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Paddywak1967 - Thu, 29 Dec 05 :

alexliddy

Thanks Alex. This is probably the most exciting prospect I have seen for a long while. Everything I've read looks positive. The technology looks good and is well tested and developed. It's now in full operational use with Deer Creek(now Total) and is being used by Nautical Petroleum as well. It's only a matter of time before it is taken up by the other majors, as well as being used in the energy industry worldwide. The people who developed and founded Quadrise are all ex-BP scientists/geologists so, undoubtedly, BP will be keeping a close eye on this as will the other big players who will not be keen to be left behind. Numerous government think tanks in europe and Canada/America have identified this technology as the only way forward in the energy/oil industry and are supporting its use and development. Then you've got the cost implications in that it has been shown that using Quadrise's technology could save billions of pounds to the company's involved. It's also much easier to use than traditional methods. Add to this the fact that Quadrise have secured 32,000,000 in private financing and have the full continued support of Masefield and their contacts and connections and it all adds up to a very attractive package...........then you've also got Zareba and their contacts and connections......not exactly slouches in this field themselves.......just look at their resumes on the Zareba website!


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