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…