NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 09/24/2019 4:34:34 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Recommences Production at Asphalt Ridge Facility
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), a fully integrated surface oil sands clean recovery mining oil company with proprietary technology, today announced its recommencement of production today from the Asphalt Ridge Facility in Utah. According to the update, completion of the planned equipment modifications to the sand separation process, fluid extraction process, and the clean sand production process mark a significant milestone for the company’s proprietary oil extraction solvent technology. “The technology enhancements completed in the last several months are expected to provide the Company the foundation to consistently increase production to its productive capacity in a step wise approach, and potentially enhance cash flow in what is currently a much more favorable pricing environment,” Petroteq CEO David Sealock stated in the news release. “The strengthening of our balance sheet, consistent production and cash flow remains our top priority.”
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) (OTC: PQEFF) (FSE: PQCF), a fully integrated surface oil sands clean recovery mining oil company with proprietary technology, today announced its recommencement of production today from the Asphalt Ridge Facility in Utah. According to the update, completion of the planned equipment modifications to the sand separation process, fluid extraction process, and the clean sand production process mark a significant milestone for the company’s proprietary oil extraction solvent technology. “The technology enhancements completed in the last several months are expected to provide the Company the foundation to consistently increase production to its productive capacity in a step wise approach, and potentially enhance cash flow in what is currently a much more favorable pricing environment,” Petroteq CEO David Sealock stated in the news release. “The strengthening of our balance sheet, consistent production and cash flow remains our top priority.”
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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