Houston, TX – June 17, 2013. Ernst & Young has officially announced Larry O’Donnell as the 2013 Entrepreneur Of The Year® in the Energy Services category for the Gulf Coast Area, recognizing his long track record of entrepreneurial success.
The Entrepreneur Of The Year® Award recognizes high-growth entrepreneurs who demonstrate excellence and extraordinary success in areas such as innovation, financial performance and personal commitment to their businesses, employees, and communities. Winners were announced at a special gala event on Thursday, June 13 at the Hilton Americas Houston hotel.
“I’m honored to receive this prestigious award on behalf of all our Rockwater employees,” said O’Donnell. “I truly believe that the work and innovation we’re doing at Rockwater Energy Solutions is redefining the water lifecycle in the oilfield, helping our customers increase their production, lower their cost, and reduce their environmental footprint. I appreciate this recognition of the entrepreneurial spirit and tremendous team we have at all levels within Rockwater, who are helping us build a great company.”
O’Donnell’s recent work building Rockwater Energy Solutions was a key component of Ernst & Young’s decision. Since putting the company together in 2011, O’Donnell has helped turn a diverse group of companies into an integrated provider of oilfield water management and chemical technologies solutions with about 3,000 employees and well over $1 billion in annual revenue.
About Rockwater Energy Solutions
Rockwater Energy Solutions, Inc. provides extensive fluids management services and environmental solutions to the oil and gas industry by customizing cost-effective solutions associated with the full fluids life cycle. Rockwater offerings include water transfer by pipe; completion, stimulation, and production chemicals; water conditioning for reuse; proppant, guar, and additives for fracturing; flowback and well testing services; fluids transportation and storage; and logistics and distribution services to support its product and service offerings. Rockwater is headquartered in Houston, Texas, and has about 3,000 employees serving every major shale basin in North America.
Forward Looking Statements. Rockwater Energy Solutions, Inc. (the “Company”), from time to time, provides estimates of financial and other data, comments on expectations relating to future periods and makes statements of opinion, view or belief about current and future events. Statements relating to future events and performance are “forward-looking statements.” Forward-looking statements are generally accompanied by words such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “could,” “may,” “foresee,” “plan,” “goal” or other words that convey the uncertainty of future events or outcomes. Forward-looking statements are not guarantees of performance. The Company has based these forward-looking statements on its current expectations and assumptions about future events. These statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate under the circumstances. Actual results may differ materially from those implied or expressed by the forward-looking statements. These forward-looking statements speak only as of the date of this press release, or if earlier, as of the date they were made. By issuing estimates or making statements based on current expectations, opinions, views or beliefs, the Company has no obligation, and is not undertaking any obligation, to update such estimates or statements or to provide any other information relating to such estimates or statements. The Company faces a variety of risks that could cause actual results to differ materially from those that may be set forth in the forward-looking statements made by the Company. We caution you not to place undue reliance on any forward-looking statements.