Petroteq Energy Inc. PQEFF Archives - Page 8 of 18

WednesdayMay 01, 2019 1:00 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Celebrates Milestones as it Builds Oil Production from Desert Tar Sands Using Earth-Friendly Tech

Petroteq Energy is leasing property at a bituminous asphalt resource in Utah’s eastern desert to develop its first-in-kind oil extraction technology for commercial use The company began delivering oil to its regional market in November after months of buildup and is in the process of increasing the amount of quality crude it produces to 1,000 bpd Petroteq recently reported consistent production of over 500 bpd The company has also shown its flexibility in responding to refineries’ demand for differing gravities of crude Oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) announced significant milestones as it…

FridayApr 26, 2019 2:00 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Pioneering Oil Extraction Technology

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) is developing an oil extraction technology with the potential to become a driving force in America’s energy independence. A recent article discussing the company reads, “Unlike fracking, or hydraulic fracturing, in which high pressure water and chemicals are injected into drilled wells to force open rock fractures and release trapped oil, Petroteq’s patented closed-loop ‘clean’ technology mines tar sand source material from land surfaces, minimizing financial and environmental risk while providing a significant investment benefit. Unlike traditional drilling, Petroteq’s closed-loop process has the advantage that, once a surface source has been identified, there is…

TuesdayApr 23, 2019 10:10 am

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Aiming to Revolutionize Oil Industry with Novel Heavy Crude Extraction Process

Petroteq Energy is developing an oil extraction technology that has the potential to follow fracking as the “next big thing” in driving America’s energy independence Petroteq is developing its proof-of-concept extraction process in Utah’s east desert and recently established a benchmark for continuous production with the environmentally friendly technology The company began selling oil regionally in November and is building its heavy oil production to 1,000 barrels per day The oil and gas industry has long worked to successfully manage profit margins while keeping the nations’ transport systems humming through the continual high and low fluctuations of global crude supply…

WednesdayApr 03, 2019 9:25 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Closes Resource Acquisition

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced the closing and issuance of 15,000,000 common shares to Momentum Asset Partners I, LLC, representing the equity section of the consideration payable to Momentum pursuant to the acquisition of 50% of the operating rights and interests relating to oil sands under U.S. federal oil and gas leases totaling roughly 8,480 gross acres in Utah. Petroteq also reported the closing of subscriptions for 1,730,263 common shares and warrants exercisable for 1,481,481 common shares for gross proceeds of $482,000. In addition, the company announced the execution of an agreement with an arm’s length…

FridayMar 29, 2019 9:38 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Achieves Significant Milestone in Continuous Production

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) on Thursday announced its achievement of continuous production in excess of 500 barrels a day over the last two weeks. This is a significant milestone for Petroteq, as it demonstrates the commercial viability of its first in kind technology, as well as its disruptive potential, providing the company a competitive advantage and licensing opportunity in the clean extraction of oil sands. One of the first companies to produce oil from Utah’s multi-billion barrel surface bitumen oil sands, Petroteq has the potential to be a leader in the…

MondayOct 08, 2018 3:30 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Advances Proprietary Technology to Meet Rising Global Demand

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) is progressing eco-friendly, unique technology to meet the world’s ongoing energy needs. A recent article discussing the company reads: “The company’s focus is on technology development, but the just-launched Utah production at a site called Asphalt Ridge is serving as the small-scale real world application of Petroteq’s unique process and is expected to be at full extraction before the end of the current quarter. The company then plans to increase its 1,000 bpd output to 8,000 bpd within the next two years (http://ibn.fm/DUlSM) — a veritable drop in the bucket of oil productivity, but a…

MondayOct 08, 2018 12:20 pm

Petroteq Energy Inc.’s (TSX.V: PQE) (OTC: PQEFF) Pioneering Oil Extraction Technology Has the Industry Buzzing

Petroteq has commenced commercial production at its Asphalt Ridge oil extraction facility in Utah Initial production at Asphalt Ridge is anticipated to reach 1,000 barrels of oil per day, with production expected to increase to as much as 8,000 BPD by 2021 The company has been recently featured by various major news outlets, including The New York Times From Fox Business (http://ibn.fm/ypnVV) to The New York Times (http://ibn.fm/PEXV4), oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: A2DYWC) has been making headlines in a big way. What is all the buzz about? Petroteq has pioneered a sustainable and…

TuesdayOct 02, 2018 3:12 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Production Volume Continues to Increase

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) is ramping up its oil extraction in Utah through proprietary technology that could position the company to be an industry leader. A recent article discussing the company reads: “Petroteq expects to be at full extraction during the third quarter of this year and then to quickly increase its 1,000 bpd production to 8,000 bpd within the next three years (http://ibn.fm/3pDmP). While these production volumes won’t be setting any industry records, the proof of Petroteq’s technology’s viability and ecological friendliness would establish it as the first company to successfully turn out commercially profitable crude in…

MondayOct 01, 2018 11:17 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Almost Ready to Market Oil Extracted from Utah Facility

Asphalt Ridge facility approaching 1,000 barrel per day capacity Full-time production planned to begin by next month Company considering opportunities to share environmentally-friendly extraction technology through licensing or joint ventures Oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is on the verge of putting its oil on the market as it approaches 1,000 barrel per day capacity at its Asphalt Ridge oil sands extraction facility in Utah, according to the company president Dr. R. Gerald Bailey in a recent Uptick Newswire interview (http://ibn.fm/rxGQR). “We have not started making sales right at the moment; we’re storing oil in the…

FridaySep 28, 2018 10:12 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) CEO to Present at the Upcoming Microcap Conference

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated oil and gas company, this morning announced that company management will be presenting at The MicroCap Conference taking place at the JW Marriott Essex House in New York City on October 1-2, 2018. The conference is an exclusive event devoted to bringing small and micro-cap companies together with high-level, institutional and retail investors. David Sealock, CEO of Petroteq, will be presenting the corporate overview as well as discussing the company's recent highlights on October 1 at 9:00am ET at Track 4. Sealock will also be available for one-on-one meetings with registered…

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