This week’s buyers: Four Wood Capital Partners

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Four Wood Capital Partners LLC (“FWCP”) and its subsidiary Four Wood Energy Partners LLC (“FWEP”) today announced that the firm successfully completed its acquisition of the Morlock Salt Water Disposal (“SWD”) #1H (“Morlock”), an operated disposal facility in the Williston Basin, ND from Monkota Disposal Inc. The acquisition closed on December 31st, 2014 and was completed through SWD Enterprises LLC (“SWDE”), a subsidiary of Four Wood Energy Partners LLC. Terms of the transaction were not disclosed.

“The acquisition of the Morlock facility provides a central operating platform in the core of the Bakken for us to deliver and readily expand superior disposal capabilities and world-class customer service to the E&P community in one of North America’s most important energy plays at a time when the industry needs it most,” said Jack Sordoni, Managing Director & Head of Energy Investments at Four Wood Energy Partners.

The SWD asset acquired is a state-of-the art ultra-high capacity saltwater disposal well in western North Dakota and serves major E&P players in the heart of the Bakken shale play. Morlock is permitted to dispose of up to 20,000 barrels of saltwater per day which is the highest permitted injection capacity in the state of North Dakota. Additionally, the facility has the ability to store up to 12,000 barrels of saltwater on site to reduce waiting times for unloading trucks.

“Today’s acquisition and closing marks an important milestone for SWD Enterprises and for the Four Wood Capital family of companies. SWD Enterprises is well positioned to acquire additional disposal facilities in the Bakken and other strategic locations as the U.S. oil and gas industry enters a new era,” said Steven A. Baffico, Managing Partner & CEO of Four Wood Capital Partners LLC

About Four Wood Capital Partners LLC

Founded in 2012, Four Wood Capital Partners LLC (“FWCP”) is a premier boutique investment banking, advisory services and asset management business serving both institutions and individual investors.

With core competencies across origination and investment banking, investment management and distribution services, FWCP serves both institutions and individuals. As of December 31st, 2014, FWCP and its affiliates had approximately $1.5 billion in assets under management, supervision and/or service across registered investment companies, related funds and principal private equity investments.

About Four Wood Energy Partners LLC

Four Wood Energy Partners LLC is a subsidiary of Four Wood Capital Partners LLC and was formed in July 2014 through FWCP’s acquisition of Homeland Energy Inc to serve as the firm’s energy investment banking platform. Four Wood Energy Partners acts as a strategic advisor and, at times, a principal private equity investor in certain transactions across the energy and natural resources sector.

About SWD Enterprises, LLC

SWD Enterprises, LLC is a subsidiary of Four Wood Energy Partners LLC formed in October 2014 to focus on the aggregation of salt water disposal wells and related disposal facilities including solid waste disposal, production water and related infrastructure and transport assets serving the U.S. oil and gas business through the development, sourcing, acquisition, integration, and management of such facilities.

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