Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is advancing in the oil and gas sector by employing its patented heavy oil processing and extraction technologies, which are environmentally safe and sustainable. An article discussing the company reads: “The company has made significant progress in developing proprietary technology in order to convert the oil-rich resources of Utah into energy. … The company’s groundbreaking oil extraction technology presents an environmentally safe and sustainable means of extracting heavy oils from oil sands, oil shale deposits and shallow oil deposits. This process produces zero greenhouse gas emissions, creates no waste, utilizes no water and does not require high temperatures or pressures. This continuous-flow, closed-loop technology enables the environment and the oil sands industry to work in harmony rather than opposition.”
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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. 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. 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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