Company to Participate in Johnson Rice 2017 Energy Conference on
September 26
ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSE: PUMP) today
announced accelerated deployment of its new build hydraulic fracturing
fleet.
The Company’s 15th fleet (45,000 hydraulic horsepower
(“HHP”)) was put into active service for a ProPetro customer on
September 25, 2017 and the Company’s 16th fleet (45,000 HHP)
is now expected to be deployed in the middle of the fourth quarter 2017.
ProPetro previously expected the 15th and 16th
fleets to commence operations by the middle and end of the fourth
quarter 2017, respectively. As a result, the Company anticipates exiting
the third quarter 2017 with total active capacity of 645,000 HHP and
ending the year with 690,000 HHP.
Separately, ProPetro announced that it will present at the Johnson Rice
& Company 2017 Energy Conference in New Orleans, Louisiana starting at
12:30 p.m. CT on Tuesday, September 26, 2017. A link to the webcast and
presentation is available on ProPetro’s website at www.propetroservices.com.
About ProPetro
ProPetro Holding Corp. is a Midland, Texas-based oilfield services
company providing pressure pumping and other complementary services to
leading upstream oil and gas companies engaged in the exploration and
production of North American unconventional oil and natural gas
resources.
Forward-Looking Statements
The information above includes forward-looking statements within the
meaning of the Securities Act of 1933 and the Securities Exchange Act of
1934. These forward-looking statements are subject to certain risks,
uncertainties and assumptions identified above or as disclosed from time
to time in the Company’s filings with the Securities and Exchange
Commission. As a result of these factors, actual results may differ
materially from those indicated or implied by such forward-looking
statements.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170925006477/en/
Copyright Business Wire 2017
Source: Business Wire
(September 25, 2017 - 5:04 PM EDT)
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