Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF), an oil and gas
industry technology developer, recently reported consistent production of over
500 barrels per day (“bpd”). An article discussing the company reads, “The
company’s March 28 announcement about the production rate (http://ibn.fm/YTaXB) noted that
the continuous 500 bpd production benchmark demonstrates the commercial
viability of its first-in-kind technology, which is patented in the United
States and Canada to extract oil from tar sands in a closed-loop,
environmentally friendly manner and will help the company generate confidence
when it seeks licensing opportunities in coming years.”
To view the full article, visit http://ibn.fm/oC4S3
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. The company’s proprietary process produces zero greenhouse gas
and 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 and processing facility located near Vernal,
Utah. For more information, visit the company’s website at www.Petroteq.energy.
NOTE TO INVESTORS: The latest news and updates
relating to PQEFF are available in the company’s newsroom at http://ibn.fm/PQEFF
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