Select Sands Corp V.SNS

Alternate Symbol(s): SLSDF

Metals & Mining Industrial Metals & Minerals

Select Sands Corp. is a Canada-based industrial silica product company, which wholly owns a Tier-1 silica sands property and related production facilities located near Sandtown, Arkansas. The Company is engaged in mining its 520-acre site in Arkansas named the Sandtown quarry. The property is underlain by the Ordovician St. Peter sandstone formation, the source of industrial silica sand Ottawa White frac sand, selling into various United States oil and gas and industrial and specialty end markets. These properties include sand sphericity and roundness, crush (K Value), acid solubility, turbidity and silicon dioxide (SiO2) content. The Company is focused on developing this business to enable commercial silica sand sales to industrial and energy customers. Its Plant Reconfiguration Project includes installation of dry-process equipment at the Diaz Rail Facility.

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Select Sands Corp > Proppant type has been the culprit all along

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Post by Nikm10on Jan 23, 2021 8:44am

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Post# 32367396

Proppant type has been the culprit all along

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

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