Next Fuel, Inc. (OTCPK:NXFI) agreed to acquire Integra Disc Filtration system from Layne Christensen Company (NasdaqGS:LAYN) for $0.9 million April 29, 2014. The transaction includes Integra Disk Filtration units and technology. The transaction also includes multiple granted and pending patents for the system. Next Fuel paid an initial deposit of $0.1 million on November 14, 2013. Next Fuel will raise capital and/or secure financing to pay its commitment on this purchase agreement. Next Fuel signed an option agreement for the transaction and exercised it on April 29, 2014.

Next Fuel, Inc. (OTCPK:NXFI) completed the acquisition of Integra Disc Filtration system from Layne Christensen Company (NasdaqGS:LAYN) on September 5, 2014. Next Fuel paid the balance of $0.8 million on completion.