NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils. An article discussing the company reads: “The company’s extraction process uses no water, high temperatures or high pressures and produces no greenhouse gases. Up to 99 percent of all bitumen, heavy oil and lighter hydrocarbons are extracted, and up to 99 percent of the benign extraction solvents are recycled so that they can be sold or returned to the extraction point, according to the company (http://nnw.fm/Ykn4l). Even before the patents were granted, Petroteq had tested its technical abilities at a separate Utah facility where it produced 10,000 barrels of oil in 2015.”
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