QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Increasing its Foothold in the Utah Oil Sands Region
Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) remains focused on the development and implementation of proprietary technologies for the energy industry. The company intends to expand its oil extraction to over 8,000 barrels per day within three years. A recent article discussing the company reads: “Petroteq has been developing its United States- and Canada-patented technology at the Asphalt Ridge site with the aim of finalizing a process that boosts North American oil production through the distillation of oil-rich sands. The emphasis on environmental impact has created a process that is cost effective, produces no greenhouse gases and leaves no waste once…