Quadrise Fuels International PLC - London-based residual oil technology licensor - Joint venture with Valkor LLC and TomCo Energy PLC, Greenfield Energy LLC, extends commercial trial agreement with Quadrise to end of 2021.
JV looks to upgrade oil sands plant at Asphalt Ridge in Utah. Quadrise supplies emulsion technology and fuels.
Current stock price: 3.75 pence; down 3.7% on Monday afternoon
Year-to-date change: up 69%
By Paul McGowan; paulmcgowan@alliancenews.com
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Tomco Energy (TOM)