OFS Mammoth Energy Buys Second Sand Co. to Keep on Frackin’

Oilfield services company (OFS) Mammoth Energy Services, headquartered in Oklahoma City, OK, operates in both the Utica Shale and Permian Basin. Last week MDN reported that Mammoth, a new company formed in 2014 (but growing rapidly), had bought itself a sand mine/processing plant (Taylor Frac) in an effort to keep Mammoth's fracking crews stocked with frack sand (see OFS Mammoth Buys Sand Co. to Ensure Steady Supply for Fracking). A couple of days later Mammoth did it again--purchasing a second sand mine (Chieftain Sand and Proppant) with twice the capacity. And they picked it up on the cheap, in a bankruptcy auction for $35 million...

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