NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) to Disrupt Industry with Pioneering Blockchain Initiative

April 9, 2018 09:51:39

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, continues to strategically invest in revolutionary endeavors. An article discussing the company reads: “With its patented and proprietary technologies that produce zero greenhouse gas and zero waste, Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) established itself as a pioneer in the environmentally safe extraction of heavy oils from oil sands and oil shale deposits. Petroteq is about to set another industry milestone with its new blockchain initiative, PetroBLOQ, to become the first blockchain-based platform developed exclusively for the supply chain needs of the oil and gas sector.”

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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. The company’s 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. The company also owns a minority stake in an exploration and production play located in southwest Texas held by Accord GR Energy Inc. 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 www.Petroteq.energy and www.PetroBLOQ.com.

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