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Hi-Crush Reports Year-End Results

Hi-Crush Partners reported fourth quarter results. Net income was $18.1 million, or $0.63 per limited partner unit, for the fourth quarter of 2013 and $58.6 million, or $2.08 per limited partner unit, for the year ended Dec. 31, 2013.

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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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Rainmaker Acquires Mineral Rights in Canada

Rainmaker Mining Corp. has entered into a Letter of Intent (LOI) with the 50/50 partnership of Zimtu Capital Corp. and 877384 Alberta Ltd. to acquire four metallic and industrial minerals permits in north western Alberta, totaling approximately 24,363 hectares. The permits have potential to host deposits of silica sand suitable for hydraulic fracturing, and are immediately adjacent to a current producer.

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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