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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 > Time for news?
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Comment by stocksweson Mar 01, 2021 2:02pm
244 Views
Post# 32686783

RE:RE:Time for news?

RE:RE:Time for news?Agreed as well. Quick search of Utah state oil royalties records - no report for a company called Petroteq to have produced any oil in Utah in 2019 or 2020.  But, there is news release saying they did make oil. Company call Petrotech made 1220 bbls oil in 1984!

if you make oil, you have to reprot to state so they can get their royalty cut.

So..... either solvent smoke and oil sheen mirror that any produciotn was done or they just never reported to the state regulator they were making oil !!
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