OKLAHOMA CITY, Oct. 17, 2019 /PRNewswire/ -- Bison, Oklahoma's largest water
infrastructure, logistics and solutions provider, today announced
that it has entered into a 15-year Water Gathering and Disposal
Agreement with Chaparral Energy, LLC (NYSE: CHAP) and its
affiliates. Under the agreement, Bison will exclusively manage all of
Chaparral's produced water infrastructure and water hauling
logistics, including any future acreage acquired or operated by
Chaparral, within a ~1.9 million-acre dedicated area across
Canadian, Grady and Blaine counties.
North Whipple, CEO of Bison,
commented: "We are excited to materially expand our relationship
with Chaparral through this long-term water agreement. As part of
the arrangement, Bison will
construct and manage all of Chaparral's water infrastructure and
logistics within these three counties of the STACK and Merge for
the next 15 years. We are proud to continue growing alongside our
customers by helping them focus on their core businesses, realize
cost savings, outsource their infrastructure expenses and achieve
unmatched system reliability."
For more information regarding the company, visit our website at
www.BisonOK.com or email us at Media@BisonOK.com.
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SOURCE Bison