Hi-Crush Partners 1Q19 Credit Report

31 May 2019

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Hi-Crush Partners (HCLP) produces and transports monocrystalline sand, a specialized mineral used as a proppant during the well completion process in the
E&P industry.

Hi-Crush acquired the remaining 34% ownership interest in Proppant Logistics, which owns Pronghorn Logistics, in May 2019 for USD 3m in cash and 696k newly issued common units. The company previously purchased a 66% ownership interest in 4Q18.