Minot. ND, Aug. 25, 2015 (GLOBE NEWSWIRE) -- Geopulse Exploration, Inc. (OTC Pink: GPLS) through the company's majority owned subsidiary, Dakota Energy Resources Corp., is pleased to announce a record month for water sales in July.
The company, through one of its exclusive contracted and state-permitted sources, pumped and sold a total of over 438,000 barrels of water in conjunction with two outside water transfer companies.
Company President Mike Childs stated, "We have spent the last year building great relationships with local farmers in the Bakken Shale region of North Dakota, and through those efforts the company has produced 27 current industrial use water contracts, of which 15 already have approved permits from the state. As the company continues its search for new water sources in the general Bakken area, it is also developing partnerships with other water transfer companies to increase visibility and it's footprint in the oil field region.
About Geopulse Exploration, Inc.
Geopulse Exploration, Inc., through its majority-owned subsidiary, Dakota Energy Resources, Inc. ("Dakota Energy"), is an oil field company with operations currently in the Bakken Shale region of North Dakota, with plans to expand into Montana, Wyoming and Colorado. Geopulse operates in the oilfield services business which includes oil field fluid transportation, fluid transfers, oil field chemical distribution and transportation, fresh water sales and transportation, water pipeline set up, maintenance, and relocation. The Company's common stock trades on the OTC Pink marketplace under the ticker symbol "GPLS."
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Geopulse Exploration, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Geopulse Exploration, Inc. undertakes no obligation to revise these statements following the date of this news release.