Nuverra to provide pipeline water gathering services for Exxon subsidiary

• Nuverra Environmental Solutions (NES +11.3%) agrees to provide water-related pipeline services in North Dakota for Exxon Mobil (XOM) subsidiary XTO Energy.
• NES will build the 150-mile McKenzie County pipeline network to provide produced water gathering and disposal services and fresh water delivery as part of a long-term, fee-based gathering agreement.
• The network is projected to cost $125M-$150M, with completion expected by Q4 2015.