SOURCE: Wildcat Minerals

Wildcat Minerals

September 29, 2014 13:52 ET

Wildcat Minerals Announces Expansion to Terminal Network in the Utica-Hannibal, OH

Wildcat Minerals Enters Utica With State of the Art Unit Train and Barge Facility

GOLDEN, CO--(Marketwired - September 29, 2014) - Wildcat Minerals announced today that the Company has opened a new frac sand and proppant transloading storage facility in Hannibal, OH. The expansion into this key unconventional play enables the company to store over 10,000 tons of proppants, receive barges, and unit trains, further enhancing its position as the premier national materials handler of oilfield consumables.

The Hannibal Facility is fully operational and currently receiving barges and shipments of frac sand and proppants. The site is also unit train capable. Wildcat's investment in this state-of-the-art, world class loading facility increases the geographic footprint of the company and enhances its position as the nation's largest independent materials handler of oilfield consumables, including frac sand and proppants.

Steve Herron, Wildcat's co-founder and chairman said the Company is "very excited to open our first transloading terminal in Ohio and our first barge capable facility. Wildcat's expansion into the Utica further increases our national footprint and allows us to assist our customers in lowering their costs to bring their products to the wellhead."

John Vesco, Chief Executive Officer said, "We are pleased at the opportunities that have arisen from the Hannibal Terminal. This facility, with barge, manifest and unit train capabilities provides a unique value proposition for our customers."

Wildcat Minerals LLC is the largest domestic independent provider of materials handling and supply chain visibility solutions for oil field consumables. The Company currently operates 18 dry bulk and proppant storage facilities and fluids transloading terminals in ten states. During its history, Wildcat has pioneered the development of high capacity/high volume distribution terminals and real time inventory management technology that provide customers with the opportunity to manage inventory from the processing plant to the wellhead in real time. Wildcat is a privately held company headquartered in Golden, CO.

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