Rock Products

OCT 2014

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

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Page 17 of 67 ROCK products • OCTOBER 2014 16 Hydraulic fracturing is powering a boom in production that has made the United States the world's leading producer of oil. Fracking requires a proppant and the most efficient option is frac sand. The demand for frac sand is exploding. In fact, Morgan Stanley recently estimated a 96 percent increase in frac sand demand compared with just 76 percent of sand capacity growth. The demand is high and the supply is low, can you help fill it? How? Find out this and more at the Frac Sand Insider Confer‐ ence taking place Nov. 16‐18 in Pittsburgh. Learn from industry experts how you can take advantage of this ex‐ ploding demand. Frac Sand Insider features a comprehensive conference pro‐ gram including our keynote session, "Debunking the Myths of Hydraulic Fracturing and Why we have an Exciting Energy Fu‐ ture," presented by Greg Kozera, past president of the Virginia Oil and Gas Association and author of "Just the Fracks Ma'am, the Truth about Hydrofracking and the Next Great American Boom." Other topics include: • Frac Sand: View From the Stock Market. • Summary Report on Frac Sand in the United States. • Where in the United States is the naturally occurring Frac Sand? • Underground Sand? Yes, You Can! And many more. Register today for the Frac Sand Insider Conference. Use the code VIPATTENDEE and you'll receive $100 off your confer‐ ence admission. Frac Sand Demand Exploding Frac Sand Company Files Petition with Supreme Court Minerals Development & Supply Co. Inc. has filed a supplement to its Petition of Writ of Certiorari in the U.S. Supreme Court. This supplement will give the Supreme Court an opportunity to address whether the venue provisions of the Federal Arbitra‐ tion Act (FAA) can be procedurally applied in state court pro‐ ceedings, an issue that has been debated amongst legal scholars for years but has yet to be decided by the nation's highest court. The 1984 Supreme Court, in the case of Southland Corp. v. Keat- ing, ruled that Section 2 of the FAA applied substantively in both federal and state courts and Sections 3 and 4 did not apply pro‐ cedurally in state court. Since that ruling, when the Supreme Court has decided cases regarding the FAA, Justices O'Connor, Rehnquist, Scalia and Thomas have all filed dissenting opinions expressing their view that Congress never intended for the FAA to apply substantively or procedurally in state courts. The case at issue involves Superior Silica Sands LLC's failed at‐ tempt to confirm a Florida arbitration award in federal court due to the lack of diversity. Superior then sought confirmation of the Florida award in Wisconsin state court pursuant to Sec‐ tion 9 of the FAA. Minerals Development & Supply challenged the state court's venue and jurisdiction based on the language of the FAA apply‐ ing exclusively in federal court. The state court ruled 9 U.S.C. 9 of the FAA is an "optional venue provision applying in both state and federal courts." The federal question was passed on by the Wisconsin Supreme Court allowing the U.S. Supreme Court the opportunity to decide this important federal matter concerning jurisdiction and bring clarity to the state and federal judiciary and the bar whether the procedural provisions of the Act apply in state courts. The Supplement to the Petition of Writ of Certiorari in the case of Minerals Development & Supply Co., Inc., et. al., v. Superior Sil- ica Sands, LLC, was filed on Sept. 11, 2014, Case No. 14‐94. Rangeland Signs Multi-Year Contract with Halliburton According to the Rangeland Reporter-Telegram, Rangeland En‐ ergy's RIO Hub under construction on 300 acres near Loving, N.M., has received a significant boost with an agreement with a major company. Halliburton has signed a multi‐year contract for Rangeland to provide frac sand rail unloading storage and distribution serv‐ ices in the Delaware Basin. Chris Keene, president and chief executive officer of the Sugar Land‐based company, said Halliburton was "the 1,600‐lb. go‐ rilla" that not only established, but validated Rangeland's con‐ cept for the RIO hub. "When I say Halliburton validated our strategy, I mean every‐ thing from drilling activity to sand demand and the location where we're building our hub. As in real estate, it's location, lo‐ cation, location," Keene said. Keene said Rangeland will be terminaling the vast majority of the frac sand for Halliburton in the area. In addition, he said the contract allows for expansion capabilities.

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