WednesdayJun 06, 2018 1:29 pm

QualityStocksNewsBreaks – Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Proprietary Extraction Technology May be the Key to Retrieving Buried Oil in U.S.

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has developed a proprietary extraction technology that could play a vital role in the U.S. oil sands & shale industry. An article discussing the company reads: “The company does not drill for oil, but rather has developed patented technology to extract bitumen (crude oil) from oil sands and shale, crucial methodology that could unlock the trillion barrels of oil buried in Colorado, Utah and Wyoming. The technology is being readied for application at its Asphalt Ridge facility in Utah. … Petroteq Energy Inc. has developed its environmentally…

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FridayJun 01, 2018 10:00 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Posts Update on Heavy Oil Extraction Facility

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) this morning provided an investor update regarding the progress at its Asphalt Ridge heavy oil extraction facility. Per the update, slight logistic issues concerning construction and electrical material have temporarily delayed the project by a two to three-week time frame. “Petroteq’s project is going exceedingly well, notwithstanding minor logistical issues have created a slight schedule push the facility should be in full commissioning and start-up operations in the second and third week of June,” Petroteq CEO David Sealock stated in the news release. “Because we are on…

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WednesdayMay 30, 2018 11:47 am

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) President Predicts that Oil May Hit $100 per Barrel

Gerald Bailey says events in Middle East and Venezuela may push oil prices higher Two years ago, Bailey accurately predicted the start of an upward oil price trend Petroteq’s unique technology can extract oil from sand at a cost of $25 per barrel The director and president of Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has said that oil prices could reach $80 per barrel this year and rise further up to $100 in the near future. Dr. R. Gerald Bailey was appearing in an interview with Fox Business on May 23, two years after he made another prediction of…

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TuesdayMay 29, 2018 1:13 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Utilizes Patented Technology to Advance in the Oil and Gas Sector

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is advancing in the oil and gas sector by employing its patented heavy oil processing and extraction technologies, which are environmentally safe and sustainable. An article discussing the company reads: “The company has made significant progress in developing proprietary technology in order to convert the oil-rich resources of Utah into energy. … The company’s groundbreaking oil extraction technology presents an environmentally safe and sustainable means of extracting heavy oils from oil sands, oil shale deposits and shallow oil deposits. This process produces zero greenhouse gas emissions, creates…

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TuesdayMay 29, 2018 11:23 am

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) and PetroBLOQ Consortium Gaining International Traction, Expansion on Horizon

Development of blockchain-based, supply chain management platform for oil and gas industry continues under PetroBLOQ banner Key markets identified for expansion plans include Russia, Ukraine and Switzerland Russian oil production reached 30-year high of 10.98 million barrels per day in 2017, making Russian oil and gas companies ideal candidates for PetroBLOQ technology Petroteq’s patent-protected clean technology for extraction of oil from sands and shale bolsters world’s green energy goals Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), focused on the development and implementation of proprietary, environmentally-friendly heavy oil extraction technologies for the energy industry, intends to expand its footprint by opening…

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MondayMay 21, 2018 10:00 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Adds Frank Ingriselli to Advisory Board

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) this morning announced the appointment of Frank Ingriselli to its advisory board. Per the update, Ingriselli is a seasoned leader and entrepreneur with wide-ranging oil exploration experience in diverse geographies, business climates and political environments over the past three decades. He is the founder, president and CEO of Blackhawk Energy Ventures, a company focused on identifying and acquiring undervalued oil assets and maximizing their production and profit through the use of cost-effective, low-overhead operation programs aimed at bottom line profitability through operational efficiency and market responsiveness. “We…

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FridayMay 18, 2018 2:25 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Tapping Utah Reserves with Innovative Extraction Technology

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is leveraging its innovative technology to tap into Utah oil reserves. An article discussing the company states, “Petroteq’s production focus is on its heavy oil extraction plant in Asphalt Ridge, Utah. The company holds a mineral lease that covers more than 3,000 acres with oil sands reserves estimated at 87 million barrels of oil equivalent. Petroteq has recently expanded the production capacity of its Asphalt Ridge plant from 250 to 1,000 barrels per day (bpd) by debottlenecking the facility and deploying its innovative oil sands extraction technology. The company has the capability to…

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FridayMay 18, 2018 1:11 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Continues to Bet on Oil with Patented Extraction Technology

Solvent mixing process extracts bitumen without creating greenhouse gases, wastes Petroteq to begin commercial production this year as it ramps up output Company’s Utah lease believed to hold 86 million barrels of extractable oil The commercial exploration and extraction of petroleum distillates to feed the world’s fuel needs has been a vital industry for some 160 years, and it shows no sign of abating “anytime soon,” according to Raymond Gerald Bailey, president of Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF), the developer of patented technologies that facilitate the environmentally friendly extraction and processing of oil. Petroteq’s proprietary extraction process uses…

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TuesdayMay 08, 2018 2:31 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Leverages Proprietary Technology to Implement Environmentally Safe Procedures

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils. An article discussing the company reads: “The company’s extraction process uses no water, high temperatures or high pressures and produces no greenhouse gases. Up to 99 percent of all bitumen, heavy oil and lighter hydrocarbons are extracted, and up to 99 percent of the benign extraction solvents are recycled so that they can be sold or returned to the extraction point, according to the company (http://ibn.fm/necoZ). Even before the patents were granted, Petroteq had tested…

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FridayMay 04, 2018 11:51 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Oil Sands Technology Set to Unlock a Trillion Barrels of Oil Locked in U.S. Sand and Shale

Hydrocarbons projected to continue supplying world’s energy needs in near future U.S. oil sands & shale reserves estimated at two trillion barrels Extraction technology could play vital role in U.S. oil sands & shale industry The days when the U.S. economy depended on Middle Eastern oil are history. Now, just 17 percent of the approximately 10.1 million barrels per day (MMb/d) of petroleum imported comes from the Persian Gulf, according to the U.S. Energy Information Administration (http://ibn.fm/W27Sd). Although still a net importer, the U.S. in recent years has become a large supplier as well, exporting about 6.3 MMb/d of petroleum…

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