Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil extraction and remediation technologies, is pleased to announce the completion of a reserve and economic evaluation report which defines bitumen reserves on the bitumen properties covered by three Utah state mineral leases located in the Asphalt Ridge Northwest area of Uintah County, Utah . The Company's [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil extraction and remediation technologies, is pleased to announce the completion of a reserve and economic evaluation report which defines bitumen reserves on the bitumen properties covered by three Utah state mineral leases located in the Asphalt Ridge Northwest area of Uintah County, Utah . The Company's [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is pleased to announce the signing of a technology license agreement for the use of its proprietary oil sands extraction technology. The Company has entered into a non-exclusive, non-transferable technology licensing agreement dated for reference October 27, 2021 with [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, thanks its Chief Operation Officer, George Stapleton on his last day. During his tenure the Company increased its Asphalt Ridge lease holdings and completed technical enhancements to the production operation facilities. Chief Technology Officer, Vladimir Podlipskiy, will [...]
Asphalt Ridge NW Leases are Estimated to Contain 85-90 Million Barrels of Oil in Place Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction technologies, is pleased to announce that the Company has entered into an agreement to exchange its Temple Mountain oil sands leases, where the Petroteq Oil Sands Plant is located, for leases to the north in the [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announces its intention to complete debt conversion transactions with two arm's length creditors pursuant to which the Company will issue an aggregate of 4,529,166 common shares of the Company at a deemed price of US$0.119 per share in satisfaction of US$538,971. The [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announces that it has today filed a Directors' Circular in response to the offer and take-over bid circular of 2869889 Ontario Inc., an indirect, wholly-owned subsidiary of Viston United Swiss AG for all of the issued and outstanding common shares in the capital of the Company [...]
Petroteq remains committed to maximizing value for all stakeholders and is considering potential opportunities to create value for all shareholders Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today confirmed that 2869889 Ontario Inc., an indirect, wholly-owned subsidiary of Viston United Swiss AG has commenced a [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, issues a letter to shareholders from R. G. Bailey, Interim CEO and Chairman. Dear Valued Shareholders, I have been a Board Member of Petroteq since 2011, and in August 2021 was appointed as the Company's Interim CEO and Chairman to bring my management and engineering [...]
This Press Release Replaces the Press Release Issued on October 6, 2021 at 10:20pm ET. Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, provides the following update regarding its application for reinstatement of its common shares on the TSX Venture Exchange . By way of background, the Ontario Securities Commission [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, provides the following update regarding its application for reinstatement of its common shares on the TSX Venture Exchange . By way of background, the Ontario Securities Commission issued a cease trade order on August 6, 2021, as a result of Company's failure to file its [...]
Testing Confirmed MSAR® and bioMSAR™ Fuels Can Be Produced from Asphalt Ridge Heavy Oil Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction technologies, is pleased to announce that Quadrise Fuels International plc recently provided an update on its testing of an oil sample supplied by TomCo's 100% owned subsidiary Greenfield Energy LLC taken from the [...]