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Mammoth Energy Services

Company Summary

Description

We are a growth-oriented Delaware limited partnership serving companies engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. Our primary business objective is to provide an attractive total return to unitholders by optimizing business

Website

http://www.nasdaq.com/markets/ipos/company/mammoth...

Operational Regions

  • United States

Related Entities

Recent news

  • 6/14/2019 - Rosen Law Firm Files... (subscriber access)
  • 10/22/2018 - Mammoth Energy Amends... (subscriber access)
  • 7/13/2018 - Mammoth Energy Services... (subscriber access)
  • 6/6/2017 - Mammoth Energy Services... (subscriber access)
  • 5/30/2017 - Mammoth Energy Service... (subscriber access)

Company Transactions

Date: 6/6/2017
Type: Acquisition

BUYERS:
  • Mammoth Energy Services
    • SELLERS:
  • Stingray Cementing, LLC
  • Stingray Energy Services, LLC
  • Sturgeon Acquisitions, LLC
  • Taylor Frac, LLC
  • Gulfport Energy Corp.
  • Rhino Exploration LLC
  • Wexford Capital LP
    • DETAILS:

    COST: 133.8 $MM

    NOTES:
    Mammoth Energy has completed the acquisition of Sturgeon Acquisitions, LLC (which owns Taylor Frac, LLC) and two other oil field services companies, Stingray Energy Services, LLC and Stingray Cementing, LLC. The Company issued an aggregate of 7.0 million shares to Gulfport Energy, Rhino Exploration LLC and subsidiaries of Wexford Capital, the pro-rate owners of the acquired businesses.
    REGIONS:
  • Appalachia
  • United States

    • Date: 5/26/2017
    Type: Acquisition

    BUYERS:
  • Mammoth Energy Services
    • SELLERS:
  • Chieftain Sand And Proppant, LLC
    • ASSETS:
  • Chieftain Wisconson White Sand Plant & Mine
    • DETAILS:

    COST: 35.25 $MM

    VOLUMES: 1.5 mtpa

    NOTES:
    The assets being acquired include a wet and dry plant in New Auburn, Wisconsin and a sand mine with 30 million tons of reserves of Northern White Jordan Substrate frac sand. The dry plant has a nameplate capacity of 1.8 Mtpa and an expected operational capacity of 1.5 Mtpa. The plant is located on the Union Pacific railroad and can ship sand to the Mid-Continent, the Eagle Ford Shale, Permian Basin and the DJ Basin.
    REGIONS:
  • Midwest