Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Secures Licensing Contract for its CORT Oil Extraction Technology
Petroteq Energy has been developing a proprietary clean surface oil extraction technology that it expects to revolutionize the fuel industry Petroteq recently announced that Texas-based energy engineering services company Valkor has contracted Petroteq’s technology for its extraction plants, paying Petroteq associated royalties Petroteq expects the licensing of its technology to become a significant part of its business model Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is demonstrating the true potential value of the Clean Oil Recovery Technology (CORT) that it has developed for surface tar sands oil extraction in Utah’s rural eastern desert. The company announced July 2 that it…