NiSource Inc T.NI

Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.

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NiSource Inc

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Comment by Valkerieon Mar 24, 2014 1:20pm

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Post# 22359778

RE:RE:RE:RE:RE:RE:Canadian Frac Sand Summit,and Ken Murdock is a guest speaker

philb316 wrote:
Re sales, to my knowledge there has been no mention of sales. The only inference is in this video about the 5:25 mark (maybe a bit later).

https://www.sunnewsnetwork.ca/video/search/Lackey/natural-gas-opportunities/3292319838001

Someone correct me if there has been anything else re sales.

https://www.victorynickel.ca/news/

Mar 21, 2014 - 09:47 AM ET Victory Nickel Provides Update on Commissioning of Seven Persons Frac Sand Plant TORONTO, ONTARIO--(Marketwired - March 21, 2014) - Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX:NI) today provided an update on the commissioning process that is currently underway at its 500,000 ton-per-year (TPY) Seven Persons frac sand plant (the "7P Plant") near Medicine Hat, Alberta. Further to the Company's news release of March 19, commissioning of the 7P Plant is progressing well. The commissioning process involves introducing washed premium-quality Jordan Formation sand from inventory stored at the 7P Plant into the newly-built drying and screening facility in order to perform the necessary tests and inspections to ensure that the 7P Plant is operating at specified performance levels. The 7P Plant is currently producing at an annualized rate of 182,000 tons; the ramp-up to full production at an annualized rate of 500,000 is expected to be complete by mid-year as additional staff is hired to operate the 7P Plant on a seven-day-per-week, 20-hour-per-day basis. "Plant throughput is steadily increasing as we work through any minor equipment debugging issues, and thus far results have met our expectations," said Victory Silica CEO Ken Murdock. "Not only does the commissioning process enable us to optimize operation of the plant, but also allows us to build finished-sand inventory in advance of sales to ensure the availability of finished 16/30, 20/40, 30/50 and 40/70 frac sand to our customers."

I just re-read this and the last line says it all.

" build finished-sand inventory in advance of sales ."

I read that as no sales yet.

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