DebtWire Quotes Partner Timothy R. Lavender on Increased Fracking Business
May 23, 2014

Partner Timothy R. Lavender was quoted in the DebtWire article “Independent frack fleet providers benefit off oil & gas ramp-up.” The article discusses how the fracking fleet operators US Well Services and Platinum Energy Solutions have seen a huge uptick in capital markets activity off surging natural gas spot prices and improved production from oil and gas drillers. Mr. Lavender explained that better fracking equipment technology and an increased number of drilling opportunities in locations such as the Marcellus-Utica, Applachian, Haynesville and Eagle Ford shales continues to spur increased capex budgets among E&Ps such as Antero Resources and Marathon Oil.