Nick Cook, Editor
Issue #311 | February 17, 2021
Our thoughts and prayers go out to those severely impacted by the freeze that has gripped much of the central U.S. Not only are businesses impacted, but millions of people are without power at a time when they need it most. I am sure because of this freeze, there is little in the way of frac sand news this week. Do your best to stay warm and we look forward to seeing you at the 6th Annual Frac Sand Industry Update on March 31!
And new, the news…
The biggest provider of oil and gas rigs to the U.S. shale patch is pushing a new pricing model as speedier drilling cuts into contractors’ revenue.
Permian oil production has plunged by as much as one million barrels a day as the coldest weather in 30 years brings havoc to a region that seldom faces frigid Arctic blasts.
In addition to purchasing the nickel deposits, Silver Elephant granted Victory Nickel the right of first refusal exercisable until December 31, 2023 with respect to the exploration of the sandstone resources for frac sand extraction at the Minago Project.
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