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Fracking Bill Moves Forward In Florida

According to Channel 10 News, Tampa Bay, Fla., a bill that would create regulations for fracking was approved by a Florida House committee despite strong opposition from environmentalists who said the method of oil and gas drilling could contaminate drinking water and cause health problems.

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Dakota Plains Has Busy Third Quarter

Dakota Plains noted in its third-quarter report, that frac sand transloading volumes were 141,000 tons, an increase of approximately 102 percent compared to the third quarter of 2014. The company benefitted from its first full quarter of in-house operations at the Pioneer Terminal, materially reducing operating costs. Revenue from transloading frac sand was $1.0 million compared to $0.6 million in the third quarter 2014.

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Victory Nickel Has Down Third Quarter

Victory Nickel Inc. reported financial results for the three- and nine-month periods ended Sept. 30, 2015. Effective Oct. 1, 2014, the company changed its functional currency and presentation currency to the United States dollar from the Canadian dollar.

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U.S. Silica Revenues Down in Third Quarter

U.S. Silica Holdings Inc. announced net income of $2.4 million or $0.05 per basic share and $0.04 per diluted share for the third quarter ended Sept. 30, 2015, compared with net income of $41.3 million or $0.77 per basic share and $0.76 per diluted share for the third quarter of 2014.

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