Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF), an oil and gas
industry technology innovator, is developing a surface-oil extraction process
that lowers the effects on the environment. An article discussing PQEFF reads,
“Petroteq’s patented process produces heavy oils squeezed from surface pockets
of bituminous shale in a closed-loop ‘clean’ cycle that avoids many of the
financial risks and uncertainties associated with exploring for crude sources
deep underground. In particular, once a surface asphalt resource has been
visually identified, there is no significant investment risk on the company’s
part related to exploration, because the extent of the resource is already
known prior to set up. . . . Petroteq’s process also has the advantage of being
perhaps the most environmentally friendly of any extraction mechanism. It is a
first-of-its-kind technology in which oil sands are mixed with a solvent
solution, crushed to squeeze out the oil, shaken and then heat distilled to
remove the oil for storage. The original sand material is returned to the
desert floor cleaner than when it was taken for processing.”
To view the full article, visit http://ibn.fm/6V2qe
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
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment