NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 08/09/2018 5:39:09 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Increasing its Foothold in the Utah Oil Sands Region
Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) remains focused on the development and implementation of proprietary technologies for the energy industry. The company intends to expand its oil extraction to over 8,000 barrels per day within three years. A recent article discussing the company reads: “Petroteq has been developing its United States- and Canada-patented technology at the Asphalt Ridge site with the aim of finalizing a process that boosts North American oil production through the distillation of oil-rich sands. The emphasis on environmental impact has created a process that is cost effective, produces no greenhouse gases and leaves no waste once the “cleaned up” sands are returned to the ground and the proprietary solvent solution involved in the extraction is recycled. Petroteq announced in June that it was on track to initiate operations in the second quarter of 2018, and the full financial benefit of 1,000 bbl/d production is on track to be realized in the second half of 2018, a NetworkNewsWire article states (http://nnw.fm/tN3Ai).”
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 (TSX.V: PQE) (OTCQX: PQEFF) remains focused on the development and implementation of proprietary technologies for the energy industry. The company intends to expand its oil extraction to over 8,000 barrels per day within three years. A recent article discussing the company reads: “Petroteq has been developing its United States- and Canada-patented technology at the Asphalt Ridge site with the aim of finalizing a process that boosts North American oil production through the distillation of oil-rich sands. The emphasis on environmental impact has created a process that is cost effective, produces no greenhouse gases and leaves no waste once the “cleaned up” sands are returned to the ground and the proprietary solvent solution involved in the extraction is recycled. Petroteq announced in June that it was on track to initiate operations in the second quarter of 2018, and the full financial benefit of 1,000 bbl/d production is on track to be realized in the second half of 2018, a NetworkNewsWire article states (http://nnw.fm/tN3Ai).”
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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