Source Energy’s Third Quarter Volumes Decrease

Source Energy Services Ltd. said that its sand sales volumes for the third quarter of 2018 were 726,000 metric tons. Approximately 94 percent of these sales were made through Source’s Canadian distribution network and the majority utilized Source’s last mile logistics services where Source delivered sand directly to customers’ well sites. This brings Source’s 2018 nine-month sales volumes to 2,182,000…

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This Week’s Market Buzz

• Source Energy Services Ltd. said that its sand volumes for the second quarter were 814,000 metric tonnes (MT), of which, approximately 85 percent were made through Source’s Canadian distribution network or at customers’ well sites. This brings Source’s 2018 six-month sales volumes to 1,456,000 MT, after selling 643,000 MT in the first quarter of 2018.

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