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.

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