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Bison Expands Water Business; Acquires Cobalt Environmental Solutions

Bison Oilfield Services LLC Cobalt Environmental Solutions, Vista Disposal Solutions LLC
AnnouncedMay 21, 2019
TypeAsset
LocationSCOOP
Announced Date
May 21,2019
Transaction Type
Asset




Snapshot
Location
Region
Mid-Continent - Anadarko Basin

Country
United States

State
Oklahoma

Play



Transaction Details:  Require Private Equity Subscription

Bison, today announced its acquisition of Cobalt Environmental Solutions (who is backed by Blue Sage Capital) water disposal business in the SCOOP and Merge plays of Oklahoma's Anadarko Basin.

Bison anticipates all Cobalt employees will remain with the company, including Patrick Brandt, CEO of Cobalt, and Jonathan Hood, COO of Cobalt, who will join Bison's water infrastructure division as Vice President and Director, respectively. Additionally, in the first quarter, the company acquired Big Star Trucking's Oklahoma water hauling division ("Big Star") and certain existing and pending…

Mid-Continent - Anadarko Basin Deal Activity In Last 12 Months



Other Mid-Continent - Anadarko Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-28-2021 - - Click here Oklahoma  Midstream
Aug-24-2020 - - Click here Oklahoma  Midstream
Dec-19-2019 - - Click here Oklahoma  Midstream
Oct-03-2019 - - Click here Oklahoma  Midstream
Aug-01-2019 - - Click here Oklahoma  Midstream