QualityStocksNewsBreaks – Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Patented Extraction Process Reduces Environmental Impact
Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF), an oil and gas industry technology innovator, is developing a surface-oil extraction process that lowers the effects on the environment. An article discussing PQEFF reads, “Petroteq’s patented process produces heavy oils squeezed from surface pockets of bituminous shale in a closed-loop ‘clean’ cycle that avoids many of the financial risks and uncertainties associated with exploring for crude sources deep underground. In particular, once a surface asphalt resource has been visually identified, there is no significant investment risk on the company’s part related to exploration, because the extent of the resource is already known prior…