压裂砂供应商 CARBO Ceramics Inc. 于 7 月 20 日摆脱破产保护，该公司新任命的首席执行官 Don Conkle 表示，“这是充满希望的新篇章的开始”。

CARBO 破产前后的贷款机构 Wilks Brothers LLC 同意接管这家位于休斯顿的公司，以换取其担保债务。此外，该公司还于 7 月 20 日宣布将自 2012 年以来一直在 CARBO 工作的行业资深人士 Conkle 晋升为首席执行官。他接替自 2006 年以来一直担任 CARBO 首席执行官的加里·科尔斯塔德 (Gary Kolstad)。

“这是一个关键的里程碑，也是 CARBO 充满希望的新篇章的开始，”康克尔在一份声明中表示。“我们开始重组过程的明确目标是加强我们的资本结构，以使 CARBO 能够在未来取得成功，我们已经做到了这一点。”

CARBO Ceramics 于 3 月底根据美国破产法第 11 章申请破产保护，作为与贷方 Wilks Brothers 和 Equity Financial LLC 达成的重组协议的一部分，以平衡 CARBO 的债务。

威尔克斯兄弟是一家私营企业，总部位于德克萨斯州思科，由丹·霍华德·威尔克斯 (Dan Howard Wilks) 和法里斯·卡伦·威尔克斯 (Farris Cullen Wilks) 兄弟领导。

作为重组的一部分，Wilks Brothers 承诺提供 1500 万美元的债务人占有 (DIP) 融资，并同意使用其现金抵押品来增强 CARBO 的财务状况。重组完成后，CARBO 已将 DIP 融资转换为 1500 万美元的退出融资。 

Wilks Brothers 高级副总裁 Justin Wilks 在一份评论此次成功重组的声明中表示：“我们期待最大限度地发挥 CARBO 的潜力并释放战略增长的机会。”

根据该公司发布的消息，CARBO 破产后的运营战略将继续专注于为石油和天然气以及工业市场提供产品和服务。

Conkle 于 2012 年加入 CARBO，担任销售和营销副总裁。公司新闻稿称，他拥有 34 年的领导和行业经验。

Vinson & Elkins LLP、Perella Weinberg Partners LP（连同其企业咨询附属公司，包括 Tudor Pickering Holt & Co.）和 FTI Consulting Inc. 在破产程序期间为 CARBO 提供了咨询服务。

Frac sand supplier CARBO Ceramics Inc. emerged from bankruptcy on July 20 at “the start of a promising new chapter,” said the company’s newly appointed CEO, Don Conkle.

CARBO’s pre- and post-bankruptcy lender Wilks Brothers LLC agreed to take over the Houston-based company in exchange for its secured debt. Additionally, the company announced the promotion of Conkle, an industry veteran who has been with CARBO since 2012, to CEO on July 20. He replaces Gary Kolstad, who had served as CARBO CEO since 2006.

“This is a pivotal milestone and the start of a promising new chapter for CARBO,” Conkle said in a statement. “We began our restructuring process with the clear goal of strengthening our capital structure to best position CARBO to succeed in the future—which we have accomplished.”

CARBO Ceramics filed for Chapter 11 bankruptcy protection in late March as part a restructuring agreement with lenders Wilks Brothers and Equity Financial LLC to equitize CARBO’s debt.

Wilks Brothers is a privately held business headquartered in Cisco, Texas, led by brothers Dan Howard Wilks and Farris Cullen Wilks.

As part of the restructuring, Wilks Brothers committed to providing $15 million in debtor-in-possession (DIP) financing and consented to the use of its cash collateral to bolster CARBO’s financial position. Upon completion of the restructuring, CARBO has converted the DIP facility into a $15 million exit facility. 

In a statement commenting on the successful restructuring, Justin Wilks, senior vice president of the Wilks Brothers, said: “We look forward to maximizing CARBO's potential and unlocking opportunities for strategic growth.”

CARBO’s operating strategy following bankruptcy will continue to be focused on providing products and services to the oil and gas and industrial markets, according to the company release.

Conkle joined the CARBO in 2012 as the vice president of sales and marketing. He has 34 years of leadership and industry experience, the company release said.

CARBO was advised during the bankruptcy process by Vinson & Elkins LLP, Perella Weinberg Partners LP (together with its corporate advisory affiliates including Tudor Pickering Holt & Co.) and FTI Consulting Inc.