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Petroteq Energy, Inc. (OTCPK:PQEFF) is a Canadian-registered holding company, publicly trading on the TSX Venture Exchange (Symbol: PQE) and the U.S. OTC. The company is focused on the development and implementation of proprietary oil-extraction and remediation technologies using a closed-loop solvent based extraction system that recovers bitumen from surface mining.
During the last decade the company has:
- Assembled an 8,480 acre portfolio of leases with approximately 180 million stock tank barrels of bitumen resources at the Asphalt Ridge project near Vernal, Utah.
- Built and tested a successful pilot plant to demonstrate the feasibility of profitably extracting commercial oil and petroleum products.
- Engaged in dialog