SELLING SAND - Over-the-Counter!!

SELLING SAND - Over-the-Counter!!

Postby Oscar » Fri Feb 26, 2016 8:06 am

. . . . with its very own Conference!

= = = = =


Saskatchewan frack sand mine developer ordered cease traded
[ http://calgaryherald.com/business/energ ... ase-traded ]
Dan Healing, Calgary Herald Published on: February 24, 2016 | Last Updated: February 24, 2016 4:22 PM MST
QUOTE: "The company did not immediately respond to a request for comment."​
A Calgary company trying to develop a sand mine in Saskatchewan to supply the hydraulic fracturing industry has been ordered cease traded by the Alberta Securities Commission.
The regulator on Wednesday ordered a 15-day halt in all trading in securities and derivatives by North America Frac Sand, Inc., which is quoted for trading in the United States on the Over-the-Counter markets.
- - - SNIP - - -
Well completion companies use certain grades of sand to inject into fracked oil and gas wells to hold open the fractures and allow more petroleum to be extracted.


= = = = = =


ASC orders temporary trading halt against North America Frac Sand, Inc.
[ http://www.bizjournals.com/prnewswire/p ... 2/24/C7270 ]
Canada NewsWire CALGARY, Feb. 24, 2016
The Alberta Securities Commission (ASC) has issued a 15-day halt trade order that halts all trading in securities and derivatives by North America Frac Sand, Inc. (NAFS), which is quoted for trading in the United States on the Over-the-Counter markets. [ . . . . ]

= = = =

North America Frac Sand (NAFS)
[ http://www.nafsinc.ca/overview/ ]
Overview - Corporate Profile
NAFS (North America Frac Sands Inc.) is a development stage corporation which owns renewable land leases with the right to extract frac sand from substantial mineral deposits located in the Province of Saskatchewan, Canada. Frac sand is used as a proppant by the oil and gas industry to stimulate and increase the production of oil & natural gas from wells without which little or no production would be possible.
Over the past seven (7) years, NAFS has spent in excess of CDN$3.3 million in qualifying and quantifying the sand deposit. The processing and laboratory testing of sand samples indicates that the sand deposit meets the API standards for the industry. [ . . . ]

= = = = = =

The North American Frac Sand Exhibition & Conference 2016
[ http://www.frac-sand-conference.com/booking ]
19 - 20 April 2016
Minneapolis Convention Center
Minnesota, USA
Oscar
Site Admin
 
Posts: 8248
Joined: Wed May 03, 2006 3:23 pm

Return to FRACKING

Who is online

Users browsing this forum: No registered users and 2 guests