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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.


NYSE:NI - Post by User

Bullboard Posts
Post by howlongon Oct 20, 2017 11:01pm
112 Views
Post# 26839903

Frac sand plant update

Frac sand plant update
victory nickel announced that they updated their frac sand plant with the following press release. Toronto, October 19, 2017 Victory Nickel Inc. (Victory Nickel or the Company) (CSE: NI, www.victorynickel.ca) today announced that it has completed the previously-announced refurbishment of its frac sand wash plant at the Seven Persons plant near Medicine Hat, Alberta (see news release dated August 16, 2017). The refurbishment of the wet plant compliments the existing 500,000 ton per year dry plant at Seven Persons that has been processing Northern White frac sand imported from Wisconsin since early 2014. We are pleased to announce that the wash plant project is now complete and the plant is operational, said Ken Murdock, CEO of Victory Nickel subsidiary Victory Silica Ltd. (Victory Silica). Having the wash plant up and running gives us greater flexibility. Not only do we have the ability to immediately wash and sell an additional 20,000 tons of Northern White Wisconsin frac sand that was spilled as a natural outcome of production and requires re-washing, but going forward we will be able to better manage our imported sand inventory and also look to expand our product offerings through the sale of Canadian domestic frac sand as market conditions warrant.
Bullboard Posts