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Fracking Pays! Frac Tech Floats IPO to Raise $1.15B | Marcellus Drilling News
Even though “fracking” – a reference to hydraulic fracturing – has become a dirty word for some, it’s certainly a good business to be in. Frac Tech International is one such company in the business of providing fracking services to oil and gas drillers. Just 11 years old and with yearly revenues exceeding a billion