Maarten
4 years ago
Tar sands, heavy sweet oil and clean sands. Greenfield JV (Valkor + Tomco) using a plant (POSP) owned by Petroteq (Asphalt Ridge) and already producing utilizing technology licensed from Quadrise Fuels. Samples are being tested. Great new tech, low cost production. Results within a few weeks. Subject to the results and the FEED, the JV builds a new 10,000 bopd plant!
Tomco update: https://www.londonstockexchange.com/news-article/TOM/greenfield-update/15042860
Quadrise update: https://polaris.brighterir.com/public/quadrise/news/rns/story/xz9q63r
Acquiring a spot for the 10,000 bopd plant: https://newsnreleases.com/2021/06/09/greenfield-energy-to-acquire-100-of-tar-sands-holdings-ii/
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