Claim Post Resources Inc. amended its Manigotagan Agreement with Gossan Resources Ltd. to provide an extension in the due date of a $430,000 payment for six months to Dec. 18, 2015, subject to interest at 1 percent per month, and a payment of 1,000,000 common shares of Claim Post, as well as an increase in the advance royalty provisions. The…
Read MoreDay: July 2, 2015
Rohr-Idreco Supplies Frac Sand Dredge
Rohr-Idreco has designed, built and installed an RISD400-M (16-in.) electric dredge for application in the frac sand mining industry.
Read MorePreferred Sands Touts Performance of its RCS Product
Preferred Sands announced that its Garnet resin-coated sand (RCS) product outperformed by approximately 90 percent the highest producing conventional resin available in the Permian Basin, based on a study sampling 2,099 horizontal wells in the Permian from January 2013 through December 2014.
Read MoreWestmoreland Coal Partners with Athabasca
Westmoreland Coal Co. through its Coal Valley Resources Inc. subsidiary, has entered into an agreement with Athabasca Minerals Inc. that will result in the production of aggregate from Westmoreland’s Obed Mountain Mine site.
Read MoreThis Week’s Market Buzz
Six-year-low crude oil prices may have decimated new drilling activity, but market indicators show there is a more intense use of frac sand in the new wells that remain in the Eagle Ford and other shale plays. A June 11 report from global investment bank Jefferies shows that overall demand for frac sand is down in 2015 due to low…
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