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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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24 Sep 2018 11:31

Quadrise Fuels Narrows Annual Loss But Saudi Project Stalls

LONDON (Alliance News) - Quadrise Fuels International PLC on Monday said its loss narrowed in its most recent financial year by cutting expenses, but it was unable to develop its trial project in

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27 Jul 2018 09:59

Quadrise tells shareholders it's doing its best to develop business

(Sharecast News) - Quadrise Fuels International updated the market on its business development activities on Friday, following the signing of a memorandum of understanding with Freepoint Commodities, as announced on 18 July.

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27 Jul 2018 09:27

Quadrise In Talks With Freepoint For Pursuing MSAR Fuel Projects

LONDON (Alliance News) - Quadrise Fuels International PLC, a producer of synthetic heavy fuel oil, said Friday it is working with Freepoint Commodities LLC to agree and prioritise "specific a

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27 Mar 2018 12:46

Quadrise Fuels "Hugely Disappointed" With Fuel Trial Delay In Saudi

LONDON (Alliance News) - Quadrise Fuels International PLC on Tuesday reported a narrowed pretax loss for the first half of its financial year and said that it is "hugely

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27 Mar 2018 10:43

WINNERS & LOSERS SUMMARY: FreeAgent Shares Jump On RBS Takeover Deal

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 6.0%. The drugmaker said it will acquire in

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26 Mar 2018 17:47

Quadrise Fuels Says Saudi Boiler Trial No Longer Expected To Go Ahead

LONDON (Alliance News) - Quadrise Fuels International PLC said Monday the planned combustion boiler trial project in Saudi Arabia is no longer anticipated

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12 Oct 2016 14:03

UPDATE: Quadrise Fuels Raises GBP4.25 Million From Placing (ALLISS)

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14 Sep 2016 13:18

Quadrise Fuels extends core fuel contract with AkzoNobel

(ShareCast News) - Quadrise Fuels has extended two crucial agreements with Dutch chemicals giant AkzoNobel to continue developing a new form of marine fuel. As well as agreeing the continued exclusive joint development of emulsion fuels, a second contract covers the exclusive purchase and supply of

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14 Sep 2016 08:27

Quadrise Fuels International Extends Two Contracts With AkzoNobel

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10 Aug 2016 12:39

Quadrise Fuels launching fuel trial in Saudi Arabia

(ShareCast News) - Emerging manufacturer and supplier of MSAR emulsion fuels Quadrise Fuels International announced the execution of the memorandum of understanding for starting the "Production to Combustion" trial in Saudi Arabia on Wednesday. The AIM-traded company outlined the MoU in its end of y

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10 Aug 2016 08:07

Quadrise Shares Rise After Deal With Saudi Arabian Clients Is Executed

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5 Jul 2016 10:10

Quadrise Marine Project Progresses But Saudi Arabia Pilot Delayed

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1 Apr 2016 07:55

Quadrise Signs Consultancy Agreement With Former Executive Chairman

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24 Mar 2016 15:32

Director dealings: Fevertree founders cash in on institution's thirst

(ShareCast News) - The two founders of Fevertree Drinks have sold £17.7m worth of shares in the premium drinks mixers group. Charles Rolls, who is executive deputy chairman, sold 1.9m shares at 635p apiece, while chief executive Tim Warrilow, dumped 853,816 at the same price. The price is not far fr

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24 Mar 2016 11:40

DIRECTOR DEALINGS: Quadrise Fuels Buys And Sells Shares

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