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Resources round-up: Quadrise Intl, Angel Mining, Solo Oil

Tue, 28th Aug 2012 15:10

Quadrise International, a manufacturer and supplier of emulsion fuels, has successfully developed an enhanced version of its MSAR fuel and has formed an agreement with Orlen Lietuva to proceed with the fuel manufacturing and assessment programme with the Mærsk test vessel. The results of the evaluation programme are expected before the end of 2012 and will complete the research and development phase of the programme before it enters the commercial phase in mid-2013. Angel Mining has received a permit from the Bureau of Minerals & Petroleum enabling it to mine the high grade pillars at the Nalunaq gold mine in Southern Greenland. The pillars are estimated to contain 30,000 tonnes of recoverable ore at an expected average grade of 18 grams per tonne and is expected to underpin the level of gold production for the next year or more. Production is expected to begin around mid-September, with production levels expected to reach around 1,500 oz per month from a single gold pour. Solo Oil has begun full-scale oil production at the Ausable Field in South Western Ontario, Canada, where two of the four well have now been put on line. The field has total liquids potential of 275 barrels of oil per day (boepd) which has been calculated based on the current gas cycling rate of 236 thousand cubic feet per day. Solo has maintained its expectation of reaching a rate of 500 boepd by the end of the current year. NR
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20 Nov 2020 16:03

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26 Oct 2020 14:38

IN BRIEF: Quadrise Fuels To Test Fuel Technology On Industrial Scale

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20 Oct 2020 16:02

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6 Oct 2020 15:51

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5 Oct 2020 14:12

IN BRIEF: Quadrise Loss Widens; Extends Operation With Current Funds

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28 Sep 2020 16:04

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7 Sep 2020 18:01

IN BRIEF: Quadrise Fuels Lauds MSAR's Numerous Opportunities

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18 Aug 2020 11:08

Quadrise Fuels Enters Commercial Trial Agreement With TomCo And Valkor

Quadrise Fuels Enters Commercial Trial Agreement With TomCo And Valkor

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19 Jun 2020 10:55

TomCo Energy Cancels GBP1.5 Million Capital Raise, Revises Valkor JV

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17 Jun 2020 16:11

IN BRIEF: Quadrise Says MSAR Talks With Valkor "Progressing Well"

IN BRIEF: Quadrise Says MSAR Talks With Valkor "Progressing Well"

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17 Jun 2020 11:56

TomCo Energy Raises GBP1.5 Million For New Utah Joint Venture

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17 Jun 2020 11:49

No rights granted for MSAR in Utah, says Quadrise

(Sharecast News) - Quadrise Fuels International refuted an announcement from TomCo Energy on Wednesday, after the latter referred to the right to an exclusive licence for the use of Quadrise's 'MSAR' technology in Utah.

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1 May 2020 16:32

Quadrise Fuels extends cash runway as oil prices languish

(Sharecast News) - Quadrise Fuels International said on Friday that, following the adoption of "proactive measures" in early March to protect its employees and business in the face of the Covid-19 coronavirus pandemic, it had continued to make progress in its business development and research activities.

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