- Petroteq is in the final stages of Phase 2 – 1,000 BOE/D expansion at its Asphalt Ridge facility in Utah
- Commissioning and start up for the Asphalt Ridge project is slated to begin in May
- Company’s patented heavy oil processing and extraction technologies are environmentally safe and sustainable
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is forging new roads in the oil and gas space with its patented heavy oil processing and extraction technologies. The company recently announced expansion progress at its Asphalt Ridge heavy oil extraction facility, which is located near Vernal, Utah, and which will implement the company’s proprietary extraction technology in converting Utah’s oil-rich resources into energy (http://nnw.fm/v1IVO).
Since its appointment of new CEO David Sealock, Petroteq has focused on final engineering, procurement and construction at the Asphalt Ridge facility in preparation for commissioning and…
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