29 Aug 2023

VSA Morning Flow Test 29/08/23 (Quadrise)

Quadrise PLC (QED:LON) | 4.6 0 0.9% | Mkt Cap: 91.8m

- Oliver O’Donnell
- 3 pages

Quadrise (QED LN) has provided an update on the Valkor heavy oil project in Utah where the company has a Commercial Development Agreement to deploy QED’s technology to produce its fuel emulsion products from Valkor’s heavy oil production. Based on Valkor’s recent permitting progress the two companies have now agreed that the Licence Agreement between them is now conditional only on project financing of at least US$15m.

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VSA Morning Flow Test 29/08/23 (Quadrise)

Quadrise PLC (QED:LON) | 4.6 0 0.9% | Mkt Cap: 91.8m

Published: 29 Aug 2023
Author: Oliver O’Donnell
Pages: 3

Quadrise (QED LN) has provided an update on the Valkor heavy oil project in Utah where the company has a Commercial Development Agreement to deploy QED’s technology to produce its fuel emulsion products from Valkor’s heavy oil production. Based on Valkor’s recent permitting progress the two companies have now agreed that the Licence Agreement between them is now conditional only on project financing of at least US$15m.