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BMC Releases Economical Resin-Coated Proppant

Badger Mining Corp. (BMC) released Atlas CRC-One, a new resin-coated proppant under its BadgerCoated line that is “the ultimate in economical solutions for proppant flowback prevention in moderate temperature reservoirs,” according to the company. CRC-One’s exclusive resin complex offers protection from harsh well conditions and reduces or eliminates fines migration in the fracture, all without sacrificing strength or conductivity.

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Claim Post Financial Offering to Benefit Seymoursville Project

Claim Post Resources Inc. announced that it intends to conduct a non-brokered private placement of unsecured convertible debentures for total gross proceeds of up to $3 million at a price of $1,000 and integral multiples thereof per Debenture, the company said.

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Smart Sand revenues Jump 141 Percent

Smart Sand, Inc. announced results for the first quarter ended March 31, 2017. “Smart Sand had a strong first quarter, substantially increasing our sales volume sequentially and year over year,” stated Charles Young, chief executive officer. “We believe this is evidence that oil and gas industry activity is continuing to improve and demand for frac sand is continuing to increase. As a result of the increased market demand for our high quality, finer mesh Northern White frac sand, we have decided to move forward with an expansion to 5.5 million tons of nameplate annual capacity by year-end. We also believe there are cost efficiencies we can realize as the result of building two dry plants and a wet plant in an integrated design. While our primary focus remains on growing our Oakdale facility and enhancing its logistics and operational capabilities, we will continue to explore regional sand, in-basin transloads and last mile logistical opportunities. We believe that as we operate near full-capacity, we will see cost improvements and pricing increases which will help us in continuing to deliver strong financial results for our investors.”

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