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BRIEF-Layne Christensen announces new energy infrastructure business ‍​
June 7, 2017 / 11:24 AM / 5 months ago

BRIEF-Layne Christensen announces new energy infrastructure business ‍​

June 7 (Reuters) - Layne Christensen Co-‍​

* Layne Christensen announces new energy infrastructure business and high-capacity water pipeline in the delaware basin

* Layne Christensen Co - ‍capital investment for system is approximately $18 million.​

* Layne Christensen Co - ‍water sales are expected to commence during Layne’s fiscal Q3.​

* Layne Christensen - ‍ once operational, financial returns from water infrastructure system are anticipated to be immediately accretive to cash flow and earnings.​ Source text for Eikon: Further company coverage:

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