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NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Closing of Financing, Expansion Plans for Asphalt Ridge Facility

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated clean technology company with proprietary technology‎ for soil remediation and oil ‎extraction, today announced that it has issued to an arm’s length lender a US$750,000 principal amount (including a 20% original issue discount) unsecured convertible debenture, and warrants exercisable for up to 3,676,470 common shares of … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Closing of Financing, Expansion Plans for Asphalt Ridge Facility”

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Releases Update on Oil Production and Oil Quality Baseline

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) , a fully integrated oil company focused on the development and implementation of its new proprietary technology for oil extraction with producing assets at Asphalt Ridge near Vernal Utah, today announced that, since last reported, it has increased its daily average oil production and made changes to its facility’s … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Releases Update on Oil Production and Oil Quality Baseline”

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Update on Oil Production and Oil Quality Baseline, Plans to Host Inaugural Investor Call

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) , an oil sands mining and production company having a proprietary technology that extracts hydrocarbons without the use of water, today announced an update on oil production and the facility’s oil quality baseline. Among the updates, Petroteq reported that, since completion of automation on November 25, 2019, the facility … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Update on Oil Production and Oil Quality Baseline, Plans to Host Inaugural Investor Call”

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Announces Anticipated Automation Completion Date

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an oil sands mining and production company with proprietary technology that extracts hydrocarbons from oil sands without the use of water, today announced that it will complete the automation of certain processes at its Asphalt Ridge processing facility in Utah on or around November 20th, 2019. Valkor … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Announces Anticipated Automation Completion Date”

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Achieves Continuous Production Level Standards, Touts Crude Oil’s Quality

Oil and gas industry technology developer Petroteq Energy has achieved continuous production standards in oil extraction, processing and sales levels at its Asphalt Ridge site following a temporary shutdown for equipment modifications The company’s flagship Clean Oil Recovery Technology (CORT) is an environmentally friendly process for extracting cleaner fuels at the Utah site Crude extracted … Continue reading “Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Achieves Continuous Production Level Standards, Touts Crude Oil’s Quality”

Petroteq Energy Inc.’s (TSX.V: PQE) (OTC: PQEFF) Closes Equity Financing, Invests Proceeds in Its Innovative Extraction Technology

First announced in September 2019, the equity financing generated proceeds of $500,000 The financing is part of an ongoing effort to secure the capital required to enhance the company’s Asphalt Ridge oil extraction processes Extraction operations were recently resumed at Asphalt Ridge after facility upgrades Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) announced on October … Continue reading “Petroteq Energy Inc.’s (TSX.V: PQE) (OTC: PQEFF) Closes Equity Financing, Invests Proceeds in Its Innovative Extraction Technology”

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Achieves Sales of High-Quality Heavy Oil from Asphalt Ridge Facility

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an oil sands mining and production company with proprietary technology that extracts hydrocarbons from oil sands without the use of water, today announced that it has achieved sales of high quality heavy oil from its Asphalt Ridge facility in Utah. According to the update, the company has … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Achieves Sales of High-Quality Heavy Oil from Asphalt Ridge Facility”

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Achieves Stabilized Production, Sales of Heavy Oil from Asphalt Ridge Facility

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated surface oil sands clean recovery mining oil company with proprietary technology, today announced that it has achieved stabilized production rates and sales of heavy oil from its Asphalt Ridge Facility in Utah. According to the update, the company has achieved the following since re-commissioning the plant … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Achieves Stabilized Production, Sales of Heavy Oil from Asphalt Ridge Facility”

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Completes Maintenance, Resumes Production at Asphalt Ridge

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated, surface oil-sands, clean-recovery mining oil company with proprietary technology, recently resumed production at its eastern Utah Asphalt Ridge facility following upgrades to improve its equipment’s ability to separate coarse sands and extract fluids, and then return the cleaned sands to the ground. An article discussing the … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Completes Maintenance, Resumes Production at Asphalt Ridge”

Facility Upgrades Strengthen Petroteq Energy Inc.’s (TSX.V: PQE) (OTC: PQEFF) Ability to Employ Clean Oil Recovery Technology

Petroteq resumed oil production in Utah following a facility upgrade aimed at maximizing production capacity The company’s clean oil extraction technology is much more environmentally friendly and capable of bringing down production costs per barrel in comparison to similar technologies The company announced that it will be holding a conference call in December 2019 to … Continue reading “Facility Upgrades Strengthen Petroteq Energy Inc.’s (TSX.V: PQE) (OTC: PQEFF) Ability to Employ Clean Oil Recovery Technology”

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