GreenHunter Energy, Inc. is a publicly traded

Company. (NYSE MKT symbol : GRH and GRH.PRC) Investor Contact

Jonathan D. Hoopes

President and Chief Operating Officer

GreenHunter Energy, Inc.

1048 Texan Trail

Grapevine, TX 76051

Phone: (972) 410

- 1044

Fax: (972) 410

- 1066 GreenHunter Water, LLC is a wholly owned subsidiary

of GreenHunter Energy, Inc.

www.greenhunterenergy.com

www.greenhunterwater.com 

### Storing Water on

- Site to Reduce Transportation Costs and Maximize Efficiencies

Infocast 3 rd 

### Water Management for Sale Plays

Pittsburg, PA

– October 30, 2012

# Safe Harbor Disclosure

This presentation includes or incorporates by reference statements that constitute

forward

- looking statements within the meaning of Section 27 A of the Securities Act

of 1933

, as amended, and Section 21 E of the Securities Exchange Act of 1934

, as

amended

. These statements relate to future events or to our future financial

performance, and involve known and unknown risks, uncertainties and other factors

that may cause our actual results, levels of activity, performance, or achievements

to be materially different from any future results, levels of activity, performance or

achievements expressed or implied by these forward

- looking statements

. These

statements include, but are not limited to, information or assumptions about

revenues, gross profit, expenses, income, capital and other expenditures, financial

plans, capital structure, cash flow, liquidity, management's plans, goals and

objectives for future operations and growth

. In some cases, you can identify

forward

- looking statements by the use of words such as “may,” “could,” “expect,”

“intend,” “plan,” “seek,” anticipate,” “believe,” “estimate,” “predict,” “potential,”

“continue,” or the negative of these terms or other comparable terminology

. You

should not place undue reliance on forward

- looking statements since they involve

known and unknown risks, uncertainties and other factors which are, in some cases,

beyond our control and which could materially affect actual results, levels of activity,

performance or achievements

.

2Total Water Management SolutionsTM

• We approach water management through the eyes of an operator

• Senior Management team has more than 100 years combined oilfield experience

• Every solution for your water from hauling and disposal to recycling into fresh water for reuse

• Complete turnkey service packages available to outsource your entire water group

UIC Class II Disposal Wells and Advanced Logistics

• Disposal Facilities in Marcellus, Utica, Eagle Ford, Horizontal Mississippian Lime and Bakken Shale Plays

• Trucking and Hauling Fleet with HAZMAT placard units available ; Barge Trans

- loading Facilities Significantly Reduce Truck Traffic

• Long Term fixed rate contracts available

Frac

- Cycle TM (Recycle and Reuse)

• Oilfield Water Recycling and Reuse

• Technology agnostic water treatment system customized to meet the unique needs of flowback and / or produced water

. Systems

available to treat any volume of water and can be designed to return clean brine or fresh water for a subsequent frac job RAMCATTM (Remote Access Management Compliance Asset Tracking)

• 21 st Century cutting

- edge well head management system and compliance tool that uses a unique combination of proprietary

software ; advanced hardware and communications technology to provide an extremely powerful, effective and user

- friendly

method for remote well

- head management 

# Operations Overview

3 MAG Tank TM and Field Equipment Rentals

• 10

, 000 Bbl to unlimited Bbl storage capacity, proprietary flexible design, modular

- above

- ground storage system

• Reduces truck traffic, increases safety, speeds up set

- up and take

- down times and lowers total costs to operator

• Large variety of fluids handling equipment including manifolds are available to rent45 

# Comparing Storing Options6 

# Advantages vs. Alternatives

• Advantages vs

. Impoundments

• Mitigates difficult or incompatible soil and geology

• No blasting and decreased excavation and disturbed land

• Dramatically reduced site reclamation

• Eliminates disturbance of groundwater table

• Advantages vs

. Frac Tanks

• Considerable cost reduction

• Minimal piping

• Decreases disturbed land

• Reduces trucking and logistical demands7 

# Tanks vs. Impoundment

– Size / Structure

• Tanks = FLEXIBILITY

• Average size Impoundment : 2

- 3 million gallons = 70

, 000 BBL

• Average size Tank : endless variety of dimensions

• Tanks = MOBILE & REUSABLE

• Easily deconstructed, transported, stored or reconstructed on another site

• Leads to significant cost savings over the life of the asset

• Tanks = Faster to Install and Remove

• Few days to install and begin use

• Demolition only about 2 / 3 of install time8 

# Tanks vs. Impoundment

– Safe / Secure

• Highly Visible = safer for workers and wildlife

• More durable and less prone to leakage

o Steel walls and protective liners

• Easily leak monitored and fitted with secondary containment

• Less environmental impact

• No fence for cattle/wildlife area9 

# Storage Considerations

• Above Ground Storage Tanks

– CATASTROPHIC FAILURE

 however, more easily monitored

 Open Top

• Impoundments

– greater risk of leaks

 not as easily leak monitored10 

# Trucking Cost

• $ 1 /BBL/HR Truck Cost of Water

• Two truckloads vs

. 50

- 100 + for conventional steel tanks

o Significantly fewer vehicle movements on wellsite

• Up to 95 % road

- trucking reduction vs

. the equivalent capacity in conventional

steel tanks

• Road Conditions

• Neighbors11

# MAG Tank TM and Equipment Rental

12  17

, 000 Bbl to 100

, 000 + Bbl Expandable Capacities for Water Storage

 GreenHunter’s proprietary design significantly differs from competitive products

allowing the MAG Tank to be installed on a variety of well pads

 The key MAG Tank differentiator is found in a flexible footprint made possible using

standardized panels

 Operators benefit from reduced truck traffic, minimal site disturbance, lower costs

and expedited set

- up and take

- down times compared to frac tanks and pits

 GreenHunter Water has a large variety of equipment and tanks for rental

. Products

available in the Eagle Ford and Marcellus Shale areas include : 

# Modular Above Ground Fluid Storage Tank System

• 500 Bbl Frac Tanks and 425 Bbl Weir Tanks

• Frac manifolds, Glass

- lined Steel tanks and Acid Tanks

• Winch Trucks, Vacuum Trailers, Pumps and Related Equipment

• MAG Tank Commercial Availability Expected in Fourth Quarter 2012

# National Presence

– Fast Growth Shale Plays

Entered in early

- 2012

 Active Leases in place

 SWD ops targeted 3Q12 Bakken Shale

Began Operations in 2011

 2 SWD Well Leases

 5 SWD Well Joint Venture

 4 Vacuum Trucks

 Tank Rentals

 Frac

- CycleTM Eagle Ford Shale Began Operations in 2011

 6 SWD Facilities in Operation

or Development

 27 Vacuum Trucks

 Barging

 Disposal

 Tank rentals

 Frac

- CycleTM Marcellus Shale

Utica Shale

Began Operations in 2012

 3 SWD facilities

 Trucking

 Tank Rentals

 Frac

- CycleTM Oklahoma

Mississippian Lime

13 SWD Work In Process SWD Owned or Operated by GHW