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Nick Cook, Editor
Issue #251 | December 26, 2019
The Petroleum Connection wishes you and yours a very Merry Christmas!
Carbo's stock price dropped last month after the company disclosed it lost its largest frac sand customer and issued a warning about its ability to continue as a going concern...
The Petroleum Connection is pleased to announce that ShaleApps, a leading provider of mobile apps in the oilfield, will be the Lanyard Sponsor for both the 5th Annual Frac Sand Industry Update and the...
A Delaware bankruptcy judge on Wednesday approved a modified Chapter 11 plan of fracking sand miner Emerge Energy Services LP and its affiliates, after issues with liability releases that led her to reject a prior plan...
Canadian Premium Sand Inc. is pleased to announce that it has entered into a non-binding letter of interest with Hi-Crush Inc, a leading provider of proppant and logistics services. The Company also wishes to provide an update on...
The Wanipigow sand project, previously known as the Seymourville silica sand extraction project, is being developed by Canadian Premium Sand. The project will supply silica sand to be used in oil and gas operations...
Dave Frattaroli, Executive Vice President of Business Development at High Roller Sand, has over 30 years of experience in Global Industrial Minerals markets. He is greatly respected for his knowledge and...
The Petroleum Connection is pleased to announce that PropX has signed up as the Coffee Sponsor for the 5th Annual Frac Sand Industry Update, being held in Houston on January 29, as well as a Golf Sponsor for...
Covia, a leading provider of mineral-based material solutions for the Industrial and Energy markets, today announced that it has successfully repurchased $62.9 million of its term loan at 76.8% of par, resulting in a cash...
“Spears said many fracking companies have been hurt by oil companies buying sand and chemicals directly from suppliers rather than from oilfield service firms...
A $49 million judgment must be wiped out because it rests on an unenforceable nondisclosure agreement, a container manufacturer told a Texas appellate court Tuesday...
Hi-Crush Inc. or the "Company," today announced that it has released its first Corporate Responsibility Report, which covers the operating year 2018. The report details the Company’s efforts across several areas...
Looking at today’s depressed stock prices for tight oil operators and declining E&P activity trends, you’d never guess that this is actually a relatively wonderful time to be an E&P operator actively...
It's clear where we're going! As Guidon Holdings companies venture into new phases of our business, we continue to change the status quo of the aggregates world. With AJ Morris moving to lead us as...
Oil held above $60 a barrel before U.S. government data forecast to show that crude stockpiles declined again, mitigating concerns that global markets face a renewed surplus next year. Futures...
With lumps of coal in every oilfield stocking this holiday season, it’s easy to overlook the bright spots. There are some bright spots though. Not every E&P operator plans to slash investment next year...
The nation's number of operating oil and gas rigs increased by 14 this week, according to the Baker Hughes rig count. It's the largest gain in active rigs for U.S. producers in more than eight months. Texas led the gains, with producers adding...
The Petroleum Connection is excited to announce that we have added a poster display component to the 5thAnnual Frac Sand Industry Update. The posters will showcase frac sand assets which are available for sale...
According to a recent study of data from oil and gas wells in Texas, accounting heavy-weight Deloitte suggests that Eagle Ford and Permian Basin shale operators could generate capital efficiency gains...
International Accessories Co. was contracted to design, construct, commission and operated two hemp drying and bagging facilities, starting in September, 2019. IAC completed both projects in parallel with an...
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