NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
Post# of 252
Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has concluded continuity testing at its Asphalt Ridge facility. Per the update, the company is making final arrangements for marketing activities and continuous operations. “The operational readiness of the facility coincides with the laboratory testing that we have been conducting. With multiple samples that have been taken from our mining operations, we have determined the proprietary solvent molecular and volumetric specifications to effectively and efficiently work with our proprietary extraction process. We are also looking at the many new and compelling products that will work with and integrate with our proprietary solvent process to improve the separation of oil from sand as well as stabilize and reduce asphaltenes in the oil to produce a better grade of heavy oil. We are continually improving our proprietary processes which uses no water, produces zero greenhouse gas, zero waste and requires no high temperatures,” Petroteq Chief Technology Officer Vladimir Podlipskiy stated in the news release.
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