Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Awaits News on Nasdaq Application, Readies for Full Production at Asphalt Ridge Site
Petroteq in final-stage reliability tests prior to launching 1,000 barrels per day production in Utah this month Company fully funded for launch operations using proprietary environmentally friendly process Company expects to boost extraction to 8,000 barrels per day by 2020 or 2021 Successful production ramp up would make company the first to commercially produce oil from tar sands Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FRANKFURT: A2DYWC) is staying busy as it awaits news about its application to uplist from the OTC Market to the Nasdaq Capital Market. The proprietary technology developer for the oil and gas extraction industry is…