Quantum Energy Inc. (QREE)

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"We estimate that we will require approximately $600,000,000(CAD) to implement our business strategy, including validating the viability and suitability of the Land, commencing the permitting process, purchasing the Land, completing the development and construction of the Stoughton Refinery and commencing the operation of the Stoughton Refinery."


"Quantum is an energy focused company. Quantum's business strategy is to develop a "state-of-the art," energy efficient, 40,000 BPD full slate refinery in Stoughton, Saskatchewan, Canada to refine the light shale crude oil from the Bakken formation of the Viewfield oil field area of Saskatchewan, Canada."