Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) this morning announced the appointment of Frank Ingriselli to its advisory board. Per the update, Ingriselli is a seasoned leader and entrepreneur with wide-ranging oil exploration experience in diverse geographies, business climates and political environments over the past three decades. He is the founder, president and CEO of Blackhawk Energy Ventures, a company focused on identifying and acquiring undervalued oil assets and maximizing their production and profit through the use of cost-effective, low-overhead operation programs aimed at bottom line profitability through operational efficiency and market responsiveness. “We are excited to have Frank on our team,” David Sealock, CEO of Petroteq, stated in the news release. “We believe that his notable background and expertise in international oil and energy will serve as an invaluable tool for the development of our future strategy.”
To view the full press release, visit http://ibn.fm/wUiEl
About Petroteq Energy Inc.
Petroteq is a fully integrated oil and gas company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Our proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge heavy oil extraction facility located near Vernal, Utah. The Company also owns a minority stake in an exploration and production play located in southwest Texas held by Accord GR Energy Inc. In addition, the Company, through its wholly owned subsidiary PetroBLOQ, LLC, is seeking to develop the first blockchain based platform created exclusively for the supply chain needs of the oil & gas sector. For more information, visit www.Petroteq.energy and www.PetroBLOQ.com
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