Petroteq Energy Inc. PQEFF Archives - Page 6 of 18

MondayAug 12, 2019 11:31 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Finalizes Resource Acquisition in Utah

Its acquisition of 50 percent of operating rights pertaining to oil sands in Utah is expected to help increase Petroteq’s cash value The company has also announced plans to satisfy debts with common shares so as to preserve its cash for the extraction technology being utilized at its Asphalt Ridge asset, as well as for working capital The acquisition is an important part of Petroteq’s extraction strategy, which is reliant on the company’s Clean Oil Recovery Technology that ensures safe, sustainable and environment-friendly oil extraction On July 22, 2019, Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) announced the finalization of…

FridayJul 19, 2019 9:21 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Achieves Key Milestone of Form 10 Registration Statement Effectiveness

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil and gas industry technology innovator, on Thursday announced that its Form 10 Registration Statement filed with the U.S. Securities and Exchange Commission (“SEC”) became effective as of July 12, 2019. Achievement of this milestone means the company is now subject to the reporting requirements of the amended Securities Exchange Act of 1934. PQEFF will begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q and periodic reports on Form 8-K. The company is also subject to additional SEC reporting requirements associated with proxies, shareholder actions and stock…

WednesdayJul 17, 2019 3:05 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Obtains Licensing Contract for Proprietary Clean-Surface, Oil-Extraction Technology

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil and gas industry technology innovator that developed Clean Oil Recovery Technology (“CORT”) for surface tar-sands oil extraction, recently entered into a nonexclusive technology licensing agreement with Valkor LLC. An article further discussing the company reads, “Since last year, Petroteq has been putting its technology to work at the Utah site it leases, aptly named Asphalt Ridge because of the surface bituminous resource located there. The company has been using its CORT, which is a closed-loop system that extracts fuel oils from the ground and returns the sands ‘cleaned’ to the earth. .…

ThursdayJul 11, 2019 2:54 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Explains Innovative Heavy-Oil Recovery Process in Video Tour of Extraction Facility

Oil and gas industry technology innovator Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) recently posted a video tour of its Utah extraction facility to describe the technology’s processes and potential. An article further discussing the video reads, “The ‘Follow the Molecule’ video invites those interested in Petroteq’s closed-loop, environmentally ‘clean’ surface-oil extraction technology to consider the simplicity of the company’s flagship strategy for processing bituminous asphalt sands, turning the contaminated soil into ‘a clean dirt,’ as PQEFF CEO David Sealock describes it (http://ibn.fm/R25eh). . . . ‘I am delighted to be able to show our investors the results of the company’s…

MondayJul 08, 2019 12:09 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Secures Licensing Contract for its CORT Oil Extraction Technology

Petroteq Energy has been developing a proprietary clean surface oil extraction technology that it expects to revolutionize the fuel industry Petroteq recently announced that Texas-based energy engineering services company Valkor has contracted Petroteq’s technology for its extraction plants, paying Petroteq associated royalties Petroteq expects the licensing of its technology to become a significant part of its business model Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is demonstrating the true potential value of the Clean Oil Recovery Technology (CORT) that it has developed for surface tar sands oil extraction in Utah’s rural eastern desert. The company announced July 2 that it…

TuesdayJul 02, 2019 11:36 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Enters Technology Licensing Agreement with Valkor LLC

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil and gas industry technology innovator, today announced its entry into a non-exclusive technology licensing agreement with Katy, Texas-based Valkor LLC (www.Valkor-Offshore.com). According to the update, the agreement grants Valkor the right to use Petroteq’s proprietary patented technology to construct, operate and finance oil sands extraction plants to transform mining operations-recovered highly oil saturated feed ore to heavy crude. “Technology advancement in unlocking the enormous deposits of global oil reserves has been our focus in achieving energy independence and economic expansion,” Petroteq CEO David Sealock said in the news release, “and Petroteq’s CORT…

TuesdayJul 02, 2019 10:37 am

QualityStocksNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters CBD Sector Through Equity Acquisition of Wahupta Ventures

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into an agreement for the right to acquire 51 percent of Wahupta Ventures Inc. of British Columbia, a Canadian hemp company, staking its position in the CBD sector. Per the update, Redfund has secured the right to purchase 19.9 percent of Wahupta, and will have the option on an additional 31.1 percent upon completion of the due diligence process and the signing of a definitive agreement no later than October 1, 2019. “Many Canadian merchant banks have followed our debt financing model and while it is exciting…

FridayJun 28, 2019 12:08 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Offers ‘Follow the Molecule’ Video Tour to Showcase Revolutionary Heavy Fuel Recovery Tech

Petroteq Energy is using its proprietary technology to revolutionize the domestic oil and gas industry through a “clean” closed-loop system that extracts fuel from sands and returns the cleaned sands to the earth Petroteq’s CEO narrates a new video tour of the company’s Utah extraction facility to explain the technology’s processes and its potential Oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is putting its revolutionary heavy oil recovery process on display with a seven-minute video tour of its facilities in Utah’s eastern desert to showcase what the company expects to be the best thing…

WednesdayJun 19, 2019 11:18 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Releases Virtual Tour of Asphalt Ridge Oil Sands Processing Facility

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil and gas industry technology innovator, today announced release of “Follow the Molecule,” a seven minute video produced by V6 Media that provides a virtual tour and operations of the company’s Asphalt Ridge oil sands processing. The video and animated diagrams provide an understanding of the company’s proprietary processes and detail the transformation of highly oil saturated feed ore recovered from the mining operation to heavy crude oil. “I am delighted to be able to show our investors the results of the Company’s efforts over the last two years. We believe we have…

MondayJun 10, 2019 2:59 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Revolutionizing Oil, Gas Industry with Environmentally Friendly Production Platform

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil-and-gas industry technology innovator, is engaged in the development of a cost-saving, environmentally friendly production platform. A recent article discussing the company reads, “Just as fracking revolutionized oil industry production by creating a feasible means of extracting fuels from domestic sources and reducing North America’s dependence on foreign sources, Petroteq expects its proprietary technology to innovate by using its recyclable solvent extraction process to exalt domestic sources of heavy fuels at a time of supply uncertainty from foreign producers, and to do it in a way that leaves the desert sands ‘cleaner’ than…

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