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Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

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

Comment by ScarletSpideron Sep 27, 2022 1:15pm
149 Views
Post# 34989841

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Petroteq & Valkor

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Petroteq & Valkor
despite oil being out of favor the reality is until the alternatives can be successfully implemented in a way broader scale the best option is oil and gas. With production and supply slow downs trying to get the best alternative energy which is as effective as fossil fuels there is a long ways to go. It is simply stupid in many ways to throw the baby out with the bath water. In fact as I may have stated here a lot of the so called green energy is just as bad if not worse than oil and gas on a net result basis. It is short sighted and totally misrepresenting green energy without fully taking the production cycle fully into account. I used to be hugely against oil and gas but when I held solar shares for over 7 years along with hydrogen companies well all energy have their huge short comings so only to demonize one and over and misrepresent others is criminal. Even crypto is as if not more destructive than oil and gas yet there is no huge and unrealistic restrictions placed on them. If governments want to be fair minded and regulate things properly if you put unrealistic and crippling restrictions on one sector you need to do the same to others which are equal if not as bad in carbon emission and pollution regardless of where that effects us...air water ground etc. You can't have double standards here and on top of it unrealistic carbon reduction goals. It is the governments that stupidly created things that resulted in oil and gas losing favor where in truth things like electrification solar etc are not all that they seem to be. What is heavily needed is fair and impartial scientific bodies that assess every possible energy source and fairly assess them on net carbon impact from the start of production to end and what I am willing to bet is that all sources will be pretty equal to the other. I highly doubt oil and gas will be stomped out but will likely be reduced and energy sources more balanced in an energy mix which draws on strengths from each one trying to compensate for the weaknesses. In other words it will not be all solar hydrogen etc etc I don't believe that will ever happen definitely not in my life anyways. But I am a lay person and the one thing I am betting heavy on is oil and gas which has been greened. I would not have bought shares in any other way. I love the process here as well as in another company I hold and by personal philosophy am fully ok with this holding. Monetary wise I have been bitten by clean tech but the fault lies with my not handling the shares properly as I was quite heavily up in some and ended up losing when I shouldn't have. Regardless awesome discussion and now as I said I need to figure will I roll the dice and be full in as I am with my other oil and gas holding or will I turn tail on some I don't know as of yet although the plan is just to hunker down as I am with the other. Well great to see a constructive exchange here and hopefully they remain so with facts.
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