Iron Oak Energy Expands Permian Footprint with Acquisition of High Roller Sand

Annual production capacity grows to 34 million tons, including over 20 million tons in the Permian Basin

HOUSTON, April 2, 2025 /PRNewswire/ -- Iron Oak Energy Solutions LLC ("Iron Oak Energy"), a leading diversified proppant supplier in North America, announced today that it has acquired High Roller Sand ("High Roller"). High Roller operates a low-cost, premier facility in Winkler County, Texas within one of the highest-quality sand reserve deposits in the Permian Basin. The Permian Basin accounts for over half of the total proppant demand in the U.S. and continues to increase due to higher proppant intensity and longer lateral wells on multi-well pad developments. Strategically positioned, the High Roller facility enhances Iron Oak Energy's ability to serve the Midland and Delaware Basins. The facility annually produces up to four million tons of proppant for oil and gas operators throughout the region. With this acquisition, Iron Oak Energy now operates five large scale facilities across the Permian Basin: four in Winkler County, Texas and one in Crane County, Texas. 

"As leading operators continue to consolidate in the Permian Basin, the addition of High Roller increases our supply capabilities and enhances our network to better serve the growing needs of our customers," said Michael Segura, President and Chief Executive Officer of Iron Oak Energy. "This acquisition aligns with our disciplined growth plan to expand through additions of high quality and low-cost facilities that expand our reach and capabilities. Customers of both companies will benefit from our increased supply reliability and broader access to an expanded network of in-basin sand resources."

"We are excited to join the Iron Oak Energy team and look forward to providing our customers with more extensive options for a secure supply chain and providing our employees with diversified career growth opportunities," said Dave Frattaroli, Executive Vice President of High Roller.

In addition to its Permian Basin operations, Iron Oak Energy operates two top-tier in-basin facilities in the Eagle Ford Shale, located in Atascosa and Dimmit Counties, Texas. The Company also operates two northern white sand facilities in Wedron, Illinois and Tunnel City, Wisconsin. The northern white assets are integrated into Class 1 railroad systems with an extensive network of terminals to enable efficient delivery of products to major oil and natural gas shale plays throughout North America. Following the acquisition, Iron Oak Energy's total annual production capacity grows to 34 million tons, further establishing the company as a leading, diversified North American proppant producer.

About Iron Oak Energy

Iron Oak Energy is a leading diversified proppant provider in North America with nine active production facilities and the capability to supply every major shale basin across North America. The Company provides in-basin sand to operators from strategically positioned facilities in the Permian Basin and Eagle Ford Shale and supplies premium northern white sand to operators primarily in the Marcellus, Utica, Bakken, and DJ Basins. The Company is privately held and is backed by Anchorage Capital Advisors L.P., Golden Gate Capital, and NGP. Iron Oak Energy is headquartered in Houston, Texas with a regional office in Fort Worth, Texas. For more information, please visit www.ironoakenergy.com.

About High Roller Sand and High Roller Group

High Roller Sand has a state-of-the-art, hydraulic fracturing sand facility, located near Kermit, Texas. We are situated perfectly to use low traffic flow to the Northern Midland and Delaware Basins.

Our use of advanced technology for hydraulic fracturing sand production, delivery and service significantly increases efficiency in our production processes. The reduction of time for sand from plant to well pads also translates to time and cost efficiencies for the customer.

High Roller Sand is also committed to a safe eco-friendly environment.

www.highrollersand.com/

High Roller Group is an operational holding company that manages and provides venture capital to investments across multiple industry segments, with a primary focus concentrated toward energy, infrastructure, or industrial end markets. The company focuses on investing in high growth opportunities and generally partners with other owners or management to execute a given strategy.

www.highrollergroup.com/

Contacts
Iron Oak Energy Solutions
Media Relations
[email protected]

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SOURCE Iron Oak Energy Solutions