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Re: 56Chevy post# 109

Friday, 11/03/2017 12:47:22 PM

Friday, November 03, 2017 12:47:22 PM

Post# of 433
Pecos Terminal

The Partnership also previously announced the commencement of operations at its new Pecos, Texas terminal, the first unit train capable terminal with silo storage in the Southern Delaware Basin. Hi-Crush is actively delivering sand via rail to the Pecos terminal, which includes 20,000 tons of vertical silo storage on-site, from its two Union Pacific-connected Northern White facilities in Wisconsin. On October 3, 2017, Hi-Crush began loading customer trucks for delivery to support local completions activity.

"We are excited to have completed construction on schedule and started operations at our third Permian Basin terminal," said Mr. Rasmus. "The completion of Pecos augments our existing capabilities in the Permian, which include our Odessa and Big Spring terminals in the Midland Basin, and extends our advantage in the region while complementing our leading network of owned and operated logistics assets. Together with our recently completed in-basin Kermit facility, these assets provide our customers with flexibility and diversity across sand product, and enhance surety of supply by mitigating potential logistical bottlenecks in these highly active areas. In addition, PropStream, our last-mile containerized delivery solution, allows us to supply our sand directly into the blender hopper at the well site reliably, efficiently, and safely. Controlling the entire logistics chain is a differentiator for Hi-Crush, particularly in an environment of significant growth, and will allow us to profitably and sustainably grow our business over the long-term."

PropStreamTM

Hi-Crush has seven PropStream crews currently operating in the Permian Basin and Marcellus and Utica plays, with the expectation to grow the total number of crews to nine or more by the end of 2017.

Marker:
Hi-Crush Partners LP (HCLP)
$10.175 up 0.075 (0.74%)
Volume: 708,753


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