Weatherford and Hi-Crush Partners amend supply agreement

theflyonthewall.com

On March 5, Hi-Crush Operating, a subsidiary of Hi-Crush Partners (HCLP), entered into an amendment to its supply agreement with Weatherford (WFT) on behalf of itself and its affiliates including Weatherford Artificial Lift Systems. The amendment extends the term of the supply agreement for an additional three years, and requires Weatherford to pay a specified price for a specified minimum volume of frac sand each month.

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