A large frac sand mine has taken a creative approach to selling their asset.  They are offering, with some money down and guaranteed minimum tonnage per year, to allow a buyer to pay them back with their own royalties!  This seller-financed approach has worked for years in real estate and for other assets (rent-to-own), but this is the first time we have seen it in frac sand.  And we think it could work, making ownership of a large frac sand mine and plant accessible to a much larger number of people.

Here are some more details:

• 250 million tons of sand
• Close to BNSF rail (would need a spur)
• 40:140 deposit
• 7 – 9 k crush
• Wet plant single or two products
• Fully permitted
• Dry screen for damp sand 9 k crush

It is not an in-basin mine, but it is pretty close to a major basin.  With rail, it could service Texas, Oklahoma, Utah, Colorado, North Dakota, etc.  Sand can also be sold in other industrial projects (athletics, enhanced geothermal, construction, etc.).

Contact Pete Cook ([email protected]) for an introduction to the seller.