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

October 14, 2019 11:30:28
  • 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 provide an update on its operating results and financial status

As the world is moving toward more environmentally-friendly processes, technological advancements like those introduced by Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) are becoming increasingly important for the oil field.

Petroteq’s Clean Oil Recovery Technology (CORT) makes it possible to extract oil from ground surface oil sands without the production of waste or greenhouse emissions. The technology also doesn’t require the use of water or…

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