Select Sands Corp V.SNS

Proppant type has been the culprit all along

[Nikm10]

Well Decline rates of up to 75%? How could this be? They said it would be max 30%

Called it years ago, they went for the cheap brown stuff and now they are reaping what they've sown, if you want a reason to buy SNS now this is the article to read:


https://www.prnewswire.com/news-releases/northern-white-sand-consortium-rystad-energy-study-links-sand-proppant-type-to-decreased-oil--gas-production-and-profitability-301085449.html

[developbc]

Yes texas brown sand caused great fear for many including myself. The most frustrating part was early reports about the inferior sand to our premium white showed it could be detrimental to the drill machinery yet the greed at the time continued to buy/use it.  This should finally bode very well for SNS .  Imho could go gang busters as Biden admin wants to eventually ban fracking but

[developbc]

Completely forgot to mention one very important thing.  With the Keystone XL pipeline cancelled by Biden....this will bode very well demand of premium frac sand.  Select Sands should do very well in 2021.