September 24, 2017 11:29 AM ET

Energy Equipment and Services

Company Overview of Preferred Proppants, LLC

Company Overview

Preferred Proppants, LLC provides sand-based proppant solutions to the oil and gas industry. It offers natural sands; FloPRO PTT, a proppant transport technology designed for proppant distribution and production; Polymeric Proppants, a suite of resin-coated sand products that are designed to enhance the characteristics of raw sand by reducing proppant flow back at the wellbore; and DustPRO, a dust prevention technology designed to reduce airborne particles during all sand transfer points. It also offers its products for industrial sand applications, including glassmaking, foundry, water filtration, building products, and sports and recreation industries. Preferred Proppants, LLC was founded ...

One Radnor Corporate Center

Suite 101

100 Matsonford Road

Radnor, PA 19087

United States

Founded in 2007

Phone:

610-834-1969

Fax:

484-684-1296

Key Executives for Preferred Proppants, LLC

Founder & CEO
Age: 54
President & COO
Chief Financial Officer
Age: 45
General Counsel
Age: 42
Vice President of Human Resources
Compensation as of Fiscal Year 2017.

Preferred Proppants, LLC Key Developments

Preferred Sands, Inc. Appoints David S. King to Board of Directors

Preferred Proppants, LLC announced that it has appointed David S. King to its Board of Directors. Mr. King, who currently serves as a member of the Investment Committee for Sheridan Production Company, LLC, which oversees investment decisions and strategic planning.

Preferred Sands Announces New Appointments

Preferred Sands announced that it is expanding its services in the Canadian market. Preferred's added focus on the Canadian market will provide customers with greater access to innovative and sustainable technologies at the lowest distribution cost possible. To lead the charge, Preferred hired industry veteran Neil Garritty as Director of Sales, Canada, and Todd Fedoruk as Regional Sales Manager, Canadian Basins. Garritty joins Preferred Sands with more than 15 years of proven sales and management experience and a background in the oil and gas industry in Canada. His superior communication, negotiation and organizational skills and a demonstrated ability to sell at all organizational levels make him an excellent fit to service Preferred's growing Canadian presence. Joining Garritty will be Todd Fedoruk, a native of Redwater, Alberta. Prior to joining Preferred Sands, Fedoruk enjoyed a successful 10 year career in the National Hockey League (NHL) with the Philadelphia Flyers, Anaheim Ducks, Dallas Stars, Minnesota Wild, Arizona Coyotes, and Tampa Bay Lighting. Since retiring from the NHL, he's remained involved with the Philadelphia Flyers organization through the charitable arm of the franchise, Flyers Charities, and currently serves as president of the board of the Flyers alumni association.

Preferred Sands Introduces Heat as Latest Product in its Innovative Line of Polymeric Proppant Technologies

Preferred Sands introduced 'Heat' as the latest product in its innovative line of polymeric proppant technologies. 30/50 Heat, which scored 22K psi in standard ISO crush resistance testing, replaces the need for costly ceramics by providing a superior combination of strength and embedment resistance specifically in wells above 7K psi closure stress. Utilizing Preferred’s flexible Polymeric Proppant Technology, Heat minimizes embedment and maintains fracture width particularly in high clay content formations like the Appalachia. Due to the Polymeric Proppant’s superior bonding capabilities, Heat also ensures near-wellbore fracture consolidation in high-temperature basins such as the Haynesville. Recent well data provided by NavPort confirmed that Preferred Polymeric Proppants are an optimal fit for the Marcellus and Utica regions. The well data, which sampled high clay content wells from the Appalachia region, found that wells that used a Preferred Polymeric Proppant tail-in outperformed competing wells using Raw Sand at comparable vertical depths by more than 100%.

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