This company got a mention in the Sunday telegraph[12 mar 06] and may be worth a punt. I am trying to do some research but if anyone else feels like contributing to make this a decent thread then I will gladly take any help/advice offered. I sense this may be a high risk venture so DYOR.

Sunday Telegraph article
"Quadrise takes 'smart oil' technology to Aim
By Edward Simpkins (Filed: 12/03/2006)


A company that claims to have technology that could extend the life of the oilfields beneath the North Sea by around eight years is to list on London's junior Aim market early next month.

Quadrise, which will be worth around 100m on its debut, has rights to technology developed by Akzo Nobel, the 11bn Dutch chemicals group. The technology enables an emulsion fuel oil to be manufactured from heavy crude oils, and from residues produced by refineries after the lighter, more valuable petroleum products have been separated.

The fuel is produced by mixing the heavy crude and residues with water to form an emulsion, which is stabilised by adding chemicals developed by Akzo Nobel. It burns more efficiently and completely than other fuels, resulting in lower emissions. It is expected to be 10 per cent cheaper than standard oil and customers such as power producers would achieve a cost saving of around $75m a year on a 1,000MW power station.

Bill Howe, the chief executive of Quadrise, said: "It can be used directly in power stations and it burns better than conventional heavy fuel oils. As it contains water it burns at a lower temperature, which means that less nitrous oxide is produced. Its greenhouse gas emissions are 20 per cent lower compared with coal."

Howe also pointed out that the technology allows very heavy crudes and residues to be diluted enough to make them economically transportable to market. "Refiners don't want heavy crude, they want the light end of the barrel and turning heavy crude into light is expensive."

However, he said the technology should improve the finances of the extraction of heavy crude to the point where known but untapped reserves of heavy crude were economically viable.

"Oil and gas production from the North Sea is entering a deficit situation relative to UK demand. Within 10 years, at an oil price of $35 per barrel, the energy import cost for the UK would be $20bn a year. But there exists within the North Sea some 5bn barrels of discovered but non-producing heavy oil," Howe said.

"Quadrise can facilitate the economic production of this oil by providing a means to market for its heaviest fractions. These reserves would last almost eight years at the UK's current oil consumption of 1.75m barrels per day."

The technology would also facilitate the production of the 1bn barrels of bitumen and tar sands which have been discovered in the US and Canada.

Quadrise will list on Aim through the reverse takeover of a former mining company called Zareba."

Can any one help explain to me why trades were timed at 7.30ish this morning when ZBA came back onto the market for the first time since Dec05? I thought the official trading time started at 8am?

I've taken some profits today but was wondering what any other holders' thoughts were on this one? There is some sort of share consolidation coming up...is that a good or bad thing?

I appreciate any thoughts.

The share consolidation is neither a good nor bad thing, some investors currently see the low share price as cheap, however at the end of the day once the consolidation takes place the companies market/cap will remain the same, the main change will be that there will not be as many shares in circulation.
I've doubled my money on this one so far, and as I work in an oil fired power station at present, I can see the huge profits quadrise could make with its MSAR technology worldwide.
I'm expecting this one to at least double again once the energy experts have worked out its potential.
Lots of power stations struggle to keep there OXIDES OF NITROGEN emissions low, some shut down due to environmental legislation for OXIDES OF NITROGEN
The MSAR technology could pave the way for many older power stations to stay running and also profitable, if it truly can drastically reduce these emmissions.

Thanks mgr'ess. I'm staying in with my remaining half too for the long run....does sound like it's got potential.

Do you work for a power station in the UK by any chance? Dark spreads and spark spreads and all that!? Interesting times for you guys recently...but probably more so for the likes of terra nitro etc.. I know what you mean about emissions legislation...been there done that and got the tee-shirt, but more on carbon emissions side.

What do energy experts know? Not much! Here's an interesting observation for you...have you ever looked at the correlation between winter quarter gas prices (Q106 etc..) and EUA carbon prices? Not even the consultants we hired to tell us about the market spotted that.

So have you guys applied to use (CDM) certified emission reduction certificates yet?

has anyone seen the artical in todays express.. it looks good.i'm staying in this share.....long term ..