Washington: As the coronavirus pandemic and low oil prices walloped US frackers this spring, Texas billionaires Dan and Farris Wilks got a $35 million relief loan to help one of their fracking companies stay afloat.
At the same time, they were on a buying spree in the country’s oil patch.Since spring, businesses controlled by the Wilks brothers have hunted for deals among fracking firms going through bankruptcy and taken or increased stakes in at least six other companies, corporate filings show.
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