Brief: Quadrise Says Asphalt Ridge Oil Well To Yield 20 to 40 Barrels Per Day Of Heavy Sweet Oil

Quadrise

19/04/2024 07:21

April 19 (Reuters) - Quadrise PLC  QED.L :
    * VALKOR PROJECT UPDATE
    * VALKOR CONFIRMED HSO GOT MULTI-MILLION DOLLAR FUNDING &
APPROVAL
FOR APD FROM UTAH DIVISION OF OIL, GAS AND MINING
    * VALKOR INTENDS TO COMMENCE DRILLING OF INITIAL OIL WELL AT
ASPHALT RIDGE IN UTAH NEXT WEEK
    * ASPHALT RIDGE OIL WELL IS EXPECTED TO YIELD BETWEEN 20 AND
40
BARRELS PER DAY OF HEAVY SWEET OIL

Source text for Eikon:  ID:nRSS2352La 
Further company coverage:  QED.L 

 ((Reuters.Briefs@thomsonreuters.com;))