Carbo Ceramics says activity quarter-to-date impacted by bad weather

|By:, SA News Editor

Carbo Ceramics (CRR) warns in presentation slides for this week's Howard Weil energy conference that quarter-to-date activity has been impacted by harsh weather conditions in the Bakken and northern regions of North America.

CRR says railroads' operational issues and congestion have severely affected the distribution of proppant, and anticipates ceramic proppant volumes will end below Q4 2013 volumes, but remains positive on activity levels and ceramic proppant demand for Q2 and the balance of the year.