- Production ramp-up using Petroteq’s proprietary oil extraction technology generates interest in national media
- Company preparing to produce 1,000 barrels of oil per day with 8,000 bpd target set in two years as proof of technology concept
- Petroteq exploring licensing agreements and joint ventures, as well as expansion of its blockchain application
A buzz-worthy oil extraction operation in the bitumen-rich desert of northeastern Utah continues to build toward full-scale operation as energy industry insiders watch with growing interest to see if the mining technology developed by Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) will yield the anticipated benefits that it envisions.
“We have a very disruptive technology,” Petroteq CEO David Sealock told the New York Times in a…
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