Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) has
developed an oil-extraction technology that releases heavy-oil resources hidden
in oil sands and oil shale deposits in a way that doesn’t harm the environment.
An article discussing the company reads, “Petroteq’s patented closed-loop,
clean technology is currently in production at the company’s Asphalt Ridge
pilot facility in northeastern Utah and has proven to be commercially viable.
Petroteq began delivering oil to its regional market in November 2018 and
recently reported consistent production of over 500 barrels per day (“bpd”) (http://ibn.fm/dSRuS). Petroteq’s
environmentally safe and sustainable approach for the extraction of heavy oil
and bitumen from oil sands, shale and shallow oil deposits produces zero
greenhouse emissions or waste and does not necessitate the use of high
temperatures.”
To view the full article, visit http://ibn.fm/XVsgD
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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