One-Page Deal Sheet
Source Enters Proppant Supply Contract with Canyon Services Group
Source Energy Services Canyon Services Group Inc.
Announced Date
September 11,2014
Transaction Type
Asset
Location
Region
Canada
Country
Canada
Transaction Details: Require Private Equity Subscription
Source Energy Services LP, has announced the entry into a long-term proppant supply agreement with Canyon Services Group Inc., an oilfield service company providing hydraulic fracturing and other well-stimulation services, to oil and natural gas producers across Western Canada.
The supply agreement sees Canyon securing a set volume of Source White frac sand in order to supply its Canadian fracturing services operations.
Brad Thomson, Chief Executive Officer of Source Energy said: "Source Energy Services is excited to enter into this long-term partnership with Canyon.
We’re confident that our…
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