QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Announces Successful Stage 1 Testing of CORT on Oil Sands Samples
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), a fully integrated surface oil sands mining oil company with proprietary technology, today announced the August 15, 2019 completion of Stage 1 laboratory testing with the oil sands samples provided by a separate Asian energy firm using its CORT. Per the update, preliminary Stage 1 test results demonstrated that Petroteq’s proprietary technology was able to recover a maximum oil content of approximately 20 percent saturation, with results that approach over 90 percent yield of heavy oil from the supplied surface minable heavy oil project samples. “While our primary focus is on completing…