Attached files

file filename
EX-99.1 - EXHIBIT - Hi-Crush Inc.exhibit991-pressrelease.htm


 
 
 
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
  _______________________________
Form 8-K
  _______________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 18, 2014
  _______________________________
Hi-Crush Partners LP
(Exact name of registrant as specified in its charter)
   _______________________________
 
Delaware
(State or other jurisdiction of incorporation)
 
 
 
 
001-35630
 
90-0840530
(Commission File Number)
 
(IRS Employer Identification No.)
 
 
Three Riverway
Suite 1550
Houston, Texas
 
77056
(Address of principal executive offices)
 
(Zip Code)
(713) 960-4777
(Registrant’s telephone number, including area code)
(Not Applicable)
(Former name or former address, if changed since last report)
 _______________________________ 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following (See General Instruction A.2 below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
 
 








Item 1.01. Entry Into Material Definitive Agreement

On June 18, 2014, Hi-Crush Operating LLC, a subsidiary of Hi-Crush Partners LP, a Delaware limited partnership (the “Partnership”), entered into a new purchase agreement with Halliburton Energy Services, Inc. (“Halliburton”), which amends and restates the existing supply agreements between the Partnership and its affiliates and Halliburton.  The new agreement increases the annual minimum committed volumes under the previous agreements, extends the term through December 31, 2018 and requires Halliburton to pay a specified price for a specified minimum volume of frac sand each month.  In addition, the new agreement provides for further significant increases in annual volumes dependent on Halliburton's aggregate annual demand for Northern White frac sand.

The Partnership intends to submit a FOIA Confidential Treatment Request to the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended, requesting that it be permitted to redact certain portions of the purchase agreement. The omitted material will be included in the request for confidential treatment. The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the purchase agreement, a redacted copy of which will be attached as an exhibit to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2014.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit Number
  
Exhibit Description
 
 
99.1
 
Press Release dated June 23, 2014 announcing long-term frac sand purchase agreement






SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
Hi-Crush Partners LP
 
 
 
 
 
 
 
 
 
 
 
By:
 
Hi-Crush GP LLC, its general partner
 
 
 
 
 
 
 
Date: June 23, 2014
 
 
 
By:
 
/s/ Laura C. Fulton
 
 
 
 
 
 
Laura C. Fulton
 
 
 
 
 
 
Chief Financial Officer






INDEX TO EXHIBITS
 
Exhibit Number
  
Exhibit Description
 
 
99.1
 
Press Release dated June 23, 2014 announcing long-term frac sand purchase agreement