NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Names New Advisory Board Member; Reports Outlook on Recent Industry News

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced the appointment of experienced energy technology investor David Kahn to its advisory board. As a member of Petroteq’s advisory board, Kahn will oversee due diligence on various technologies that the company considers adding to its IP portfolio. In addition, Petroteq also highlighted recent developments within the oil industry, Baytex Energy Corp’s (NYSE: BTE) $1.2 billion acquisition of rival Raging River Exploration Inc. and Nexen Energy’s recently announced $400-million expansion of its oil sands project in Alberta. Petroteq believes these developments are positive and reaffirm the company’s position on its own extraction process. “With the recent acquisition of a major oil producer in the unconventional oil extraction industry, as well as the planned expansions announced by Nexen Energy, we believe projected growth and sentiment within the unconventional oil and oil sands market is increasing,” Petroteq CEO David Sealock stated in the news release. “As we implement our technology to draw on oil resources in an environmentally friendly way, producing no greenhouse gases or waste, the belief in our system is reinforced. The oil industry is beginning to shift towards more environmentally friendly processes and we take pride at being at the forefront of that movement.”

To view the full press release, visit http://nnw.fm/WoTi4

About Petroteq Energy Inc.

Petroteq is a fully integrated oil and gas company focused on the development and implementation of a new proprietary technology for oil extraction. The company has an environmentally safe and sustainable technology for the extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq’s proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge heavy oil extraction facility located near Vernal, Utah. The company also owns a minority stake in an exploration and production play located in southwest Texas held by Accord GR Energy Inc. In addition, the company, through its wholly owned subsidiary PetroBLOQ, LLC, is seeking to develop the first blockchain based platform created exclusively for the supply chain needs of the oil & gas sector. For more information, visit www.Petroteq.energy and www.PetroBLOQ.com

More from NetworkNewsBreaks

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Issues Update on Sol-gel Program NetworkNewsBreaks – QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Significantly Expands Land Package; Engages Market Maker NetworkNewsBreaks – EVIO, Inc. (EVIO) Completes MRX Labs, LLC Acquisition

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More Press Releases

Statue honoring Chris Cornell to be erected in Seattle

Jul 20, 2018

SEATTLE — The late grunge pioneer Chris Cornell will be remembered in the city where he was born. Cornell's wife on Friday announced a statue will be erected Aug. 29 at Seattle's Museum of Pop Culture. The announcement comes on what would have been Cornell's 54th birthday. Vicky Cornell commissioned sculptor Nick Marras to create a life-size bronze statue of her late husband in his signature boots, dog tag and long locks. She says it is her family's gift to "the tight-knit community that gave him his start." The Grammy-winning lead vocalist for Soundgarden and Audioslave was found dead in...

With singer Mary Gauthier, military veterans find a voice

Jul 20, 2018

NEW YORK — There's a date on Josh Geartz's calendar that the former U.S. Army sergeant has been looking forward to for quite some time. Aug. 10 will mark Geartz's fourth retreat with the nonprofit SongwritingWith:Soldiers — his first session there in 2015 saved his life. Literally. "I'd already attempted suicide twice," the 38-year-old said, "both times were more of a reaction and wasn't a planned thing. It was more in the moment, like, 'All right, screw this.' So I was like, 'Third time's a charm. I'm going to get it right this time.' I had my plan. I knew...

A lifelong friendship fuels the chemistry of 'Blindspotting'

Jul 20, 2018

NEW YORK — Daveed Diggs was busy. Too busy. The actor was doing eight shows a week as Jefferson/ Lafayette in the Broadway sensation "Hamilton," and wasn't answering his emails. So there was only one thing his writing partner and creative soulmate, Rafael Casal, could do: Move across the country, and set up camp in Diggs' dressing room. "Every night, he'd just be there at intermission," Diggs laughs now. "He had to move to New York for us to maintain a level of creative output." With the opening this week of "Blindspotting," their Oakland, California-based, rap-infused feature film debut, the...

Mark Wahlberg buying auto dealership in Ohio

Jul 20, 2018

COLUMBUS, Ohio — Mark Wahlberg wants you to see the U.S.A. in a Chevrolet. The 47-year-old actor, producer, businessman and former rapper on Thursday announced he's launching his first car dealership, Mark Wahlberg Chevrolet in Columbus, Ohio. Wahlberg is partnering with businessman Jay Feldman, who owns eight Chevy dealerships throughout southeast and mid-Michigan. They say they've been friends for several years and became partners in Wahlburgers restaurants in Cleveland and Georgia. In a statement, Wahlberg says he's continuously looking for ways to innovate his brand and engage in businesses that's he's passionate about. He says he was inspired to "represent...

Thailand seeks control over movies about cave ordeal

Jul 20, 2018

BANGKOK — Thailand's military government wants to control how movies portray the ordeal of the young soccer players and their heroic rescue from a flooded cave that drew worldwide interest and the attention of foreign filmmakers. Culture Minister Vira Rojpochanarat said he will propose at next week's Cabinet meeting that a special committee be established to oversee the production of films, documentaries and videos related to the experiences of the 12 boys and their coach who were trapped in a cave for almost three weeks before being rescued. With the boys returned home, attention has turned to how the media...

Broaden News

Reporter Pass is the only access you need to get into Hollywood. No matter it’s the red carpet event or backstage access, we’ve got you covered.

Contact us: sales@reppass.com

Award ShowsCelebrityPaparazziRoyaltyMoviesMusicTelevision Programs Press Releases