reports
Petroteq Energy Inc. Announces Upsize of Non-Brokered Private Placemen...
Petroteq Energy Inc. Announces Upsize of Non-Brokered Private Placement and Amendment to Warrant Terms SHERMAN OAKS, CA, Oct. 11, 2022 (GLOBE NEWSWIRE) -- via – Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV:PQE; OTC PINK:PQEFF; FSE:PQCF), an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce its intention to increase the size of its previously announced non-brokered private placement (the “Private Placement”) of units (each, a “Unit”), from C$80,000 to C$120,000. The Company has ...
Corporate Update From New Chief Executive Officer Ron Miles
Corporate Update From New Chief Executive Officer Ron Miles SHERMAN OAKS, CA, Sept. 30, 2022 (GLOBE NEWSWIRE) -- via – Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV:PQE) (OTC PINK:PQEFF) (FSE:PQCF), an oil company focused on the development and implementation of its proprietary oil extraction and remediation technologies provides the following update from its New Chief Executive Officer. Petroteq has developed a proprietary technology to extract oil from its reserves in Utah, and has demonstrated in pilot projects the viability of its patented technology (CORT) to ext...
Petroteq Energy Inc: 1 director bought
A director at Petroteq Energy Inc bought 1,000,000 shares at 0.050USD and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
Petroteq Provides Shareholder Update and Announces Additional Debt Con...
Petroteq Provides Shareholder Update and Announces Additional Debt Conversion SHERMAN OAKS, Calif., Aug. 26, 2020 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is pleased to distribute this shareholder update regarding recent transactions relating to the Company. Background Information Valkor Energy Services LLC (“Valkor”) has been a strategic partner of Petroteq for a number of years – their d...
Petroteq Announces Hiring of New Chief Operating Officer
Petroteq Announces Hiring of New Chief Operating Officer SHERMAN OAKS, Calif., Aug. 18, 2020 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is pleased to announce that George Stapleton has joined Petroteq as Chief Operating Officer. Mr. Stapleton brings over forty years of experience in all aspects of design, construction, fabrication and project management for onshore and offshore plant and energy...
Petroteq Announces Significant Insider Investment and Shares for Debt ...
Petroteq Announces Significant Insider Investment and Shares for Debt Transactions SHERMAN OAKS, Calif., July 20, 2020 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is pleased to announce that both Valkor Engineering and Petroteq’s Chairman Alex Blyumkin have agreed to invest in the Company at a premium to the public market price of its common shares. Mr. Blyumkin has delivered an irrevocable subs...
Petroteq Reaches New Production Milestone of 300 bbls/day and is Now O...
Petroteq Reaches New Production Milestone of 300 bbls/day and is Now Operating on a Break Even Basis at Its Asphalt Ridge Plant SHERMAN OAKS, Calif., March 02, 2020 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is pleased to announce that after a scheduled temporary maintenance shutdown in January 2020, during which various process improvements and adjustments were completed, it re-commenced...
Petroteq Announces Closing of Financing, Production Increases at the E...
Petroteq Announces Closing of Financing, Production Increases at the Existing Facility to Reach Profitability and Expansion Plans for New 3,000 Barrel Facility SHERMAN OAKS, Calif., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), a fully integrated clean technology company with proprietary technology for soil remediation and oil extraction, announces that it has issued to an arm’s length lender a US$750,000 principal amount (including a 20% original issue discount) unsecured convertible debenture, and warrants exer...
Petroteq Announces Results of AGM and Expands Board of Directors
Petroteq Announces Results of AGM and Expands Board of Directors SHERMAN OAKS, Calif., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an oil sands mining and production company having a proprietary technology that extracts hydrocarbons from oil sands without the use of water, is pleased to announce that its shareholders (the “Shareholders”) have voted at the annual and special meeting of Shareholders (the “Meeting”) in favor of all matters put to Shareholders at the Meeting. All annual matters that were put befo...
Petroteq Announces Update on Oil Production and Oil Quality Baseline
Petroteq Announces Update on Oil Production and Oil Quality Baseline SHERMAN OAKS, Calif., Dec. 16, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), is a fully integrated oil company focused on the development and implementation of its new proprietary technology for oil extraction with producing assets at Asphalt Ridge near Vernal Utah, is pleased to announce that since last reported it has increased its daily average oil production and made changes to its facilities oil quality baseline. Since December 9, 2019, Petroteq Energy ...
Petroteq Announces Update on Oil Production and Oil Quality Baseline
Petroteq Announces Update on Oil Production and Oil Quality Baseline Also: Instructions for Upcoming Corporate Shareholder Call SHERMAN OAKS, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an oil sands mining and production company having a proprietary technology that extracts hydrocarbons without the use of water, is pleased to announce an update on oil production and the facilities oil quality baseline. Since November 25, 2019, when the automation was completed, Petroteq is pleased to report that: The fac...
Petroteq Announces Completion of Automation, Strategic Account Payment...
Petroteq Announces Completion of Automation, Strategic Account Payment Structure With Valkor Oil and Gas and Appoints New Advisory Board Member NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. SHERMAN OAKS, Calif., Nov. 20, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an oil sands mining and production company having a proprietary technology that extracts hydrocarbons from oil sands without the use of water, is plea...
Petroteq Reports Planned Automation Completion Date
Petroteq Reports Planned Automation Completion Date SHERMAN OAKS, Calif., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), an oil sands mining and production company, is pleased to announce that the Company will complete the automation of certain processes at its Asphalt Ridge processing facility in Utah (the “Plant”) on or about November 20th, 2019. The Company’s automation of the front end processes at the Plant, consisting primarily of the sand separation process, oil quality process and centrifugal process, is bein...
Petroteq Achieves Higher Oil Quality
Petroteq Achieves Higher Oil Quality SHERMAN OAKS, Calif., Oct. 29, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), an oil sands mining and production company having a proprietary technology that extracts hydrocarbons from oil sands without the use of water, is pleased to announce that the Company has achieved sales of high quality heavy oil from its Asphalt Ridge facility in Utah. Three important characteristics in comparing the qualities of different crude oils are specific gravity (API gravity), the amount of base sedim...
UPDATE - Petroteq Achieves Continuous Production
UPDATE - Petroteq Achieves Continuous Production SHERMAN OAKS, Calif., Oct. 21, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated oil sands mining and oil production company, is pleased to announce that the Company has achieved continuous production in the quantities of oil extracted, processed and sold at its Asphalt Ridge Facility in Utah (the “Plant”). Following the completion of certain design changes at the Plant and the installation of additional equipment to fulfill the design changes, the Company has ac...
Petroteq Announces Recommencement of Production at Asphalt Ridge Facil...
Petroteq Announces Recommencement of Production at Asphalt Ridge Facility SHERMAN OAKS, Calif., Sept. 24, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands clean recovery mining oil company with proprietary technology, is pleased to announce that the Company has recommenced production today from the Asphalt Ridge Facility in Utah. Completing the planned equipment modifications to the sand separation process, fluid extraction process, and the clean sand production process, marks a significant ...
Petroteq Reports Positive Progress for its Proposed Vernal, Utah Plant...
Petroteq Reports Positive Progress for its Proposed Vernal, Utah Plant 3,000 Barrel Expansion SHERMAN OAKS, Calif., Aug. 29, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands mining oil company with patented - proprietary clean oil recovery technology (CORT), is pleased to announce that the 30-day comment period for the Company’s 3,000 barrel per day expansion permit has ended and the State of Utah, Department of Oil, Gas, and Mining Division (UDOGM) did not receive any comments on the Compan...
Petroteq Achieves Milestones in Emerging International Opportunities
Petroteq Achieves Milestones in Emerging International Opportunities Receives Positive Lab Results on the Recovery of Oil from International Ore Samples Successful Testing Completed proving Oil Extraction and Recovery with QEM SHERMAN OAKS, Calif., Aug. 19, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands mining oil company with proprietary technology, is pleased to announce that the Stage 1 laboratory testing with the oil sands samples provided by a separate Asian energy firm using the Co...
Petroteq Announces Effectiveness of Form 10 Registration Statement
Petroteq Announces Effectiveness of Form 10 Registration Statement Sherman Oaks, CA, July 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- (“Petroteq” or the “Company”) (; ; ), a fully integrated oil and gas company, announced today that its Form 10 Registration Statement as filed with the U.S. Securities and Exchange Commission (the “SEC”) became effective on July 12, 2019. Following the effective date, the Company will be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended. This means the Company will begin filing annual reports with the SEC on For...
Petroteq Announces Technology Licensing Agreement
Petroteq Announces Technology Licensing Agreement SHERMAN OAKS, Calif., July 02, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTC: PQEFF; FSE: PQCF), a fully integrated surface oil sands mining oil company with proprietary technology, is pleased to announce that it has entered into a non-exclusive technology licensing agreement with Valkor LLC, a company based in Katy, Texas (). The technology licensing agreement (the “Agreement”) grants to Valkor the right to use Petroteq’s proprietary patented technology to engineer, construct, operate and fin...
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