Pursuant to the Rangeview Water Agreements (defined in Note 4 – Water and Land Assets in Part II, Item 8 of the 2017 Annual Report) and an Export Service Agreement entered into with the Rangeview District dated June 16, 2017, the Company provides water and wastewater services on the Rangeview District’s behalf to the Rangeview District’s customers. Sales to the Rangeview District accounted for 4% and 27% of the Company’s total water and wastewater revenues for the three months ended February 28, 2018 and 2017, respectively. Sales to the Rangeview District accounted for 5% and 28% of the Company’s total water and wastewater revenues for the six months ended February 28, 2018 and 2017, respectively. The Rangeview District has one significant customer, the Ridgeview Youth Services Center. Rangeview’s significant customer accounted for 4% and 16% of the Company’s total water and wastewater revenues for the three months ended February 28, 2018 and 2017, respectively. Rangeview’s significant customer accounted for 4% and 23% of the Company’s total water and wastewater revenues for the six months ended February 28, 2018 and 2017, respectively.

Revenues related to the provision of water for the oil and gas industry to two customers accounted for 95% of the Company’s water and wastewater revenues for the three months ended February 28, 2018. Revenues related to the provision of water for the oil and gas industry to three customers accounted for 93% of the Company’s water and wastewater revenues for the six months ended February 28, 2018. Revenues related to the provision of water for the oil and gas industry to one customer accounted for 60% and 61% of the Company’s water and wastewater revenues for the three and six months ended February 28, 2017, respectively.

The Company had accounts receivable from the Rangeview District which accounted for 24% and 50% of the Company’s trade receivables balances at February 28, 2018 and August 31, 2017, respectively. The Company had accounts receivable from one other customer of 54% at February 28, 2018 and 46% at August 31, 2017. Accounts receivable from the Rangeview District’s largest customer accounted for 15% and 19% of the Company’s water and wastewater trade receivables as of February 28, 2018 and August 31, 2017, respectively.