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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

Bullboard Posts
Post by beauti1on Feb 08, 2018 3:27pm
54 Views
Post# 27528805

Patent

PatentHi NetworkNewsWire,
It seems you know just about everything about the company, a question I have is what is the situation with the pending Patent, which seem not so clear in the compny's website. I don't know how to understand the statement "Patent applications in the United States, Canada and China are progressing accordingly. These three countries' respective patent authorities are currently in communications stages with the Company. Petroteq is providing additional claim details, as well as altering some patent details for their approvals. Petroteq expects that by the end of 2016, all three countries will grant these patent applications. Once these patent claim changes are completed, Petroteq will be in the final patent claim stage for the United States, Canada and China.

Further updates will appear here for developments in all patent applications and patents grant" Any insight would be appreciated.

Bullboard Posts