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Hi-Crush Partners in new frac sand purchase deal with Halliburton

Jun. 23, 2014 5:27 PM ETHi-Crush Inc. (HCRSQ) StockHAL, HCRSQBy: Carl Surran, SA News Editor7 Comments
  • Hi-Crush Partners (NYSE:HCLP) says in has entered into a new long-term frac sand purchase agreement with Halliburton (NYSE:HAL) which increases the annual minimum committed volumes under previous agreements, extends the term through year-end 2018, and requires HAL to pay a specified price for a specified minimum volume of frac sand each month.
  • The new agreement also provides for further significant increases in annual volumes dependent on HAL's aggregate annual demand for northern white frac sand.
  • HCLP +0.6% AH.

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