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Enserco Mainstream Acquires Majority Stake in Frac Resources

Enserco Midstream, LLC purchase a majority interest in Frac Resources LLC, a Houston-based oil field service logistics company focused on frac sand storage and transloading. With terminals located in Laredo and near San Antonio, Frac Resources is one of the largest frac sand logistics and distribution companies in the Eagle Ford Shale, transloading over 750 million lb. of frac sand in 2013.

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Claim Post Looks to ‘De-Risk’ Seymourville Frac Sand Project

Claim Post Resources Inc. has retained P&E Mining Consultants Inc. of Brampton, Ontario, Canada, to complete a NI 43-101 Resource Estimate Technical Report on Claim Post’s Seymourville Frac Sand Project located 200km northeast of Winnipeg, Manitoba, Canada.

Read more: Claim Post Looks to ‘De-Risk’ Seymourville Frac Sand Project

Rainmaker Acquires Two Potential Canadian Frac Sand Sites

Rainmaker Mining Corp. has entered into a purchase and sale agreement to acquire two mineral claims in north central Saskatchewan, totaling approximately 10,275 hectares. Both claims have the potential to host deposits of silica sand suitable for hydraulic fracturing.

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Financing a Boost to NFP Frac Sand Operations

Houston-based frac sand producer Northern Frac Proppants II LLC (NFP) announced the successful completion of a $77 million senior secured credit facility consisting of a five-year term loan. Proceeds from the new credit facility will be used to expand NFP’s operating frac sand mine and production facility in Alma Center, Wis., and bring online additional frac sand processing facilities located on Class 1 rail lines in Wisconsin.

Read more: Financing a Boost to NFP Frac Sand Operations