Atlas Energy Solutions has filed a notice of an exempt offering of securities to raise $175,000,005.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Atlas Energy Solutions is raising up to $175,000,005.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, John Turner played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Atlas Energy Solutions
Founded organically by Permian operators, Atlas provides the Oil & Gas industry access to the largest, highest quality frac sand reserves in West Texas. This local sand advantage will reduce well costs and remove the risk of delayed or lost delivery associated with long distance transportation. Atlas has expansive reserves on both ends of the West Texas sand play with the large open Kermit Dune position to the north and the giant open Monahans Dune position to the south. This gives Atlas the unique ability to be the closest local sand provider to more wellheads than any of its counterparts. Atlas is excited to further competitively differentiate the already dominant Permian advantage by pairing our local high quality sand with the very best reservoirs and operators in the business. Atlas Sand designed its state-of-the-art frac sand plants with redundancy and flexibility to greatly reduce down time allowing Atlas to reliably and consistently produce more tons per year with less stress on our equipment and our employees.
To learn more about Atlas Energy Solutions, visit http://atlas.energy/
Contact:
John Turner, President and Chief Executive Officer
512-220-1200
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