NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 03/08/2018 6:23:49 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Announces Positive Report from Independent Evaluation of Asphalt Ridge Leases
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 the filing of its third party independent detailed assay and testing resource evaluation report. Per the update, the results from the report, which was completed by Wyoming-based Energy Labs, are consistent with the numerous studies performed on these oils by both academic institutions and major oil firms. “As we continue to make progress with the completion of our plant construction and the signing of our oil offtake agreement, we are extremely pleased with this report that confirms the quality of our oil sands assets,” Alex Blyumkin, chairman of Petroteq, stated in the news release. “Oil with high levels of heavy metals has a negative impact on the life of the catalysts in oil refineries. Our oil contains low levels of asphaltenes and very low metal levels making it attractive to oil refineries.”
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 the filing of its third party independent detailed assay and testing resource evaluation report. Per the update, the results from the report, which was completed by Wyoming-based Energy Labs, are consistent with the numerous studies performed on these oils by both academic institutions and major oil firms. “As we continue to make progress with the completion of our plant construction and the signing of our oil offtake agreement, we are extremely pleased with this report that confirms the quality of our oil sands assets,” Alex Blyumkin, chairman of Petroteq, stated in the news release. “Oil with high levels of heavy metals has a negative impact on the life of the catalysts in oil refineries. Our oil contains low levels of asphaltenes and very low metal levels making it attractive to oil refineries.”
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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