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 Apprenticeon Jan 10, 2020 12:37pm

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Post# 30539284

RE:Cash flow positive, this quarter

This company promised a lot over the last quarters and years! Slowly but steadily I doubt that the CORT technology works on mass production and Mr. Sealock ist telling us the complete truth.

Unfortunately - let’s see how this quarter will work out and if the positive cash flow will arrive ?

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