Source Energy Services Canada LP assumed all operations, distribution and sale of domestic frac sand at the Peace River mining facility from Canadian Silica Industries Inc. and Contractor’s Leasing Corp. (CSI).

Frac sand gets its name from its use in hydraulic fracturing, a method used to produce natural gas, natural gas liquids, and oil from unconventional sources such as shale.

The transaction adds important domestic frac sand supply to Source, which, along with Source’s supply of Northern White frac sand, enhances the company’s ability to serve its clients effectively and efficiently.

Norton Rose Fulbright (Calgary) acted as legal advisor to Source, with a team led by Kirk Litvenenko (Business Law) and supported by Michael Bolitho (Real Estate), Marlow Gereluk (Banking), Tom Collopy (Business Law), Alan Harvie (Business Law), Darren Hueppelsheuser (Tax), Christina Winger (Banking), and Tom Savery (Business Law).

Fasken Martineau DuMoulin LLP served as legal advisors to CSI, with a team led by Scott Whitby (Business Law), with support from Larissa Svekla (Real Estate), Allison Sears (Regulatory), Andrew Dixon (Employment), Clarke Barnes (Tax) and Andrew Burt (Banking).