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212 Resources getting credit from GE Energy

GE Energy Financial Services, a unit of GE, said Tuesday it is providing a senior secured credit facility of up to $250 million to 212 Resources, based in Midway.

212 Resources will use an initial $27.5 million for equipment and working capital financing to begin processing and recycling oil-field wastewater into clean water for reuse in drilling operations in Wyoming. GE said the six-year facility allows 212 Resources to have the flexibility to expand its services "to protect environmentally sensitive areas."