According to state and local economic development sources Atlas Sand dba Atlas Energy Solutions plans to invest $1,083,000.00 to build out 11,412 sq. ft. of new space in Austin, Texas. The company plans to occupy the new space at 5918 W. Courtyard Dr., Ste. 400, Austin, Texas, on or about April 1, 2023.
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Is Atlas Preparing for an IPO?
According to a report on Reuters, oil and gas tycoon Bud Brigham is exploring an initial public offering (IPO) of Atlas Sand, in what would be the first U.S. listing of an oilfield services company since 2018.
Read MoreAtlas Sand to Debut Two Permian Frac Sand Plants
Atlas Sand Company LLC announced a plan to locally supply the Permian Basin with 12 million tpy of high-quality frac sand including a 40/70 and 100 mesh size product. Atlas has commenced construction on its first two plants.
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