Tuesday, July 1, 2025

CARBO Ceramics Announces Agreement with Wilks Brothers to Acquire Business and Strengthen Financial Position

HOUSTON, March 29, 2020 /PRNewswire/ — CARBO Ceramics Inc. (“CARBO” or “the Company”) today announced that it has reached an agreement with Wilks Brothers, LLC and Equify Financial, LLC (together, the “Wilks Brothers”) under which the Wilks Brothers will acquire the Company through a debt-for-equity exchange pursuant to a plan of reorganization in a Chapter 11 bankruptcy case. To facilitate the agreement and