Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Almost Ready to Market Oil Extracted from Utah Facility

October 1, 2018 10:30:23
  • Asphalt Ridge facility approaching 1,000 barrel per day capacity
  • Full-time production planned to begin by next month
  • Company considering opportunities to share environmentally-friendly extraction technology through licensing or joint ventures

Oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is on the verge of putting its oil on the market as it approaches 1,000 barrel per day capacity at its Asphalt Ridge oil sands extraction facility in Utah, according to the company president Dr. R. Gerald Bailey in a recent Uptick Newswire interview (

“We have not started making sales right at the moment; we’re storing oil in the tanks. But by the end of this month we should be back in the market and running full time on that plant. So, it will be a good revenue generator for us and further proof that this process is scalable and it’s not just something that’s a one-shot deal,” Bailey said, talking about his…

Read More>>

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization 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. 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 instant SMS alerts, text STOCKS to 77948

For more information, please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office