NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 02/22/2018 7:01:09 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Completes Asphalt Ridge Utah Plant Improvements
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced that it has completed improvements to its Asphalt Ridge Utah plant that will expand its capacity to 1,000 barrels per day. “The reassembly of the plant at the new location reduces our costs going forward compared to the prior location,” Alex Blyumkin, CEO of Petroteq, stated in the news release. “The new location, along with the addition of the new motor control center and new pumps to move our proprietary environmentally safe solvent and oil more efficiently puts us in a position to begin ramping up production next quarter. The new site also delivers on our promise to recover oil in a manner that has minimal environmental impact.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced that it has completed improvements to its Asphalt Ridge Utah plant that will expand its capacity to 1,000 barrels per day. “The reassembly of the plant at the new location reduces our costs going forward compared to the prior location,” Alex Blyumkin, CEO of Petroteq, stated in the news release. “The new location, along with the addition of the new motor control center and new pumps to move our proprietary environmentally safe solvent and oil more efficiently puts us in a position to begin ramping up production next quarter. The new site also delivers on our promise to recover oil in a manner that has minimal environmental impact.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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