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Update: Questor Technology Down 3% as Moves to Supply Clean Combustion Solution in Libya for $1.7 Million
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Update: Questor Technology Down 3% as Moves to Supply Clean Combustion Solution in Libya for $1.7 Million
Nov 22, 2024 9:18 AM

11:52 AM EST, 11/22/2024 (MT Newswires) -- Questor Technology ( QUTIF ) said Friday it received a $1.7 million purchase order to supply a clean combustion solution in Libya to a global leader in the energy services space, whose client is a global E&P company.

Questor said its ISO 14034-certified clean combustion units are engineered to safely manage waste gas and eliminate methane and other harmful pollutants at a 99.99% efficiency.

According to Questor, the units meet and exceed the most stringent global emissions standards, while delivering cost savings to clients in capital, fuel, and operations.

The company said the units are suited for early production facilities, large-scale gas processing plants and refineries.

"This purchase order underscores Questor's reputation for delivering cost-effective, high-performance technology and highlights its expanding presence in global markets," Questor said. "As the company continues to grow, it remains dedicated to advancing sustainable energy infrastructure and supporting its clients in achieving their environmental goals."

Questor shares were last seen down $0.01 to $0.29 on the TSX Venture Exchange.

Price: 0.29, Change: -0.01, Percent Change: -3.33

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