Imperial Resources Inc., Austin, Texas, (OTCBB: IPRC) has reported that its wholly owned subsidiary, Imperial Oil & Gas Inc. has completed the acquisition of the salt water disposal facility located in the heart of the Barnett Shale in Texas.

The facility is conveniently located for the disposal of large volumes of salt water generated from essential fracture stimulation operations on Barnett Shale gas wells. There are approximately 6,000 such wells within 20 miles of the facility.

It consists of a relatively new, completed surface plant on approximately 41 acres of ...