Petroteq Energy Inc. PQEFF Archives - Page 12 of 18

TuesdayJul 10, 2018 11:44 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Enters Licensing Agreement with Cavitation Technologies, Inc. (OTCQB: CVAT) (Berlin: WDC)

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has entered into a licensing agreement with Cavitation Technologies, Inc. (OTCQB: CVAT) (Berlin: WDC) (“CTi”) to test its equipment during oil production for workflow efficiencies and to lower its cost of production obtained through Petroteq’s oil sands extraction process. The companies aim to generate a modification of non-conventional oil, in the form of bitumen, obtained through oil sands. CTi’s Nano Reactor System™ employs proprietary technology that can influence and alter the chemical and physical composition of certain crude oils and hydrocarbon substances in…

TuesdayJul 10, 2018 11:05 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Acquires Additional 1,312 Acres near Asphalt Ridge Heavy Oil Extraction Facility

Company has acquired 1,312 additional acres adjacent to its Asphalt Ridge heavy oil extraction facility in Utah Acquisition brings company’s total contingent resources to 2,541 leased acres and 87.49 million barrels of mineable oil sands Full production at Asphalt Ridge is slated for 2019 Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) (FRANKFURT: A2DYWC), a fully integrated oil and gas company focused on developing and implementing a proprietary new oil extraction technology, has announced the acquisition of additional acreage in Utah’s resource-abundant Uintah Basin. At auction, Petroteq finalized the acquisition of a 100 percent interest in two leases totaling 1,312 acres…

MondayJul 09, 2018 10:26 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Provides Update on Asphalt Ridge Facility

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning provided an update on the progress at its Oil Extraction facility in Asphalt Ridge, Utah. Per the update, the company is on track to initiate “full on” operations at the end of July and ramp up production with an expected 1,000 barrels per day (“bod”). The company is currently engaged in new research and development projects which should increase the efficiency and applicability of its patented extraction technology. In addition, the company has staffed up its internal team and advisory board to take care of numerous…

WednesdayJun 20, 2018 10:06 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Details Plans to Expand Advisory Board

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) this morning announced a new initiative to expand the size and scope of its advisory board. “With the recent initiation of production at our facility, we have a backlog of interest from partners around the world for which a visit to an operating facility was the logical next step,” Alex Blyumkin, executive chairman of Petroteq, stated in the news release. “Our plan is to add experienced energy entrepreneurs and executives to our ranks to handle the inquiries we have been fielding, as well as develop new opportunities…

TuesdayJun 19, 2018 12:33 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Hosts Media Day, Initiates Production at Asphalt Ridge Oil Extraction Facility

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has successfully unveiled its environmentally friendly heavy oil processing and extraction plant located at the Asphalt Ridge in Uintah Basin, Utah. In addition, company management leveraged the opportunity of this media day to commence production at the plant. Members of the press received a complete explanation and demonstration of the production process. Petroteq plans to hold a formal grand opening of the plant in September of 2018. "This event at the plant was a culmination of two years of hard work by our entire team and getting…

MondayJun 18, 2018 3:00 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) CEO to Present at The MicroCap Conference

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) today announced that it will be presenting at The MicroCap Conference taking place on June 21, 2018, at the Sheraton Centre Hotel in Toronto. Per the update, David Sealock, CEO of Petroteq, will be providing a corporate overview and discussing the company’s proprietary technology for oil extraction, as well as its blockchain-based PetroBLOQ platform, which is being developed to meet the unique supply chain needs of the oil and gas sector. Sealock will also be available for one-on-one meetings with investors. To view the full press release,…

FridayJun 15, 2018 9:43 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Details Issuance of Securities

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) yesterday announced the issuance of a number of securities pursuant to previously issued news releases. Further to its May 18 release, the company issued an aggregate of 559,087 common shares to six arm’s length parties for gross proceeds of $305,000. Further to its May 22 release, the company issued an aggregate of 764,740 common shares to seven arm’s length parties, including common share purchase warrants, for gross proceeds of $472,200. Finally, further to its May 23 release, Petroteq issued an aggregate of 4,240,667 common shares to six…

ThursdayJun 14, 2018 3:09 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Boasts Environmentally Friendly Extraction Technology

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has developed patented technologies that facilitate the environmentally friendly extraction and processing of oil. An article discussing the company reads: “Petroteq’s proprietary extraction process uses solvents to produce zero greenhouse gas, zero waste and no high temperatures, unlike existing processes in use by other companies that leave vast tailing ponds that take years for land reclamation, according to the company’s website (www.Petroteq.energy). As world governments drive demand for an increase in electric vehicle production to combat global pollution, Petroteq’s concern for the ecosystem creates a rollout-ready solution.”…

ThursdayJun 07, 2018 12:53 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) on the Cusp of Commercial Production

Petroteq set to begin production in weeks, reaching 1,000 barrels per day in Utah in the third quarter of this year Utah mineral lease expected to yield about 86 million barrels of oil equivalent over its lifetime Company president foresees significant profit pathway as oil costs approach $80 per barrel Oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is fueling rising expectations regarding its resource potential as its oil sands extraction project in Utah continues to evolve. Petroteq announced at the beginning of the month that it is on track to initiate operations prior to…

ThursdayJun 07, 2018 10:37 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Acquires Additional Acreage Near Asphalt Ridge

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has acquired further acreage in the resource rich Uintah Basin. At auction, Petroteq finalized the acquisition of two leases for 1,312 acres of land in the Asphalt Ridge, Utah area. A report titled “Evaluation of Contingent Resources” from Chapman Petroleum Engineering, Ltd. dated April 30, 2018 states that the newly acquired leases contain 7.331 million barrels of contingent resource, increasing Petroteq’s total contingent resources to 93.4 million barrels. Additionally, Petroteq announced the grant of 8,350,000 stock options to officers, directors and consultants of…

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