NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 04/25/2018 7:39:24 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Issues Update on Asphalt Ridge Heavy Oil Extraction Facility
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 issued an investor update regarding the company’s progress at its Asphalt Ridge heavy oil extraction facility. “Petroteq has taken major strides in developing technology to transform Utah’s oil-rich resources to energy,” David Sealock, CEO of Petroteq, stated in the news release. “We expect the Phase 2 – 1,000 BOD/day expansion of the Asphalt Ridge heavy oil extraction facility to demonstrate the multi-decade production commercial viability of the Company’s patented and unique technology. As the team finalizes our construction work packages and implements a five-stage commissioning and startup process, we are on target to transfer the facility to production operations in May.”
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 issued an investor update regarding the company’s progress at its Asphalt Ridge heavy oil extraction facility. “Petroteq has taken major strides in developing technology to transform Utah’s oil-rich resources to energy,” David Sealock, CEO of Petroteq, stated in the news release. “We expect the Phase 2 – 1,000 BOD/day expansion of the Asphalt Ridge heavy oil extraction facility to demonstrate the multi-decade production commercial viability of the Company’s patented and unique technology. As the team finalizes our construction work packages and implements a five-stage commissioning and startup process, we are on target to transfer the facility to production operations in May.”
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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