Hi-Crush files BK

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k1f
Posts: 455
Joined: Tue May 04, 2010 9:47 am

Hi-Crush files BK

Post by k1f »

Hi-Crush files BK.
dan_s
Posts: 37270
Joined: Fri Apr 23, 2010 8:22 am

Re: Hi-Crush files BK

Post by dan_s »

Not a good business with well completions down 80% YOY. If they can drag out the Chapter 11 process, which lawyers love to do, there should be a big rebound in well completions a year from now. We are going to need a lot of frack sand just to stabilize U.S. oil production.
Dan Steffens
Energy Prospectus Group
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