NetworkNewsBreaks – 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://nnw.fm/6JwoK

About Petroteq Energy Inc.

Petroteq is a fully integrated oil and gas company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Our proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge heavy oil extraction facility located near Vernal, Utah. In addition, the Company, through its wholly owned subsidiary PetroBLOQ, LLC, is seeking to develop the first blockchain based platform created exclusively for the supply chain needs of the oil & gas sector. For more information, visit the company’s website at www.Petroteq.energy

More from NetworkNewsBreaks

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses LastMile Delivery in Interview on MoneyTV NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Details Plans for $25M Public Offering NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Market Cap Surpasses $2 Billion

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From Morning Dispatcher

PM of Iraq's Kurdish region meets top officials in Baghdad

Jul 17, 2019

BAGHDAD — The newly confirmed prime minister of Iraq's self-ruled Kurdish region is meeting with top officials on his first visit to the Iraqi capital since he was named to the post last month. Masrour Barzani met with Iraqi Prime Minister Adel Abdul-Mahdi and was later received by the Iraqi president during the visit, which was meant to convey a "goodwill message" from Barzani's new Cabinet. The visit comes nearly two years after a vote for independence in the Kurdish region sparked a punishing backlash from Baghdad and left Kurdish leaders deeply divided. A statement issued Tuesday said Barzani would...

Concern grows over UAE-based oil tanker in Strait of Hormuz

Jul 17, 2019

DUBAI, United Arab Emirates — Tracking data shows an oil tanker based in the United Arab Emirates traveling through the Strait of Hormuz drifted off into Iranian waters and stopped transmitting its location over two days ago, raising concerns Tuesday about its status amid heightened tensions between Iran and the U.S. It wasn't clear what happened to the Panamanian-flagged oil tanker Riah late Saturday night, though a U.S. defense official told The Associated Press that America "has suspicions" Iran seized the vessel. There was no immediate comment from Tehran. However, its last position showed it pointing toward Iran. Oil tankers...

The Latest: Greek Cypriots reject joint gas drilling panel

Jul 17, 2019

ANKARA, Turkey — The Latest on Turkey and the sanctions approved by the European Union over the dispute about drilling near Cyprus (all times local): 4:20 p.m. Greek Cypriot leaders on ethnically split Cyprus have turned down a renewed proposal by breakaway Turkish Cypriots to form a joint committee on managing natural gas discovered offshore the east Mediterranean island nation. Deputy Minister Vasilis Palmas says the proposal by Turkish Cypriot leader Mustafa Akinci detracts from the substance of Cyprus' political problem and the need for an immediate resumption of reunification negotiations. Speaking after Tuesday's leaders' meeting chaired by President Nicos...

Turkey: EU sanctions over gas drilling 'worthless'

Jul 17, 2019

ANKARA, Turkey — Turkey on Tuesday rejected as "worthless" an initial set of sanctions approved by the European Union against Ankara, and vowed to send a new vessel to the eastern Mediterranean to reinforce its efforts to drill for hydrocarbons off the island of Cyprus. EU foreign ministers on Monday approved sanctions against Turkey over its drilling for gas in waters where EU member Cyprus has exclusive economic rights. They said they were suspending talks on an air transport agreement, as well as high-level Turkey-EU dialogues, and would call on the European Investment Bank to review its lending to the...

Building collapse kills 12 in India after monsoon rains

Jul 17, 2019

NEW DELHI — Eleven soldiers were among a dozen bodies recovered from the debris of a three-story building that collapsed after monsoon rains hit a hilly area of northern India, officials said Monday. Rescuers were looking for two to three people still unaccounted after Sunday's collapse, said Gaurav Srivastav, an official from the National Disaster Response Force, or NDRF. Fire official Raja Ram Bhagate said the dead included 11 army soldiers who were having a party in a ground floor restaurant in the building when it collapsed. One civilian also was killed. Several soldiers were among the 31 people rescued...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress