We currently have 3.3 million tons of annual processing capacity and are expanding our annual nameplate processing capacity to 5.5 million tons. We own and operate a raw frac sand mine and processing facility near Oakdale, Wisconsin, at which we currently have approximately 321 million tons of proven recoverable reserves. We sell our products primarily to oil and natural gas exploration and production companies and oilfield service companies. Dakota Transload operates from a 52,000+ square-foot enclosed facility. Smart Sand is a pure-play, low-cost producer of high-quality Northern White raw frac sand. We have the ability to unload box cars, hopper cars, gondolas, and flat cars. It capitalizes on our high-capacity corridor between the nation’s premier proppant-producing region and North Dakota’s Williston Basin.” “Working with Smart Sand to repurpose this existing rail facility into a high-efficiency sand terminal is well-aligned with our commercial strategy to maximize capacity and asset utilization. “CP is committed to working with its strategic partners to drive sustainable growth in the frac sand market,” said Coby Bullard, CP’s Vice-President Sales and Marketing, Merchandise and Energy, Chemicals and Plastics. This agreement with CP is another step forward toward Smart Sand’s goal of being an integrated mine to wellhead supplier of frac sand.” “With our previously announced annual processing capacity expansion from 3.3 million to 5.5 million tons, our Oakdale, Wisconsin mining operation continues to deliver frac sand in the quantities and with the efficient logistics needed to support today’s higher-intensity finer mesh frac designs. In particular, our new unit train capable terminal in Van Hook, North Dakota, allows us to continue growing our presence in the Williston Basin,” stated Charles Young, CEO of Smart Sand. “We are excited to partner with transportation leader CP to offer our customers competitive, efficient rail service for our Northern White Frac Sand to operating basins throughout North America. The Company expects to have the Van Hook facility operational in April 2018. As part of this transaction, Smart Sand and Canadian Pacific (TSX:CP) (NYSE:CP) have entered into a long-term agreement to service Van Hook directly along with the other key oil and gas exploration and production basins of North America. The Company paid consideration of approximately $15.5 million to acquire certain assets at the Van Hook terminal, and has entered into a long-term lease agreement in connection with the transaction. (NASDAQ:SND) (the “Company”) announced today that it acquired the rights to operate a unit train capable transloading terminal in Van Hook, North Dakota to service the Bakken Formation. Stanton is a short drive to Williston, Dickinson, Minot, and Bismarck/Mandan.THE WOODLANDS, Texas, Ma(GLOBE NEWSWIRE) - Smart Sand, Inc. Operations are located in Stanton, North Dakota, which is at the edge of the Bakken formation, conveniently removed from highway traffic congestion. Loading pneumatic trucks with throughput times of 10-12 minutes.Recognition as the cleanest and best-maintained facility in the area.Minimal product variances or contamination.Our 160 acres of property allow for additional short-term storage of bagged product.
We also store 20,000,000 pounds of product in 36 silos and utilize 6,000+ feet of rail track served by BNSF Railroad. Current indoor capacity is for 3,000 bags of product and 16,000,000 pounds of bulk product. We have the ability to unload box cars, hopper cars, gondolas, and flat cars.ĭakota Transload operates from a 52,000+ square-foot enclosed facility. Dakota Transload, Inc., was established in 2012 as a family-owned business positioned to efficiently transload ceramic proppant and other oilfield service products.
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