Mammoth Energy Services is to expand through the acquisition of silica sand manufacturer Taylor Frac and 7 million oil field service companies. Oklahoma-based Mammoth Energy will issue two common shares, based on pro-rata ownership of the acquired firms, as part of the all-stock deal worth a total consideration of $133.8m.
Mammoth Energy Services is to expand through the acquisition of silica sand manufacturer Taylor Frac and two oil field service companies. Oklahoma-based Mammoth Energy will issue 7 million common shares, based on pro-rata ownership of the acquired firms, as part of the all-stock deal worth a total consideration of $133.8m.