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Select Sands Corp V.SNS

Alternate Symbol(s):  SLSDF

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.


TSXV:SNS - Post by User

Post by developbcon Mar 09, 2022 4:28pm
175 Views
Post# 34500874

U.S. Energy Secretary urges companies to boost oil, gas outp

U.S. Energy Secretary urges companies to boost oil, gas outpShould bode extremely well for SNS as there definitely will be increased in frac sand demand

As posted by @midard

U.S. Energy Secretary urges companies to boost oil, gas output. HOUSTON — Any oil and gas companies that can increase supply should do so quickly due to the growing energy crisis following Russia’s invasion of Ukraine, U.S. Energy Secretary Jennifer Granholm said in Houston on Wednesday. “In this moment of crisis we need more supply,” Granholm told attendees at the CERAWeek energy conference in Houston. “Right now we need oil and gas production to rise to meet current demand.”
 
Granholm said President Joe Biden’s administration wants to act as a partner with the energy industry, which has complained about the White House’s push to hasten the transition to a lower-carbon economy. On Tuesday, Biden banned Russian oil imports, a move that received some praise from several shale executives at CERAWeek in Houston. The White House had already imposed a series of sanctions on Russia that were affecting its vast oil-and-gas industry since it invaded Ukraine.
 
Granholm acknowledged that it was hard to balance the need for more oil and gas with the importance of the energy transition amid global warming. In recent days, Granholm and other U.S. officials have been more vocal about addressing the supply concerns as the administration has come under fire for rising fuel prices.
 
“We have to responsibly increase short-term supply where we can now to stabilize the market,” Granholm said.
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