Further investment in Strata Energy


 

TIDMQOGT 
 
RNS Number : 7477I 
Quorum Oil and Gas Tech. Fund Ld 
18 March 2010 
 

  Not for release, publication or distribution in, or into, the United States, 
                          Canada, Australia or Japan. 
 
+------------------------------+------------------------------+ 
| Press Release                |                18 March 2010 | 
+------------------------------+------------------------------+ 
 
 
 
 
                   Quorum Oil and Gas Technology Fund Limited 
 
                     ("Q-OGT", "the Fund" or "the Company") 
 
       Further US$4.85 million investment in Strata Energy Services, Inc. 
 
Further to the Issue of Equity announcements made on 25 February 2010 and 2 
March 2010, Quorum Oil and Gas Technology Fund Limited (LSE:QOGT), a registered 
closed-ended Guernsey investment company traded on the London Stock Exchange, is 
pleased to announce that the proceeds of these placings totalling US$4.85 
million has now been invested into Strata Energy Services, Inc. ("Strata"). 
These funds will enable Strata to manufacture and purchase equipment necessary 
to commence new operations in Mexico.  To date the total investment made by 
Q-OGT stands at US$24.85 million. 
 
                                    - Ends - 
 
For further information: 
+----------------------------------+--------------------------------+ 
| Investment Manager               |                                | 
+----------------------------------+--------------------------------+ 
| Quorum Group                     |                                | 
+----------------------------------+--------------------------------+ 
| Wanda Dorosz, Managing Partner & |           Tel: +1 416 971 6998 | 
| CEO                              |                                | 
+----------------------------------+--------------------------------+ 
|                                  |              wdorosz@quorum.ca | 
+----------------------------------+--------------------------------+ 
| David Sefton, Quorum European    |          Tel: +44 (0) 7989 333 | 
| Partners LLP                     |                            371 | 
+----------------------------------+--------------------------------+ 
|                                  | david.sefton@quorum-london.com | 
+----------------------------------+--------------------------------+ 
 
+--------------------------------+----------------------------+ 
| Numis Securities               |                            | 
+--------------------------------+----------------------------+ 
| Nathan Brown, Corporate        |  Tel: +44 (0) 20 7260 1426 | 
| Broking                        |                            | 
+--------------------------------+----------------------------+ 
 
 
Media enquiries: 
 
+--------------------------------+----------------------------+ 
| Abchurch                       |                            | 
+--------------------------------+----------------------------+ 
| Henry Harrison-Topham / Mark   |  Tel: +44 (0) 20 7398 7702 | 
| Dixon                          |                            | 
+--------------------------------+----------------------------+ 
| henry.ht@abchurch-group.com    |     www.abchurch-group.com | 
+--------------------------------+----------------------------+ 
 
Notes to editors: 
 
Quorum Oil and Gas Technology Fund Limited ("Q-OGT") is a registered 
closed-ended investment company incorporated in Guernsey to provide expansion 
capital to companies which own and/or are developing proven proprietary 
technology which may have a potentially significant effect on the oil and gas 
industry.  The Fund is managed by the Quorum Group, a 23 year old strategic 
sector private equity firm, headquartered in North America, which also has a 
subsidiary and office in London, Quorum European Partners LLP.  Q-OGT was 
admitted to the Official List of the UK Listing Authority and to trading on the 
London Stock Exchange on 7 January 2008. Its stock market EPIC is QOGT.L. 
Further information can be found at www.q-ogtfund.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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