Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) is
developing an oil extraction technology with the potential to become a driving
force in America’s energy independence. A recent article discussing the company
reads, “Unlike fracking, or hydraulic fracturing, in which high pressure water
and chemicals are injected into drilled wells to force open rock fractures and
release trapped oil, Petroteq’s patented closed-loop ‘clean’ technology mines
tar sand source material from land surfaces, minimizing financial and
environmental risk while providing a significant investment benefit. Unlike
traditional drilling, Petroteq’s closed-loop process has the advantage that,
once a surface source has been identified, there is no investment risk related
to exploration, because the extent of the resource is already known prior to set
up.”
To view the full article, visit http://ibn.fm/Xpxsm
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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