Estimated shale oil and shale gas resources in the United States and in 137 shale formations in 41 other countries represent 10% of the world’s crude oil and 32% of the world’s natural gas technically recoverable resources.
Superior Silica Sands Announces Acquisition of Self Suspending Proppants Patents and Intellectual Property
Fort Worth, Texas – January 11, 2015 – Superior Silica Sands LLC (“Superior”) a subsidiary of Emerge Energy Services (NYSE:EMES) is pleased to announce the acquisition of 12 Patents and the Intellectual Property from AquaSmart Enterprises LLC (“AquaSmart”) for their Self Suspending Proppant technology. Superior’s branding of this technology will be established as a “Self-Suspending Sand” or “SSS”. The product brand will be marketed as SandMaxx(™). This exciting new technology in the energy services industry offers the potential to significantly increase productivity and completion efficiencies in oil and gas wells while improving pump time and well site economics by increased uplift of an expected 25-45%.
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