CARBO Ceramics Inc. (NYSE:CRR) Files An 8-K Regulation FD Disclosure

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CARBO Ceramics Inc. (NYSE:CRR) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure

As reported in our Form 8-K filed on July 27, 2017, subsidiaries of the Company, Carbo Ceramics (Mauritius) Inc. and Carbo LLC entered into a Share Purchase Agreement with Petro Welt Technologies AG and PeWeTe Evolution Limited to sell the Company’s Russia proppant business.The transaction received local regulatory approval and closed on September 21, 2017.

Item 7.01. Other Events

As reported in our Form 8-K filed on July 27, 2017, subsidiaries of the Company, Carbo Ceramics (Mauritius) Inc. and Carbo LLC entered into a Share Purchase Agreement with Petro Welt Technologies AG and PeWeTe Evolution Limited to sell the Company’s Russia proppant business.The transaction received local regulatory approval and closed on September 21, 2017.


About CARBO Ceramics Inc. (NYSE:CRR)

Carbo Ceramics Inc. is an oilfield services technology company. The Company supplies ceramic proppant. The Company also sells sand and resin-coated proppants. Additionally, it provides fracture simulation software, fracture design and consulting services, and a range of technologies for spill prevention, containment and related countermeasures. Its products and services are used in the hydraulic fracturing of natural gas and oil wells. It manufactures various ceramic proppants, including KRYPTOSPHERETM HD, which is a ceramic proppant engineered to deliver conductivity and durability in closure stress wells; KRYPTOSPHERE LD, which is a lower density proppant compared to KRYPTOSPHERE HD; CARBOHSP and CARBOPROP, which are high and intermediate density ceramic proppants, and CARBOLITE, CARBOECONOPROP and CARBOHYDROPROP, which are low-density ceramic proppants. It offers CARBO NORTHERN WHITE, which is a frac sand; CARBONRT, a detectable proppant, and SCALEGUARD, a porous ceramic proppant.