Mammoth Energy Releases Additional Information Regarding Work Performed in Puerto Rico
OKLAHOMA CITY, June 08, 2021 (GLOBE NEWSWIRE) -- Mammoth Energy Services, Inc. (Mammoth or the Company) (NASDAQ:TUSK) today announced that it has posted to its website additional information addressing two documents recently released by the Federal Emergency Management Agency (FEMA) that relate to hurricane repair work performed by Cobra Acquisitions LLC (Cobra) in Puerto Rico.
- OKLAHOMA CITY, June 08, 2021 (GLOBE NEWSWIRE) -- Mammoth Energy Services, Inc. (Mammoth or the Company) (NASDAQ:TUSK) today announced that it has posted to its website additional information addressing two documents recently released by the Federal Emergency Management Agency (FEMA) that relate to hurricane repair work performed by Cobra Acquisitions LLC (Cobra) in Puerto Rico.
- FEMA released a Determination Memorandum dated May 26, 2021, related to the first of two contracts Cobra successfully performed for the Puerto Rico Electric Power Authority (PREPA).
- Arty Straehla, chief executive officer of Mammoth commented, Today, we release a fifth confirmation that the work performed by our subsidiary Cobra in Puerto Rico was both within the scope of the PREPA contract and was at a lower overall cost than other contractors on the island.
- The documentation continues to show that our team performed a difficult job in a difficult environment to save lives and aid the people of Puerto Rico in their time of need.