OKLAHOMA CITY, Nov. 18, 2021 /PRNewswire/ -- Mammoth Energy
Services, Inc. (NASDAQ: TUSK) ("Mammoth" or the "Company") today
announced that its wholly owned subsidiary, Aquawolf LLC
("Aquawolf"), a Denver-headquartered provider of
infrastructure engineering services, has been awarded a contract by
a major utility to provide engineering and design service for the
building of Electric Vehicle ("EV") charging station infrastructure
to support its clean transportation initiatives. The scope of
services under the contract includes direct engineering and
oversight of subcontractors providing civil and structural
engineering, electrical distribution design, planning, drafting and
mapping, permitting and construction support. The multi-year
contract was issued in an amount not to exceed $5 million and will run into 2024.
"This contract is a significant development for our Aquawolf
team and allows us to compete for further business in the EV
charging market," said Arty Straehla, CEO of Mammoth. "Part of the
recently passed infrastructure bill contains $7.5 billion for the development of 500,000 EV
charging stations and distribution throughout the U.S. This move
into EV charging stations allows Aquawolf to expand our business
lines and continue the growth of our engineering offerings."
Mammoth Energy Services, Inc.
Mammoth is an integrated, growth-oriented energy services
company focused on the construction and repair of the electric grid
for private utilities, public investor-owned utilities and
co-operative utilities through its infrastructure services
businesses. The Company also provides products and services to
enable the exploration and development of North American onshore
unconventional oil and natural gas reserves. Mammoth's suite of
services and products include: infrastructure services, well
completion services, natural sand and proppant services, drilling
services and other energy services. For more information, please
visit www.mammothenergy.com.
Contact:
Mark Layton,
Chief Financial Officer
mlayton@mammothenergy.com
(405) 608-6007
Investors:
Rick
Black
rblack@dennardlascar.com
(832) 435-0026
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SOURCE Mammoth Energy Services, Inc.