Emerge Energy Services Commences Shipments from the New San Antonio Plant
May 08 2018 - 4:34PM
Fort Worth, Texas
- May 8, 2018 - Emerge Energy Services LP today announced that
its subsidiary Superior Silica Sands LLC has commenced frac sand
shipments from its new San Antonio dry plant. The first shipments
from the new dry plant were loaded and trucked directly to the
Eagle Ford basin on Saturday, May 5th. As noted in
last week's first quarter 2018 earnings release, the new dry plant
started production at the end of April, pre-loading silos with
finished sand inventory.
"While we have been shipping frac
sand at the San Antonio site from our old production circuit for
over nine months, our new dry plant has now officially begun
shipping frac sand," noted Rick Shearer, Chief Executive Officer of
the general partner of Emerge Energy. "We have set ourselves apart
from the competition by opening our new in-basin plant ahead of
schedule and under budget. We are working hard to ramp up the
plant's output to reach full capacity of 2.4 million tons per year,
as limited by our current permit. The construction of our new wet
plant should be completed by July, which will allow us to achieve
full production during the third quarter."
"We are also making progress on
obtaining our new air permit that will expand the plant's total
capacity to 4.0 million dry tons per year. The public comment
period for the new permit expired last week with no major comments
or complaints. As a result, our confidence of obtaining this permit
by the fourth quarter has increased. We remain very excited and
upbeat about our business."
About Emerge Energy Services
LP
Emerge Energy Services LP (NYSE:
EMES) is a growth-oriented limited partnership engaged in the
business of mining, producing, and distributing silica sand, a key
input for the hydraulic fracturing of oil and natural gas wells,
through its subsidiary Superior Silica Sands LLC.
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This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Emerge Energy Services LP via Globenewswire
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