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OFS - Water handling firm Lagoon buys Continental STACK system - August 2019

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Continental Resources announced the $85 million sale of its eastern STACK water gathering and recycling system in Blaine County, Oklahoma, to Lagoon Water Solutions. Along with the divestiture, the company concurrently entered into a longterm arrangement with Lagoon to provide water sourcing, gathering and disposal services for its future development in the area. Oklahoma City-based Lagoon describes itself as Oklahoma’s leading midstream water logistics company. The acquisition will make it the first midstream company......
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