Market Overview

Milestone Opens Fourth Permian Facility

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Stanton Location Will Serve the Midland Basin

Milestone Environmental Services (Milestone), an industry leader in oil
and gas waste management, has opened its seventh state-of-the-art
facility
to serve E&P customers. The Stanton
facility
in Glasscock County is 10 miles south of Stanton, near the
intersection of Highway 137 and County Road 470.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180820005383/en/

Milestone Environmental Services opened its fourth facility in the Permian Basin, its seventh in Tex ...

Milestone Environmental Services opened its fourth facility in the Permian Basin, its seventh in Texas and the third new facility within a year. (Graphic: Business Wire)

At this new site in the Midland Basin, Milestone will primarily accept
drilling waste streams, including water-based mud and oil-based mud,
along with some completion and production waste such as tank bottoms and
water waste streams. Full service truck washout services are also
available at each of the Milestone locations.

The facility started receiving shipments from customers in August and is
operating 24 hours a day, seven days a week. Milestone will host a grand
opening at the facility on Thursday, Sept. 13.

"With the addition of the Stanton and Orla facilities this year,
Milestone is the clear leader in slurry waste disposal in the Permian
Basin. We are positioned for extraordinary growth in the most prolific
drilling region in the U.S.," said Gabriel
Rio
, president and CEO. "We have assembled an incredibly talented
team that has enabled us to develop new facilities quickly, operate them
safely and efficiently, and provide excellent service to our customers.
Milestone is not stopping here – we expect to continue to add additional
facilities in the coming year, making environmentally-sustainable
management of oilfield waste more accessible for our customers."

Job Opportunities

At Milestone, employees have access to competitive wages, affordable
comprehensive benefits, onsite company-provided housing, and the chance
to build a career.
The company hired 15 additional employees to operate and support the new
Stanton facility, plus local sales personnel to support customers. In
keeping with the company's philosophy of promoting from within,
Milestone also advanced several employees from within the company.

Commitment to the Environment and Community

Milestone is a leader in environmentally-sustainable
oilfield waste management
and committed to being a good neighbor,
environmental steward and corporate citizen. The Stanton facility is
designed to minimize the impact on the environment and the community.

The facility will minimize waste by reusing salt water, recovering oil
and capturing solids. By locating facilities near drilling activity,
Milestone reduces truck trip times and traffic along the highways which
benefits the community and saves customers time and money. The facility
is situated on acreage designed to decrease noise, lights and dust for
neighbors.

Celebrating 25 years in 2018

Milestone Environmental Services began operations in 1993 as American
Disposal Services, (ADS), and has been continually providing slurry
injection disposal to the U.S. onshore oilfield ever since. In 2014, ADS
was acquired by Intervale Capital to grow and expand the business. Under
the new name, Milestone Environmental Services expanded into the Permian
Basin. The company will celebrate its 25th anniversary
throughout 2018.

About Milestone Environmental Services

Milestone Environmental Services is an oilfield environmental services
provider with an environmentally-focused, cost-effective, and efficient
approach to managing oilfield waste. Milestone operates
strategically-located, state-of-the-art disposal facilities that provide
dependable, local services for leading U.S. oil and gas operators.
Milestone is a premium provider of oilfield waste disposal, operating
for 25 years. The company is headquartered in Houston, Texas, and
currently operates seven oilfield waste management locations in the
Permian Basin, Eagle Ford Shale and Haynesville Shale. For more
information, please visit www.Milestone-ES.com.

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