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…