Petroteq
Energy (TSX.V: PQE) (OTC: PQEFF) , a fully integrated oil company
focused on the development and implementation of its new proprietary technology
for oil extraction with producing assets at Asphalt Ridge near Vernal Utah,
today announced that, since last reported, it has increased its daily average
oil production and made changes to its facility’s oil quality baseline. Among
highlights included in the update, Petroteq Energy reported that, since
December 9, 2019, the facility has produced an average 200 barrels of oil in
12-hour process shifts – a total of 6 days of the 7 day period, as well as oil
with API gravity of 15 to 17 API degrees. Higher API of up to 20 degrees has
been recorded for shipping of the product during current cold weather
conditions.
To view the full press release, visit http://ibn.fm/JoCCq
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 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 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 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