Eleven minor earthquakes shook central Oklahoma recently, renewing speculation that the area’s oil and gas drilling boom – fueled by fracking – is to blame for an increase in seismic activity. During a 14-hour stretch the U.S. Geological Survey recorded seven quakes ranging from magnitude 2.6 to 2.9 in areas northeast of Oklahoma City. In addition, a 4.3-magnitude temblor hit…
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Silica Holdings Acquires Texas Sand Plant
Silica Holdings Inc.announced that it has signed a stock purchase agreement to acquire all of the outstanding shares of Cadre Services Inc., a leading regional sand mining company based in Voca, Texas, for approximately $98 million in cash.
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