Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announced that it has hired George Stapleton as its new chief operating officer. Stapleton brings with him more than 40 years of experience in the areas of design, construction, fabrication and project management for onshore and offshore plant and energy infrastructure-related projects. In his new role, Stapleton will manage all engineering, planning, procurement, project management and day-to-day operations for Petroteq. “Mr. Stapleton’s recruitment is certainly a most fortuitous event for Petroteq,” said PQEFF chairman Alex Blyumkin in the press release. “George brings a combination of proven engineering, project management and operations experience developed over four decades with world-class companies and projects. Together with his intimate understanding of oil sands and remediation projects, I believe he is the perfect fit for Petroteq.”
To view the full press release, visit http://ibn.fm/iCTds.
About Petroteq Energy Inc.
Petroteq is a fully integrated clean technology 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 and reclamation 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. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge soil remediation and heavy oil extraction processing facility located near Vernal, Utah. For more information, visit 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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