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

December 9, 2019 11:20:18

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 has produced an average 80 barrels of sales oil in 12-hour process shifts – a total of 10 days of the 14 day period, as well as an average of 150 barrels of sales oil in 12-hour process shifts over the last two days. Petroteq also announced plans to host its inaugural Investor Call, with a management question and answer session. Petroteq CEO David Sealock will host the call, scheduled to take place at 11 a.m. Central Time on Tuesday, December 17, 2019. Interested parties may access the call by dialing (877) 407-3982 or (201) 493-6780 (international callers). A replay will available shortly after the call and until December 24, 2019 and may be accessed by dialing (844) 512-2921 or (412) 317-6671 (international callers) and entering passcode:13697142.

To view the full press release, visit http://nnw.fm/F4Cax

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 and bitumen 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. Its 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 and processing facility located near Vernal, Utah. For more information, visit the company’s website at www.Petroteq.energy

NOTE TO INVESTORS: The latest news and updates relating to PQEFF are available in the company’s newsroom at http://nnw.fm/PQEFF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company 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. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. 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 SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

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
[email protected]

NetworkNewsWire is part of the InvestorBrandNetwork.