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A frac sand crash in St. Charles splits investors

  • Blog Post by: Tony Kennedy
  • March 14, 2013 - 11:33 AM

The collapse of a major frac sand proposal in Winona County has caused a split among investors in the project, with one faction pulling out in frustration over Minnesota’s anti-frac sand sentiment.

“Me and my partners split up. They went to Wisconsin,” said Rick Frick, one of two remaining principals in Minnesota Proppant LLC. “Were they fed up? Yes, that had a lot to do with it.”

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