NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, this morning announced that it has received a Notice of Allowance from the United States Patent and Trademark Office for U.S. Patent Application 13/627,518, “Oil From Oil Sands Extraction Process” and a Notice of Allowance from the Canadian Intellectual Property Office for Canadian Patent Application 2,754,355, “Oil Extraction Process.” “We are very excited to receive the Notices of Allowance from the respective U.S. and Canadian patent offices,” Alex Blyumkin, CEO and chairman of Petroteq, stated in the news release. The patents are part of Petroteq’s growing intellectual property portfolio, which also includes patent protection in Russia. To date, Petroteq has applied for protection in all of the countries with significant heavy oil assets that it believes show promise for the company.
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