October 8, 2018 - 11:45 AM EDT
Print Email Article Font Down Font Up Charts

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://nnw.fm/6esO7) to The New York Times (http://nnw.fm/dwNn3), 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 environmentally safe technology for extracting heavy oils from oil sands, oil shale deposits and shallow oil deposits—the first of its kind in the industry.

In a recent published statement from CEO David Sealock, the company announced that it has commenced commercial production at its Asphalt Ridge facility in Utah utilizing this game-changing technology, is approaching a production capacity of...

Read more »

More from NetworkNewsWire

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.

To receive instant SMS alerts, text STOCKS to 77948

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


Source: NetworkNewsWire (October 8, 2018 - 11:45 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice