Petroteq Energy Inc. PQEFF Archives - Page 9 of 18

ThursdaySep 27, 2018 10:41 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Commences Commercial Production at Asphalt Ridge Facility; Posts Statement From the CEO

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated oil and gas company, this morning announced the commencement of commercial production at its Asphalt Ridge plant in Vernal, Utah. Petroteq intends to increase production at the Asphalt Ridge plant at a rate of an additional 10% of total capacity each week until it reaches its target of 1,000 bpd. Transport of the oil off site is subject to the company receiving a business permit, which is expected in the coming weeks. Additionally, Petroteq published a statement from the company’s CEO, David Sealock. “Our “Asphalt Ridge” asset has (from time to…

WednesdaySep 19, 2018 3:15 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Engages Software Engineering Firm to Create Blockchain Applications for PetroBLOQ

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) recently engaged a software engineering firm to develop blockchain applications for its PetroBLOQ platform (http://ibn.fm/q6h1a). A recent article discussing the company reads: “MetzOhanian, a Texas-based software development and security firm, specializes in building blockchain solutions. Petroteq intends to use blockchain technology to improve efficiency and transparency in its supply chain, leading to major cost savings and enhanced security and trust. … A number of industry experts believe that blockchain will play a major role in boosting the oil industry’s profitability (http://ibn.fm/tF83x). Specifically, using blockchain technologies in supply line management could reduce inefficiencies that currently cost the…

WednesdaySep 19, 2018 11:21 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Maintains Focus on Becoming First Environmentally Friendly Oil Sands Mining Facility

U.S. Energy Information Administration estimates that about 50 percent of total U.S. crude oil production in 2017 was produced directly from tight oil or oil embedded in low-permeable shale, sandstone and carbonate rock formations Petroteq’s patented clean technology extracts heavy oil from oil sands, oil shale deposits and shallow oil deposits in environmentally safe and sustainable method Advanced technologies and efficiencies for extraction of oil and gas from liquid-rich shale credited with moving U.S. back to top of global energy sector Petroteq preparing to produce 1,000 barrels of oil per day, with 8,000 bpd target Continuity testing complete as Petroteq…

FridaySep 14, 2018 1:41 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Approaches Full Capacity Oil Extraction at Asphalt Ridge Facility

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is focused on reaching and expanding production capacity at its Asphalt Ridge heavy oil extraction facility in Utah. A recent article discussing the company reads: “Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), a company actively proving its environmentally friendly, proprietary oil extraction technology, has announced the completion of continuity testing as it builds up to full capacity extraction of 1,000 barrels of oil per day utilizing the technology at its Asphalt Ridge facility in Utah’s desert tar sand-rich desert.” To view the full article, visit http://ibn.fm/YF2V4 About Petroteq Energy Inc. Petroteq…

ThursdaySep 13, 2018 10:45 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Advances Unique Technology for Extracting Oil in Ecologically Friendly Manner

Governments worldwide addressing concerns about global climate changes by enacting policies that affect oil and gas industry-related businesses Petroteq Energy advancing ecologically sound, unique technology to supply world’s ongoing energy needs Petroteq ramping up proof of concept production of 1,000 bpd in Q3, with plans to boost it to 8,000 bpd by 2020 Amid concerns worldwide about the deleterious effects of pollutants on the planet’s ecosystems, oil and gas industry players such as Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) continue building the visibility of their efforts to be environmentally conscious, and Petroteq’s current real-time rollout of proprietary technology that…

WednesdaySep 12, 2018 11:49 am

For Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF), Proof of its Revolutionary Tech is in the Asphalt

Petrotech ramping up oil extraction in Utah through proprietary technology that could put it in industry-leading position Company expects full extraction level to show tech’s capability to clean oil sands in zero-harm loop that boosts environment, industry profits Petroteq plans to begin proof of concept with 1,000 bpd production in Q3, boost to 8,000 bpd by 2020 in region with nation’s largest oil sand deposits For oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF), the proof of its new nature-loving extraction technology is in the oil sand “asphalt” that it is beginning to harvest in…

MondaySep 10, 2018 11:58 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Hires Software Development Firm to Develop Blockchain Applications for PetroBLOQ

Texas-based MetzOhanian specializes in developing blockchain solutions Petroteq believes that blockchain technology will create huge savings and increase trust Industry experts predict that blockchain applications could increase oil industry profits Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF), a company that develops and implements new technologies for the energy industry, has engaged a software engineering firm to create blockchain applications for its PetroBLOQ platform, according to a company press release (http://ibn.fm/q6h1a). MetzOhanian, a Texas-based software development and security firm, specializes in building blockchain solutions. Petroteq intends to use blockchain technology to improve efficiency and transparency in its supply chain, leading to…

TuesdaySep 04, 2018 10:32 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) CEO to Present at 20th Annual Rodman & Renshaw Global Investment Conference

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) this morning announced that it will be presenting at the 20th Annual Rodman & Renshaw Global Investment Conference sponsored by H.C. Wainwright & Co., LLC. The conference will be held on September 4-6, 2018, at the St. Regis New York Hotel in New York City. Per the update, David Sealock, CEO of Petroteq, will present at the event and discuss Petroteq’s recent highlights, including its finalization of continuity testing at its Asphalt Ridge facility, its entry into a non-binding LOI to pursue additional acreage and resources in Utah and other updates. Sealock will…

WednesdayAug 29, 2018 3:27 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Sees Great Market Potential for Heavy Oil Product

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) believes the strategic placement of its Asphalt Ridge Facility could prove advantageous for the company’s heavy oil product. A recent article discussing the company reads: “Petroteq believes that its heavy oil product has promising market potential, as the company’s Asphalt Ridge Facility is located in close proximity to major oil refineries in Utah. The company anticipates pricing to closely track that of West Texas Intermediate, as refiners are already accustomed to purchasing and using Utah heavy oil as part of their refining mixes. … As Petroteq progresses in its operational activities, primary aspects of…

FridayAug 24, 2018 11:25 am

New York Times Article Covers Petroteq Energy Inc.’s (TSX.V: PQE) (OTC: PQEFF) Plans To “Unlock Billions of Barrels of Oil from Utah’s Sands”

Production ramp-up using Petroteq’s proprietary oil extraction technology generates interest in national media Company preparing to produce 1,000 barrels of oil per day with 8,000 bpd target set in two years as proof of technology concept Petroteq exploring licensing agreements and joint ventures, as well as expansion of its blockchain application A buzz-worthy oil extraction operation in the bitumen-rich desert of northeastern Utah continues to build toward full-scale operation as energy industry insiders watch with growing interest to see if the mining technology developed by Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) will yield the anticipated benefits that…

Site Search

Company Search

Tag: Petroteq Energy Inc. PQEFF