5 Star SWD, LLC (5 Star) would like to announce that it has officially secured a large tract of land in Madison County, Texas on behalf of its inaugural fund, 5 Star Strategic Fund I, LP. This tract of land will eventually house a state-of-the-art injection facility which will offer salt water disposal and mud reclamation services to operators and tucking companies throughout the area. The location will be known as, 5 Star Zulch SWD & Mud Reclamation Center.
“5 Star is committed to helping facilitate the long term growth and production of the Eagle Ford Shale Play, trending up through the Eaglebine, Buda and Goodland Lime,” stated Waylan Johnson, President of 5 Star. He further stated,“With four injection facility locations strategically placed throughout the Eagleford and Eaglebine, we are ready and poised to capitalize on current area needs. Due to the business model we have in place and high standards we have set for ourselves, we believe 5 Star has cultivated a strong foundation for success and look forward to further expanding our footprint throughout the area.”
Last year, 5 Star entered into a consulting and oversight management agreement with ALL Consulting, LLC (ALL). ALL will oversee the construction of each 5 Star facility and manage daily operations once the facilities are up and running. The first of 5 Star’s facilities, 5 Star Fashing SWD, is expected to be open for business within the next couple of weeks. Additional facilities will continue to open throughout the year.
5 Star’s inaugural investment fund, 5 Star Strategic Fund I, LP, also holds ownership interest in three other facilities: 5 Star Hwy 72, 5 Star Fashing and 5 Star Whitsett. 5 Star Strategic Fund I, LP is being offered to verifiable accredited investors only. For further information regarding topics discussed in this article, including information about your personal investment qualifications, please contact 5 Star SWD, LLC via their Investor Relations Department: (512) 201-1060 or visit them on the web where you can join the 5 Star (corporate) Mailing List and receive up to date information on 5 Star activities, including all 5 Star Press Releases.
Disclaimer: This release/announcement/document is neither an advertisement, an offer to sell, nor a solicitation of an offer to buy securities, Units or participations of 5 Star SWD, LLC or any of its managed funds (5 Star). This release/document contains certain statements, estimates, and forecasts with respect to future performance and events. All statements other than statements of historical fact included in this release/announcement/document, a Memorandum, or the 5 Star website, including, but not limited to, statements regarding future performance or events, are forward-looking statements. All such forward-looking statements are based on various underlying assumptions and expectations and are subject to risks and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this release/document, a Memorandum, or the 5 Star Website will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this release/document, a Memorandum, or the 5 Star Website might not occur. Accordingly, investors should not rely upon forward-looking statements or historical performance as a prediction or indicator of future results. Also, 5 Star, its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and 5 Star activities have conflicts of interests. The price received for the oil and natural gas produced from any properties may be less than quoted NYMEX prices at any given times. 5 Star does not undertake any obligation to update any forward-looking statements, facts or other information, whether as a result of new information, future events, subsequent circumstances or otherwise. Information herein is not intended to be any form of solicitation. Information contained herein should not be construed as investment advice. 5 Star is not a tax professional and does not offer any tax advice.