NetworkNewsBreaks – Petroteq Energy Inc.’s (TS
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Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, is engaged in developing an environmentally-friendly solution for extracting shale oil as demand for the natural resource rises. An article discussing the company reads: “Petroteq Energy’s unique, patented shale oil extraction process marries the goal of delivering a profitable product with the company’s vision of environmental stewardship. Petroteq is focused on maximizing the efficiencies and green features of its oil extraction technology, which requires no water, high temperatures or pressure and creates no greenhouse gases. The closed-loop system boasts a 99 percent average oil extraction rate and leaves behind processed, clean sands that can be sold or returned to the place of origin. This concept of employing innovative technologies that produce oil while leaving a very small environmental footprint is a Petroteq Energy specialty (http://nnw.fm/b9AF7).”
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