Resilient Energy Inc. Enters LOI Negotiations for Second Acquisition; First Acquisition Nears Closing
Rhea-AI Summary
Resilient Energy (OTCID:RENI) said March 26, 2026 it is negotiating a second acquisition while its first acquisition is nearing completion. The second target operates in produced water, salt water disposal, recycling and support services, reportedly generates strong multimillion-dollar revenues and is profitable.
The company said combining both deals would position RENI as a leading operator in produced water management, expanding capacity and customer base. Industry context notes ~36,000 active U.S. disposal wells and a Permian Basin projection of a seven-fold increase in produced water disposal by 2030, underscoring rising demand for high-capacity water-management solutions.
Positive
- Second target reportedly generates multimillion-dollar revenues and is profitable
- Combining both acquisitions would create a leading produced-water operator with expanded capacity
- Industry demand support: Permian disposal projected seven-fold by 2030
Negative
- Both transactions remain in negotiation/LOI stage and are not guaranteed to close
- Company disclosed no specific purchase price, financial terms, or closing dates
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, March 26, 2026 (GLOBE NEWSWIRE) -- via IBN -- Resilient Energy Inc. (OTCID:RENI) announced it is in negotiations for a second acquisition, an opportunity that would expand and complement the key assets of its first acquisition, which is now in the final stages of nearing completion.
The second target operates in the same sector as the first, providing infrastructure and services in produced water, salt water disposal, recycling, and support operations for crude oil production. While financial details cannot be disclosed, the company confirms that it generates strong multimillion-dollar revenues, is profitable, and serves large oil and gas producers.
If both acquisitions close, RENI would be positioned as a leading operator in produced water management, combining expanded capacity, diversified assets, and a strong customer base with immediate growth potential.
Industry Context
- The United States currently has ~36,000 active disposal wells.
- The Permian Basin is projected to see a seven-fold increase in produced water disposal by 2030, highlighting rising demand for high-capacity, compliant water-management solutions.
These trends reinforce RENI's strategy to consolidate infrastructure and operations in this growing market.
CEO Commentary
"Our negotiations for the second acquisition are progressing well," said RENI's CEO, Jon Bianco.. "With our first acquisition approaching closing, adding this second target advances our strategy to become a leading, infrastructure-driven platform in produced water management. We look forward to updating shareholders as these transactions move forward."
About Resilient Energy Inc.
Resilient Energy Inc. (OTC: RENI) is an independent oil and gas acquisition company focused on producing properties and complementary energy services. The Company’s strategy centers on building diversified revenue streams that help offset sector volatility while maintaining profitable, sustainable operations. RENI’s leadership team brings decades of combined experience across the energy sector, including specialized expertise in saltwater disposal operations. The Company’s core competencies include: Strategic acquisitions and integrations Energy services operations management Shareholder value creation Capital markets and fundraising Leveraging this experience, RENI is focused on identifying high-quality, cash generating targets that offer significant long-term value. The acquisition currently under review exemplifies the Company’s disciplined approach to growth—combining operational excellence with clear pathways for revenue expansion and shareholder return.
Contact:
SOURCE Resilient Energy Inc