This Week’s Market Buzz

Victory Nickel Inc. announced that it has sold its interest in a partnership created to trade in commodities for Canadian $430,766 less fees and costs of approximately $73,000. “This sale will provide some working capital while the oil and gas price recovers and drilling and the related consumption of frac sand returns,” said Rene Galipeau, CEO. “As mentioned in our…

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Halliburton; Eclipse Complete Longest Lateral Well in the U.S.

Halliburton announced that it worked with Eclipse Resources Corp. to complete hydraulic fracturing of the extended-reach lateral test well known as “Purple Hayes.” The Utica Shale well had a lateral length of more than 18,500 ft. and was completed with 124 frac stages in 24 days. The total depth was 27,046 ft., including the lateral extension which Eclipse believes is…

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First Look – July 2016

U.S. Concrete Makes New York AcquisitionU.S. Concrete Inc. has acquired the assets of NYCON Supply Corp., a ready-mixed concrete producer headquartered in the Long Island City neighborhood of Queens, N.Y. Mulzer Recognized for Commitment to Employee HealthCigna has selected Mulzer Crushed Stone Inc. as a winner of the annual Cigna Well-Being Regional Award for demonstrating a strong commitment to improving the health and wellness of…

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