NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil-and-gas industry technology innovator, is engaged in the development of a cost-saving, environmentally friendly production platform. A recent article discussing the company reads, “Just as fracking revolutionized oil industry production by creating a feasible means of extracting fuels from domestic sources and reducing North America’s dependence on foreign sources, Petroteq expects its proprietary technology to innovate by using its recyclable solvent extraction process to exalt domestic sources of heavy fuels at a time of supply uncertainty from foreign producers, and to do it in a way that leaves the desert sands ‘cleaner’ than they were initially. . . . The environmentally friendly process is suitable for all surface minable oil sands hydrocarbon deposits, and it may also be applied for remedial projects, according to the company.”
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