Project Description

About Ferus

Ferus Inc, headquartered in Calgary, AB and Houston, TX, is privately held by The Energy & Minerals Group, and includes three innovative, pioneering and adaptive businesses focused on leadership and “finding better ways” in their respective industries and markets. Ferus started as a cryogenics well site solutions company focused on helping their customers increase production, decrease costs, and decrease their environmental footprint by using CO2 and N2 in their completions operations. The company is expanding its platform to provide other completion products, including frac sand while utilizing the same logistical expertise that delivers product direct to the well site. Their dedicated team of technical professionals, sales representatives, field specialists, transportation and logistics crews are here to help you get more from your operations.

Service and experience go hand-in-hand. Producing liquid carbon dioxide, liquid nitrogen and providing sand for fracturing operations is only half of the equation. Their real advantage lies in how they deliver these products to their customers – safely and reliably to challenging and remote locations.

Ferus

Amount:  $25.0 Million

Type:  Senior Secured Term Loan

Purpose:  Recapitalization

Head Office:  Calgary, Alberta

Ownership:  Private

Date:  June 2017

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