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Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

Energy Oil & Gas E&P
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

Petroteq Energy Inc
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Comment by BlueMetal75on Aug 09, 2019 6:58pm
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Post# 30013346

RE:Joining the conversation

RE:Joining the conversation Welcome to the board, OneUtah. Hope you will comment regularly.

As you probably know from reading my posts, I too have physically been to the Asphalt Ridge plant. Was a few months ago, back in May. In fact, I was personally given a guided tour of the plant by David Sealock himself (who was very generous with his time, which I very much appreciated). The operation is pretty impressive, as you well know from your firsthand experience.

You say you've done a lot of DD. I have as well. And my DD has indicated that the last of the needed new parts for the overhaul and upgrade of the plant should be arriving this month (if all goes to plan). Does your DD confirm this? What are you hearing about when we can expect production to restart?
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Dealroom for high-potential pre-IPO opportunities