Houston, Texas - October 22, 2014 - Hi-Crush Partners LP (NYSE: HCLP), or Hi-Crush, announced today the appointment of Jeffery A. Johnson as Director of Environmental Compliance, with the responsibility for maintaining and administering the regulatory compliance programs for all Hi-Crush facilities.
Mr. Johnson brings more than fifteen years of experience, with the majority working within the environmental regulatory programs at the Wisconsin Department of Natural Resources. Mr. Johnson will have a senior leadership role in the continued development and implementation of Hi-Crush's environmental programs.
"Hi-Crush continues to be fully committed to operating in an environmentally responsible manner and strives not only to meet, but to exceed, environmental regulatory requirements in the communities where we operate," said Robert E. Rasmus, Co-Chief Executive Officer of Hi-Crush. "We are excited that Jeff has joined the Hi-Crush team and believe that Jeff's extensive experience and leadership in regulatory and environmental matters is a great fit for Hi-Crush as we continue to expand our operations."
Prior to joining Hi-Crush, Mr. Johnson held positions of increasing responsibility within the Wisconsin Department of Natural Resources. He most recently served as an Environmental Engineering Supervisor at the Department from 2008 to 2014, and as the Acting Deputy Director of the Bureau of Air Management from 2011 to 2012. Prior to this time, Mr. Johnson had served as an Air Management Engineer with the Department since 2000.
Hi-Crush is an integrated producer, transporter, marketer and distributor of high-quality monocrystalline sand, a specialized mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells. Our reserves, which are located in Wisconsin, consist of "Northern White" sand, a resource that exists predominately in Wisconsin and limited portions of the upper Midwest region of the United States. Hi-Crush owns and operates the largest distribution network in the Marcellus and Utica shales, and has distribution capabilities throughout North America. For more information, visit www.hicrushpartners.com.
Some of the information in this news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements give our current expectations, and contain projections of results of operations or of financial condition, or forecasts of future events. Words such as "may," "assume," "forecast," "position," "predict," "strategy," "expect," "intend," "plan," "estimate," "anticipate," "could," "believe," "project," "budget," "potential," or "continue," and similar expressions are used to identify forward-looking statements. They can be affected by assumptions used or by known or unknown risks or uncertainties. Consequently, no forward-looking statements can be guaranteed. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Hi-Crush's reports filed with the Securities and Exchange Commission ("SEC"), including those described under Item 1A of Hi-Crush's Form 10-K for the year ended December 31, 2013 and any subsequently filed 10-Q. Actual results may vary materially. You are cautioned not to place undue reliance on any forward-looking statements. You should also understand that it is not possible to predict or identify all such factors and should not consider the risk factors in our reports filed with the SEC or the following list to be a complete statement of all potential risks and uncertainties. Factors that could cause our actual results to differ materially from the results contemplated by such forward-looking statements include: the volume of frac sand we are able to sell; the price at which we are able to sell frac sand; the outcome of any pending litigation; changes in the price and availability of natural gas or electricity; changes in prevailing economic conditions; and difficulty collecting receivables. All forward-looking statements are expressly qualified in their entirety by the foregoing cautionary statements. Hi-Crush's forward-looking statements speak only as of the date made and Hi-Crush undertakes no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Hi-Crush Partners LP