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Hi-Crush Partners Announces Settlement of Baker Hughes Lawsuit

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Hi-Crush Partners LP (NYSE: HCLP), or Hi-Crush, today announced that Hi-Crush Operating LLC, a wholly owned subsidiary of Hi-Crush, has reached an amicable settlement with Baker Hughes Oilfield Operations, Inc., or Baker Hughes (NYSE: BHI), in the previously disclosed litigation between the parties and have filed with the State District Court of Harris County, Texas a Joint Motion to Dismiss with Prejudice with respect to all claims and counterclaims asserted in the lawsuit.  In connection with the settlement, Hi-Crush and Baker Hughes have entered into a six-year supply agreement for the sale of Northern White frac sand by Hi-Crush to Baker Hughes. James Whipkey, Co-Chief Executive Officer of Hi-Crush, said, "We are very pleased to have amicably resolved this matter with Baker Hughes and to strengthen our relationship with them by entering into a six-year supply agreement.  We consider Baker Hughes a valuable partner as we continue to expand our market presence." About Hi-Crush Hi-Crush is an integrated producer, transporter, marketer and distributor of high-quality monocrystalline sand, a specialized mineral that is used as a "proppant" (frac sand) to enhance the recovery rates of hydrocarbons from

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