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://ibn.fm/Cnp1m).
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.”
To view the full article, visit http://ibn.fm/uqqQs
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 and bitumen 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. Its proprietary process produces nearly zero
greenhouse gas and 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. 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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