Our corporate headquarters are located at 14201 Caliber Drive, Suite 300, Oklahoma City, Oklahoma 73134.
−Removed: We currently own 16 properties, five located in Wisconsin, five located in Texas, four located in Ohio and two located in Oklahoma, which are used for field offices, yards, production plants or housing.
+Added: We currently own 15 properties, five located in Texas, four located in Wisconsin, four located in Ohio and two located in Oklahoma, which are used for field offices, yards, production plants or housing.
In addition to our headquarters, we also lease 35 properties that are used for field offices, yards or transloading facilities for frac sand.
1 unchanged sentence
Sand Properties
−Removed: On May 26, 2017, we acquired substantially all of the assets of Chieftain Sand and Proppant, LLC and Chieftain Sand and Proppant Barron, LLC, unrelated third party sellers, which we collectively refer to as Chieftain, following our successful bid in a bankruptcy court auction, which assets included our Piranha facilities described in more detail below, for approximately $36.3 million.
−Removed: On June 5, 2017, we acquired from Gulfport, Rhino and certain affiliates of Wexford all outstanding membership interests in Sturgeon Acquisitions LLC, which owns Taylor Frac, LLC, Taylor Real Estate Investments, LLC and South River Road, LLC, which acquisition included our Taylor facilities, described in more detail below, in exchange for our issuance of an aggregate of 5,607,452 shares of our common stock to the sellers, with an aggregate value of $103.7 million as of the closing date.
−Removed: These acquisitions expanded our natural sand proppant business operations, added sand reserves and increased our production capacity.
Our natural sand proppant business mines, processes and sells high quality silica, a key input for the hydraulic fracturing of oil and gas wells, which we refer to as frac sand.
20 unchanged sentences
Our current air permit allows us to produce up to 2.2 million tons per year of finished product.
−Removed: The Taylor facility includes a 150 ton per hour natural gas fluid bed dryer and a 100 ton per hour natural gas fluid bed dryer as well as nine high capacity screeners that are capable of producing 2.2 million tons of frac sand per year.
+Added: The Taylor facility includes a 150 ton per
+Added: hour natural gas fluid bed dryer and a 100 ton per hour natural gas fluid bed dryer as well as nine high capacity screeners that are capable of producing 2.2 million tons of frac sand per year.
During the year ended December 31, 2020, our Taylor facility produced 0.4 million tons of sand.
7 unchanged sentences
Our Piranha facility includes a 150 ton per hour natural gas fired fluid bed dryer and a 200 ton per hour natural gas fluid bed dryer as well as seven high capacity screeners capable of producing 2.6 million tons of frac sand per year.
−Removed: During the year ended December 31, 2019 , our Piranha facility
−Removed: produced 1.0 million tons of sand.
+Added: During the year ended December 31, 2020, our Piranha facility produced 0.1 million tons of sand.
Our finished product is loaded directly into railcars.
17 unchanged sentences
The following tables provides information regarding our rated production capacities of our sand production facilities as of December 31, 2020:
−Removed: Wet Plant Location
−Removed: Annual Rated Plant Capacity
+Added: Wet Plant Location Annual Rated Plant Capacity
(Thousands of Tons)
2 unchanged sentences
Muskie in Pierce County, Wisconsin 1,314
−Removed: Dry Plant Location
−Removed: Annual Rated Plant Capacity
+Added: Dry Plant Location Annual Rated Plant Capacity
(Thousands of Tons) (a)
10 unchanged sentences
Estimated Proven Reserves (Thousands of Tons)
−Removed: Mine Location
−Removed: December 31, 2019
−Removed: December 31, 2018
−Removed: December 31, 2017
+Added: Mine Location December 31, 2020 December 31, 2019 December 31, 2018
Taylor in Jackson County, Wisconsin 24,691 25,121 26,325
Piranha in Barron County, Wisconsin 38,050 41,001 42,358
+Added: Total 62,741 66,122 68,683
We categorize our reserves as proven recoverable within SEC definitions.
20 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.