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Quadrise Fuels International PLC

Quadrise Fuels CEO talks funding as they focus on commercial project delivery

Mike Kirk, chief executive of Quadrise Fuels International PLC (LON:QFI), updates Proactive London's Andrew Scott on discussions that he says are ongoing to secure new funds to help capitalise on recent business development progress in Kuwait, Saudi Arabia and China.

Kirk says by topping up the cash coffers now it will allow the continuation of business development initiatives and ultimately help them deliver commercial projects.

Quick facts: Quadrise Fuels International PLC

Price: £0.04

Market: LSE
Market Cap: £35.48 m
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Investor Update: Quadrise to work with Merlin Energy on upstream heavy oil...

Headlines from the Proactive UK newsroom. Quadrise (LON:QFI) has signed another agreement for its alternative fuel MSAR. E&P consultant Merlin Energy and Quadrise will work together to find applications for MSAR in heavy oil environments. i3 Energy (LON:I3E)  says its drilling rig...

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