Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) is progressing
eco-friendly, unique technology to meet the world’s ongoing energy needs. A
recent article discussing the company reads: “The company’s focus is on
technology development, but the just-launched Utah production at a site called
Asphalt Ridge is serving as the small-scale real world application of
Petroteq’s unique process and is expected to be at full extraction before the
end of the current quarter. The company then plans to increase its 1,000 bpd output
to 8,000 bpd within the next two years (http://ibn.fm/DUlSM) — a veritable drop in the bucket of
oil productivity, but a huge reservoir of potential for the industry, if the
production test delivers on its promise.”
To view the full article, visit http://ibn.fm/wkIbI
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. Our 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 facility located near Vernal, Utah. In addition, the
Company, through its wholly owned subsidiary PetroBLOQ, LLC, is seeking to
develop the first blockchain based platform created exclusively for the supply
chain needs of the oil & gas sector. For more information, visit the
company’s website at www.Petroteq.energy
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