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Resilient Energy Inc. (OTCID:RENI) Closes Acquisition of Mid River Midstream; Adds 12 Texas SWD Wells and $25M in Assets

  • Resilient Energy Inc. (OTCID:RENI) has officially closed a definitive agreement to acquire a 51% controlling interest in Mid River Midstream LLC (MRM).
  • The transaction adds 12 strategic saltwater disposal wells across the Permian & Eagle Ford basins, injecting $25 million in infrastructure assets onto the Company's balance sheet.
  • MRM generates multimillion-dollar annual revenues & serves an established roster of Fortune 500 corporate customers.
  • Management projects the acquired asset base will generate a minimum of over $3 million in revenue for the full year 2026.
  • Resilient Energy plans to scale revenues dramatically through immediate logistics integration & capacity optimization alongside its existing subsidiaries Bullet SWD LLC & Bullet Energy Services LLC.
  • The U.S. midstream produced water market is projected to reach $156 billion in total spend from 2025 through 2030, averaging over $26 billion annually.
  • Jon Bianco, CEO of Resilient Energy, stated the acquisition cements the Company as a major player in Texas water midstream infrastructure with a clear path to drive consolidated shareholder value.
Company
Resilient Energy Inc.
Keywords
Oil, Gas & Energy, Mergers and Acquisitions