NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Hosts Media Day, Initiates Production at Asphalt Ridge Oil Extraction Facility
Jun 19, 2018
Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has successfully unveiled its environmentally friendly heavy oil processing and extraction plant located at the Asphalt Ridge in Uintah Basin, Utah. In addition, company management leveraged the opportunity of this media day to commence production at the plant. Members of the press received a complete explanation and demonstration of the production process. Petroteq plans to hold a formal grand opening of the plant in September of 2018. “This event at the plant was a culmination of two years of hard work by our entire team and getting back into production is a tremendous accomplishment for Petroteq technically and organizationally, as well as the harbinger of value creation to come. We have worked hard to demonstrate our commitment to shareholders, through the completion of our facility, we have received our permits to produce oil at the Asphalt Ridge, we have developed a comprehensive mining plan and demonstrated that our expanded plant can produce oil. Our dedication and focus on re-launching our facility demonstrates our commitment to our investors who have supported us throughout this journey,” Petroteq Chairman Alex Blyumkin stated in the news release.
To view the full press release, visit http://nnw.fm/do01X
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 – EVIO, Inc. (EVIO) Names New Board Member NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) App Receives Approval from Galaxy App Store NetworkNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Reveals New Point of Sale Terminals, Updated NetoBit ApplicationAbout 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
[email protected]
More News
Katie Holmes 'looked like a deer in headlights' during Tom Cruise marriage, claims friend
Katie Holmes 'looked like a deer in headlights' during Tom Cruise marriage, claims friendJenny McCarthy has claimed that Katie Holmes seemed to change after she married Tom Cruise.McCarthy, 53, spoke on her podcast on Thursday with guest Ann Gallard Hill, who left the Church of Scientology in...
Quenton Tarantino Confirms He’s ‘Written a Script’ for His Tenth Film, But Won’t Pursue It Until ‘The Popinjay Cavalier’ Closes: ‘I Want’ to ‘Live a Little’
Quenton Tarantion has long said he’ll be retiring after his 10th feature film, but fans shouldn’t worry yet. While the “Pulp Fiction” director confirmed he’d finished penning the script to his final project, he won’t be getting much further with it until his newly opened play, “The Popinjay Cavalier,” closes. Tarantino made the statement on […]
Quentin Tarantino Confirms He’s ‘Written a Script’ for His Tenth Film, But Won’t Pursue It Yet Because He Wants to ‘Live a Little’
Quentin Tarantino has long said he’ll be retiring after his 10th feature film, but fans shouldn’t worry yet. While the “Pulp Fiction” director confirmed he’d finished penning the script for his final project, he won’t be getting much further with it until his newly opened play, “The Popinjay Cavalier,” closes. Tarantino made the statement on […]
Is Lyndsy Fonseca Single or Married? Her Husband Is Also a Famous Actor!
Lyndsy Fonseca plays Avery Clark in the new Hallmark Channel movie Holiday Touchdown: A Bears Love Story and you might […] The post Is Lyndsy Fonseca Single or Married? Her Husband Is Also a Famous Actor! appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Carrot Top Breaks Silence After Suicide Attempt
Carrot Top is expressing gratitude. Nearly a month after the comedian (real name Scott Thompson) was hospitalized in Las Vegas following a suicide attempt in Las Vegas, he spoke out for the first...
Jaime Pressly Defends ‘Mom’ Co-Stars As “Beautifully Flawed” After Chuck Lorre Memoir: “Incredible Cast Of Women”
After Anna Faris responded to Mom co-creator Chuck Lorre’s professional criticisms, Jaime Pressly has chimed in. The actress, who played recovering addict Jill Kendall on the CBS sitcom, defended her co-stars as “an incredible cast of women” after Lorre wrote in his memoir Sitcom that he “was, in fact, right” about his reluctance to cast […]
No Kings Instagram Account Disappears Amid Nationwide Trump Protests
“Meta must answer for this suspension and take immediate steps to ensure it never happens again — to any account,” the No Kings coalition says The post No Kings Instagram Account Disappears Amid Nationwide Trump Protests appeared first on TheWrap.
Who is Robert Buckley’s Wife? Meet the Hallmark Actor’s Longtime Love!
Robert Buckley is back on Hallmark Channel for one of the network’s most-exciting Christmas movies of 2026 and fans will […] The post Who is Robert Buckley’s Wife? Meet the Hallmark Actor’s Longtime Love! appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Clive Barker Teases ‘Hellraiser: Revival’ Video Game Has Reignited “Many Ideas” For Film Franchise: “Planning To Keep My Fingers In That Pie”
Nearly 40 years after first opening the Lament Configuration on screen, Clive Barker is ready to explore pain and pleasure again in the Hellraiser film franchise. With the recent release of the Saber Interactive’s Hellraiser: Revival video game, the writer/director of the original 1987 horror movie, which was based on his own book, teased that […]
Jenna Dewan and Val Chmerkovskiy suffer major setback in 'DWTS'
Jenna Dewan and Val Chmerkovskiy suffer major setback in 'DWTS'Val Chmerkovskiy will not dance on Dancing with the Stars next week after a social media post that the show called inappropriate. The series says it is the first suspension of a pro in its history.Chmerkovskiy, 40, shared the news on...
James McAvoy Says ‘Split’ Is The Only Film That ‘Really Consistently Pays Me’
James McAvoy has starred in films including “Speak No Evil,” “Atonement” and “X-Men: First Class,” but he recently revealed the “only” film he still consistently receives residuals from is M. Night Shyamalan’s 2016 horror “Split.” “You get the odd check for, you know, a couple 100 quid here or sometimes you get checks for, like, […]
Here’s Where to Buy New York Knicks Home Opener Tickets at Madison Square Garden Online
With the start of the NBA only a few days away, the hottest ticket in New York City is to the Knicks home opener at Madison Square Garden on Tuesday, Oct. 20. Since winning the NBA Finals against the San Antonio Spurs back in June, the Knicks have become the toast of New York with […]
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.