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Hi-Crush Provides Update on Permian Basin Proppant Facility
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The Partnership provided updated guidance for 2017 capital expenditures in the range of $115 to $125 million related to the construction of our Kermit facility, our new terminal facility in Pecos, Texas, equipment for the PropStream integrated logistics solution and overburden removal, among other projects.
For the three months ended March 31, 2017, capital expenditures totaled $20.4 million related to costs associated with the construction of our Kermit facility and a new terminal facility, among other projects.
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