Source Energy Services
Producer, supplier and distributor of high quality Northern White frac sand.
About Source Energy Services
Source is a fully integrated producer, supplier and distributor of high quality Northern White frac sand, primarily to the WCSB. Source provides its customers with a full end-to-end solution through its Wisconsin mine assets, processing facilities, unit train capable rail assets, strategically located terminal network and “last mile” logistics capabilities. Source’s full service approach allows customers to rely on its logistics capabilities to increase reliability of supply and to ensure the timely delivery of their growing frac sand requirements. In addition to its transload terminal network and in-basin storage capabilities, Source has also developed Sahara, a proprietary wellsite mobile sand storage and handling system.
Source owns and operates a Northern White frac sand mine and related closed-loop wet processing plant located in east-central Barron County near the town of Sumner, Wisconsin, a Northern White frac sand mine and related closed-loop wet processing plant, which includes three washing circuits, dry processing plant and unit train capable loadout facility, located near Blair, Wisconsin , a dry processing plant, storage and loadout facility located in Weyerhaeuser, Wisconsin, and a Northern White frac sand mine and related closed-loop wet processing plant, dry processing plant and loadout facility, located near Blair, Wisconsin.
- Amount: $15.0 Million
- Type: Senior Secured Term Loan
- Purpose: Growth Financing
- Head Office: Calgary, Alberta
- Ownership: Public
- Date: December 2016