Bakken (BWTX) Signs LOI to Acquire Nationwide Property Partners
BAKKEN WATER TRANSFER SER (BWTX)
Company Research
Source: GlobeNewswire
Minot, North Dakota , Sept. 28, 2017 (GLOBE NEWSWIRE) -- (OTC Pink: BWTX) Bakken Water Transfer Services Inc. is pleased to announce it has signed a letter of intent to acquire Nationwide Property Partners Inc. (NPP) In an effort by Bakken to diversify its asset base into long term growth and sustainable income outside of its core water operations in the oil field services industry, it intends to build a large portfolio of rental income properties in the United States starting with this acquisition. NPP currently owns thirty-seven (37) rental properties in Flint, MI, with 2 more pending in escrow. Along with private funding, and funds from operations, the company is looking to purchase more houses through traditional search methods, and its lead generating web-site www.nationwidecashforkeys.com. This acquisition is expected to close within thirty days. About Bakken Water Transfer Services Inc. Bakken Water Transfer Services, Inc. is an oilfield service company with operations f
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