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Petroteq Energy PQEF
(Total Views: 144)
Posted On: 08/02/2018 6:16:39 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Partners with Cavitation Technologies, Inc. (CVAT) to Increase Efficiencies in Oil Extraction Process

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) recently entered an agreement with Cavitation Technologies (OTCQB: CVAT) (“CTi”) to test ways of enhancing oil yields in the company’s oil sands extraction process. A recent article discussing the new partnership reads: “Under the agreement, Petroteq and CTi will use CTi’s proprietary Nano Reactor System™ to raise the value and yield of oil extracted from oil sands. According to the press release, the technology can influence and alter the chemical and physical composition of certain crude oils and hydrocarbon substances so as to enhance the economic value and yield of refined oils and related hydrocarbon products.”

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