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Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

Petroteq Energy Inc. is a clean technology company. The Company is focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The Company's subsidiary, Petroteq Energy CA Inc. (PCA), is engaged in the business of exploring for, extracting and producing oil and hydrocarbon products from oil sands deposits and sediments located in the Asphalt Ridge area of Uintah County, Utah. The Company specializes in oil production with ancillary offerings in mining and sand remediation. The Company's clean oil recovery technology (CORT) is used at its Asphalt Ridge Plant to extract and produce crude oil from oil sands utilizing a closed-loop solvent-based extraction system.


TSXV:PQE.H - Post by User

Post by ScarletSpideron Sep 27, 2022 11:52pm
236 Views
Post# 34991182

I Think This Company Should Seriously Consider

I Think This Company Should Seriously Consider
the mining sphere for gold silver and any metals conducive to electrification. I have decried that the oil and gas sectors seem to be the only sectors being penalized while others that feed electrification don't appear to have anywhere the same restrictions which is absolutely absurd. The company's solvents as I mentioned appear to be utilized in the same manner as sixw eti and others like them. Granted I don't know the specifications of the solvents but given the ridiculous restrictions placed on oil and gas and not others and to simply diversify utilizing existing tech this may be a good and viable option. This is not to say it can't do both concurrently because this is what the company is doing anyways. If they test to see how the solvent dissolves and separates say an ore with bitumen and a comparable sized ore of the other metals and gage the recovery just simply make the test fair and simple they can see if the solvents will be equally effective more effective less effective. The company doesn't have anything to lose just run a simple test on one chunk of whatever it is. I think it is absolutely stupid and unfair for rules to be so different between industries and at this point quite honestly eti and sixw with their solvents are finding nominal success but people are definitely moving to these so who knows. I just thought about this and why not? Regardless let's see where things continue to go. Who knows maybe the management may have thought about this but haven't moved there yet however it can make them more marketable and desirable if it works. I don't think they have anything to lose to even see out of curiosity. Let's put it this if they get into this at some point I won't be surprised makes absolute sense....but folks this is just my throwing this out not saying this will happen but it makes massive sense that all.
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