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.

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Petroteq Energy Inc

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Comment by BlueMetal75on Aug 21, 2019 4:08am

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Post# 30049214

RE:RE:RE:RE:RE:RE:RE:RE:RE:Something else to keep in mind

Teakbois wrote: Before you try and tell me it cant happen look at the chart below. Oil could easily drop 15-20 dollars before the years end.

https://schrts.co/TnhYmFVh

And recall that our predictions were for the AVERAGE price of WTI in 2019. Since its average so far this year is almost $60, and since the year is now two-thirds over, for it to hit your prediction of a $40 per barrel average, it would need to fall to below $20 right now...and stay there for the rest of the year. And that's just to hit an average of $40 - forget about $30!

Just. Admit. You. Were. Very. Very. Wrong. While I was spot on.

We all know it anyway. Really, it's OK to admit it, old chap.

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