North America Frac Sands, Inc. is a development st
Post# of 20
Posted On: 01/13/2016 12:04:11 AM
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 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.
Development permits have been approved, the process engineering has been completed and the plant design has been configured. The building and plant quote has been completed for year round production while NAFS’s competitors can only operate for seven (7) months of the year.
The site location is in the middle of a large and growing market where customers are within a 120 to 400 mile radius of the plant. As a result, customers can collect the product at the plant gate and avoid the need to package and transport the product to market.
http://www.nafsinc.ca/overview
Over the past seven 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.
Development permits have been approved, the process engineering has been completed and the plant design has been configured. The building and plant quote has been completed for year round production while NAFS’s competitors can only operate for seven (7) months of the year.
The site location is in the middle of a large and growing market where customers are within a 120 to 400 mile radius of the plant. As a result, customers can collect the product at the plant gate and avoid the need to package and transport the product to market.
http://www.nafsinc.ca/overview
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