QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Achieves Sales of High-Quality Heavy Oil from Asphalt Ridge Facility
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an oil sands mining and production company with proprietary technology that extracts hydrocarbons from oil sands without the use of water, today announced that it has achieved sales of high quality heavy oil from its Asphalt Ridge facility in Utah. According to the update, the company has the ability at its facility, using oil sands ores mined or extracted from Utah’s Asphalt Ridge area, to produce a crude oil that can range between a heavier oil and a medium oil in its specific gravity (i.e. an API gravity of 11 to 30…