U.S. Silica Holdings Signs Agreement with Wildcat Minerals
U.S. Silica Holdings Inc. recently announced it has signed a multi-year agreement with Wildcat Minerals LLC, which provides the company with potential sand storage and rail capacity at 16 of Wildcat’s sand storage facilities. The facilities are reportedly located near several major unconventional oil and gas shale basins. With the addition of these new sites, U.S. Silica now has in-basin storage capacity at 40 transloads located near all major shale basins in the U.S.
“We’re very excited about the prospects to bolster our supply chain and logistics capabilities through our strategic relationship with Wildcat,” said Bryan Shinn, president and CEO of U.S. Silica. “This arrangement will enable us to enter new markets, expand our footprint in existing markets, including the Bakken and the Permian basins, and better serve our customers by ensuring that they have greater access to ample supplies of our sand in basin and closer to the wellhead.”
“Our company is very excited about the opportunity to work with one of the country’s premier hydraulic fracturing sand producers,” said Pete Melcher, COO of Wildcat. “We look forward to forging a mutually beneficial relationship with U.S. Silica as we work together to further enhance their logistics capabilities.”