Petroteq Energy Inc V.PQE.H

RE:RE:Goldman Sacks advises investors look at oil-sands stocks

[hintonkid]

I believe that the 500 to 600 bpd is the test limit for the plant after it is recommissioned.  Prior to the upgrades the plant was operating, for a time, at  a rate of about 1000 bpd at one shift per day.  I gather, that for a while they are going to operate the plant at 1 shift per day until they get the additional crews trained on the system so that they can graduate to a second shift.  You are right about them shooting for a goal of either expanding the plant to a 10,000 bpd  production rate by adding additional equipment or designing and building a new plant from scratch that can produce 10,000 bpd.  As you have indicated, in the new year they should be operating at an output of 1000 bpd.  It looks like they are on track with their objectives.