Mammoth Buys Sand Mine In ‘Scramble’ To Meet Proppant Demand

Transaction Type

Sellers

Gulfport Energy Corp.

Rhino Exploration LLC

Wexford Capital LP

Sturgeon Acquisitions LLC

Stingray Energy Services LLC

Stingray Cementing LLC

Buyers

Mammoth Energy Services Inc.

Announce Date

Tue, 03/21/2017 - 12:00 PM

Post Date

Apr 5, 2017

Close Date

Tue, 06/06/2017 - 12:00 PM

Estimated Price

134MM

Description

Acquired Sturgeon, owner of Taylor Frac, and Stingray service companies, which operate primarily in the Appalachian Basin; includes Taylor Frac's frack sand facility in WI.

Mammoth Buys Sand Mine In ‘Scramble’ To Meet Proppant Demand