NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Pioneering Oil Extraction Technology

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) is developing an oil extraction technology with the potential to become a driving force in America’s energy independence. A recent article discussing the company reads, “Unlike fracking, or hydraulic fracturing, in which high pressure water and chemicals are injected into drilled wells to force open rock fractures and release trapped oil, Petroteq’s patented closed-loop ‘clean’ technology mines tar sand source material from land surfaces, minimizing financial and environmental risk while providing a significant investment benefit. Unlike traditional drilling, Petroteq’s closed-loop process has the advantage that, once a surface source has been identified, there is no investment risk related to exploration, because the extent of the resource is already known prior to set up.”

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