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Last $0.06 USD
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As of 4:30 PM 01/8/15 All times are local (Market data is delayed by at least 15 minutes).

select sands corp (CLICF) Key Developments

Select Sands Corp. Announces Drilling Update on its Sandtown Project in Northeast Arkansas

Select Sands Corp. announced the progress on the resource definition in-fill drilling program at its Sandtown project in Northeast Arkansas, USA. Seven drill holes completed out of 20 planned drill holes. Drill hole P-07 intersected 110 feet (ft.) or 33.5 metres (m) of potential frac sand, ending in the zone (drill limits reached). Six of seven holes intersected potential frac sand intervals, averaging 68 feet (20.7 metres). Seven holes reported cover an area of 3,937 ft. by 984 ft. (1,200 m by 300 m) -- Current drilling is focused on the northern half of the 530-acres property. Seven drill holes have been completed, six of which intersected thick zones of the St. Peter Sandstone (SST) formation. The St. Peter SST is host to Tier-1 frac sand deposits, a necessary mineral used in the extraction of shale oil/gas. Holes are being drilled at approximately 600 ft (183 m) centres over an area of 3,937 ft. by 984 ft. (1,200m by 300m).

Select Sands Corp. Announces the Results of Drill Hole ST14-02

Select Sands Corp. announced the results of drill hole ST14-02 (0-32 feet). Stim-Lab analysed two grades of 40/70 mesh and 100 mesh. The Sieve Analysis of Submitted Proppant Samples is as follows: 5.1 % as 20/40, 15.1 % as 30/50, 32.7% as 40/70 and 56.6 % as 100 mesh. Measurement of Properties of Proppants are following: Sphericity =0.8, Roundness =0.8, acid solubility 0.7%, turbidity 11NTU. The "Proppant Crush-Resistance Test" (K-Value) of 40/70 crush at 10,000 PSI generating 9.9 % fines equating to 10K for 40/70 mesh; 70/140 (100 mesh) crush at 10,000 PSI generated 9.4% fines resulting in 10K crush for 100 mesh as well. XRD results indicate 99% quartz, trace of K-feldspar, trace Calcite, less than 1% clays and less than 1% Illite. The bulk density is 1.47 g/cm3. Proppant properties are defined as per the ISO 13503-2:2006/API RP 19C recommended practice for measurement of properties of proppants used in hydraulic fracturing and gravel-packing operations. These properties include sand sphericity and roundness, crush (K value), acid solubility, turbidity, and SiO2 (silicon dioxide) content. The company announced the start of an infill drill program to delineate resources. There are about 13 drill holes planned in the phase 2 drill programs. Phase 1 drilling is complete and the results are very favorable to take the next step of the infill drill program. The phase 2 in-fill drill program is anticipated to start February 20, 2015.

Select Sands Corp. Announces Executive Changes

Select Sands Corp. announced the appointment of Mr. Darren Urquhart as Chief Financial Officer of the company. Mr. Urquhart is a Chartered Accountant and a Member of the Institute of Chartered Accountants of British Columbia since 2001. Mr. Urquhart will be replacing Larry Johnson as CFO.

Select Sands Corp. Provides Update on Drill Program on Sandtown Frac Sand Property

Select Sands Corp. provided an update on its ongoing drill program on its Sandtown Frac Sand property located in northeast Arkansas, USA. The property is underlain by the Ordovician St. Peter sandstone formation, which is the source of 'Ottawa White' frac sand selling into the major US oil and gas plays. There are several surface outcrop exposures of the St. Peter sandstone unit on the property. The Sandtown property is located 3.1 miles from Highway 167, has an active power line on the property, and is about 14.7 miles away from the nearest rail system. Recent studies suggest that the demand for fine grade sands (particularly 100 Mesh) will continue to increase due to weather-related logistical challenges and unexpectedly high requirements stemming from changes to fracking design. The sandstone at the Property is considered to be of finer mesh than anticipated based on the visual inspection from the current drilling. Select Sands has drilled three diamond drill holes and is currently drilling the fourth. Drill hole ST14-03, 960 m to the east of the ST14-01 and ST14-02, intersected 80 feet (ft.) of St. Peter sandstone formation (the target zone) from surface. The first two drill holes (ST14-01 and ST14-02) drilled 28 ft. and 34 ft. of the St. Peter sandstone respectively. These drill holes were not completed to depth due to mechanical issue, but both holes ended in sandstone and remain open to depth. The phase one reconnaissance drill program will test the depth and thickness of the sandstone and will provide an initial indication of mesh size of the frac sand on the Property. The company will test the properties of frac sand as per the ISO 13503-2:2006/API RP 19C Recommended Practice for Measurement of Properties of Proppants Used in Hydraulic Fracturing and Gravel-packing Operations. These properties include sand sphericity and roundness, crush (K Value), acid solubility, turbidity, and SiO2% content.

Select Sands Corp. Appoints Zig Vitols to the Board of Directors; Announces the Commencement of Drill Program on its Sandtown Property in Northeast Arkansas

Select Sands Corp. announced that Mr. Zigurds R. 'Zig' Vitols has joined the company's Board of Directors. Mr. Vitols has served as the President, Mid-South Division, of Martin Marietta Material Inc. Martin Marietta, and a member of the S&P 500 Index. Mr. Vitols will be replacing Leonard Jaroszuk, who has resigned from the company's board. The company also announced the commencement of a drill program on its Sandtown property in Northeast Arkansas, USA. The property is underlain by the Ordovician St. Peter sandstone formation, which is the source of 'Northern White' frac sand selling into the major US oil and gas plays. There are several surface outcrop exposures of the St. Peter sandstone unit on the Property. The property sits 3.1 miles from a highway, has an active power line, and a rail system runs about 14.7 miles away. The phase one /reconnaissance drill program will test the depth /thickness of the sandstone and will determine the grade i.e. mesh sizes of the frac sand. The company will test the properties of frac sand as per the ISO 13503-2:2006/API RP 19C Recommended Practice for Measurement of Properties of Proppants Used in Hydraulic Fracturing and Gravel-packing Operations. These properties include sand sphericity and roundness, crush (K Value), acid solubility, turbidity and SiO2% content.

 

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