NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated, surface oil-sands, clean-recovery mining oil company with proprietary technology, recently announced the initiation of commissioning processes and sequences for its Asphalt Ridge facility in Utah (http://nnw.fm/t5Jom). An article discussing the company reads, “The company will issue a press release once commissioning has been completed and the facility starts processing oil sands ore to achieve sales of oil production at the facility. . . . An innovator and proprietary technology developer, the Canadian-registered Petroteq is making surface tar oil sands extraction cleaner and more sustainable. The company’s Clean Oil Recovery Technology (CORT) is a proprietary, closed-loop, oil-recovery system that significantly lowers capital construction and production costs. . . . Through its process, Petroteq is removing bituminous oil from the sands that are abundant in Utah. The process is so sustainable and clean that the sands left behind after the completion of the oil recovery are suitable for growing produce.”
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