At press time, Brent crude fell 49 cents, or 0.6%, to $81.54 a barrel, while U.S. West Texas Intermediate (WTI) crude was down 77 cents, or 1%, to $78.69 a barrel.
Read MoreTag: Victory Silica
Victory Silica to Mine Canadian Land Resource
Victory Nickel Inc.’s subsidiary Victory Silica Ltd. has executed an agreement with Short Grass Ranches Ltd. giving the company the ability to mine frac sand from one of the owner’s properties. The initial term of the option is for five years with the ability to extend for additional five-year terms.
Read MoreVictory Nickel Has Down Third Quarter
Victory Nickel Inc. reported financial results for the three- and nine-month periods ended Sept. 30, 2015. Effective Oct. 1, 2014, the company changed its functional currency and presentation currency to the United States dollar from the Canadian dollar.
Read MoreVictory Silica Reports Fourth Quarter Results
Victory Nickel Inc. detailed new developments for its 100-percent-owned subsidiary, Victory Silica Ltd. Fourth quarter frac sand production was 47,515 tons, an increase of 21 percent over third quarter 2014 production, though still short of the potential of the company’s Seven Persons facility (7P) near Medicine Hat, Alberta, Canada, estimated at 114,384 tons for the quarter.
Read MoreVictory Nickel Commissions 7P Plant
Victory Nickel Inc. and its wholly-owned subsidiary Victory Silica Ltd. announced the successful completion of commissioning of its 500,000 tpy Seven Persons frac sand plant (7P Plant) near Medicine Hat, Alberta, Canada.
Read MoreCanadian Frac Sand Plant to Move Forward
Victory Nickel Inc. has received the required approval from the Alberta Energy Regulator to develop the 400,000 tpy Seven Persons frac sand processing facility just southwest of Medicine Hat, Alberta.
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