Frontier Oilfield Services, along with its subsidiaries, is involved in the transport and disposal of saltwater and other oilfield fluids in Texas. According to the Railroad Commission of Texas, oil and gas reservoirs throughout the state are located in porous rock formations that typically contain significant amounts of saltwater, and the state requires proper disposal of this fluid in order to avoid contamination of surface or subsurface waters. Currently, Frontier owns and operates 11 of these disposal wells in the Lone Star State, with six within the Barnett Shale Formation in North Texas and five near the Louisiana state line in the eastern portion of the state.

The Barnett Shale Formation, in particular, could provide the company with ample opportunity to increase its foothold in the oilfield services industry. According to Geology.com, despite over half a century of intense oil and gas drilling in the region, advances in technology have made the area into a booming new frontier for the global industry. Currently, the state has more than 295,000 active oil and gas wells, but only 7,500 wells that are used for disposal. This puts Frontier in a strong position in an industry that is legally required to properly dispose of byproducts.

Founded in 1995, Frontier serves national, integrated and independent oil and gas exploration companies from its headquarters in Chico, Texas. Donald Ray Lawhorne has served as the company’s Chief Executive Officer since July 29, 2013, leading a dedicated team of 83 full time employees towards growth in one of the country’s most active drilling regions.

With Texas oil production rising from just over one million barrels per day in 2009 to nearly three million barrels per day in March 2014, according to the Christian Science Monitor, demand for Frontier’s services is at an all-time high. Look for the company to continue making strides in attracting additional growth opportunities in the area in the months to come.

For more information, visit www.frontierosi.com

Using proprietary technology structured to transform global commerce, Net Element has amassed a subsidiary portfolio of revenue-generating, top-ranked companies that create a diversified consumer base in emerging countries and contribute to Net Element’s general growth.

From its headquarters in Miami, Net Element owns and operates TOT Group, Inc., a global mobile payments and transaction processing provider. Companies under the TOT Group umbrella include Unified Payments, which was recognized by Inc. Magazine as the No. 1 fastest growing private company in America in 2012, and Aptito, a next-gen cloud-based point of sale payments platform.

Also within this group is mobile billing solutions provider TOT Money, which is ranked as Russia’s top SMS content provider, according to Beeline, the country’s second largest telecommunications operator. TOT Money was reorganized in 2014, and in January 2015 hit a key milestone in exceeding 1 million recurring mobile subscribers.

In support of its overall expansion strategy, Net Element recently entered into a strategic partnership with TAS Group to develop and promote Europay, MasterCard, and Visa chip-enabled solutions, card management systems, and mobile payment technologies in the U.S. and select global markets including Russia, the Middle East, India and Africa.

Utilizing its portfolio of subsidiaries and high-level business relationships, Net Element is gaining traction in the mobile commerce and alternative payments environments. The company has defined several initiatives to continue this momentum, including growing its traditional and mobile technology base, strengthening its balance sheet, and focusing on small to medium enterprise (SME).

For more information, visit www.netelement.com