Heckmann --> Nuverra Environmental Solutions

Heckmann soon to become Nuverra Environmental Solutions:

Heckmann Corporation, one of the largest companies in the United States dedicated to the removal, treatment, recycling, transportation and disposal of restricted solids, fluids and hydrocarbons - today announced that it will unite its individual business units under a single new brand. Heckmann Corporation - together with Heckmann Water Resources, Power Fuels and Thermo Fluids - will become "Nuverra Environmental Solutions."

Jim Cramer on Heckmann, including an interview with the Executive Chairman of Heckmann.

• 2013 should be better than 2012
• lots of optimism this year
• rig count: wrong metric to follow (the MDW has said this for quite some time); the better metric: production
• Bakken production up 30%; during same period rig count flat 
• drilling technology "light years" of improvement in the past three years
• 30 to 40% more drilling with same number of wells
• four years ago, Heckmann-type business did not exist; recycling frack water
• Four years ago: $15 million in sales with 30 employees; now: $800 million in sales with 3,000 employees
• if California wants to fix its fiscal problems, all it has to do is open up E & P
• energy independence is the future; by the end of this decade; we will NOT be importing oil from the Middle East by the end of this decade

Video link sent to me by Kent. Thank you.

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Speaking of water: http://www.youtube.com/watch_popup?v=f309fSTWYo4