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Petroteq Energy Inc. (PQEFF)

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Last Post: 6/11/2017 4:19:34 AM - Followers: 22 - Board type: Free - Posts Today: 0





Welcome to OTCQX: PQEFF

 
website: http://www.petroteq.energy/
stock data: http://ir.stockpr.com/mcwenergygroup/quote-otc


ABOUT PETROTEQ ENERGY, INC.

Petroteq Energy, Inc. is a Canadian-registered holding company, publicly trading on the TSX Venture Exchange (Symbol: PQE) and the OTCQX trading platform (Symbol: PQEFF). Its offices are located in Toronto, Ontario, Canada, Los Angeles, California and its initial plant location in Vernal, Utah.

Petroteq is focused on value creation through the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits.
 


Petroteq by way of its wholly owned subsidiary has a breakthrough, environmentally-friendly, proprietary oil sands extraction technology which is suitable for all hydrocarbon deposits. The closed-loop technology may also be applied for remedial project such as tailings ponds. After the launch of its first extraction plant in Utah, the Company is now intends on scaling up its capacity with several additional, higher capacity extraction units within the state, which has over 30 billion barrels of undeveloped but recoverable oil. (DOE Estimate.) Asphalt Ridge, the location of Petroteq's first plant, is one of Utah's 8 major oil sands deposits with over 50 million barrels of undeveloped oil sands deposits. (DOE Estimate.)
 

SWEPT Technology 


SWEPT Technology was developed for the Enhanced Oil Recovery (“EOR”) of heavy oil assets and is based on the impact on a productive stratum by cumulative waves in the radius of several well spacings. Science tells us that hydrocarbons that are caught in wave fields decrease in viscosity and become more liquid due to the thixotropy effect, which also decreases the density of heavy oil.

SWEPT Technology is applied via a specially constructed wellhead that generates cumulative waves of various shapes, amplitudes and lengths to the productive stratum.  Wave propagation in-situ can extend the length of a many well spacing, with recorded distances between 100 m to 1000 m and possibly even further based on the characteristics of the stratum. As the result of wave application, certain changes occur in the oil containing rock as well as the oil contained in those rocks.

 

The effects of SWEPT are typically enjoyed by a well for a length of 3-5 days, to realize the most efficient production the well should be retreated repeatedly. The effect on rock properties stays for indefinite time.
 
Furthermore SWEPT can be applied to overcome some of the industries most common obstacles, such as, low energy, high viscosity, low permeability and porosity and high water cut along with low oil saturation.

S-BRPT Technology

S-BRPT Technology is a proprietary technology and extraction process that was developed for the Enhanced Oil Recovery (“EOR”) of heavy oil located at shallow and extra-shallow depths, bitumen, kerogen, lignite and the like and is based on the natural ability of materials to exist in various aggregate forms with specific physical properties.

This technology allows resynthesizing of such organic compounds and organic chemical compounds into a marketable product.  The S-BRPT process is environmentally friendly as it has low energy and water requirements along with minimal greenhouse gas emissions.

 
The physical form of hydrocarbons down well changes from liquid (for oil) or hard (for bitumen, etc.) into a vapor/gaseous form, which allows it to travel more easily to the surface. 
Once at surface the paraphrase slurry is received into specially designed and constructed facility where the slurry is synthesized into a liquid/hard form based on the designed specifications.
 

PETROTEQ'S PATENTED OIL SANDS EXTRACTION TECHNOLOGY IS A BREAKTHROUGH FOR THE OIL SANDS INDUSTRY.


Petroteq Energy, Inc. has developed a unique, environmentally-safe, continuous flow, closed loop technology... a first in North America... and probably in the world. The Company's philosophy is that the environment and the oil sands industry can work together harmoniously ... .without any of the resulting destruction seen in so many of the world's major oil sands projects. This extraction technology is the result of almost five years of research by Petroteq's research and engineering teams, headed up by the Company's Chief Technology Officer, Dr. Vladimir Podlipskiy, well known for his work with benign solvents. 
 

HERE'S HOW PETROTEQ'S EXTRACTION TECHNOLOGY WORKS

Stage 1: Crushed ore delivered into patented fluidized bed extractor. Extraction process is performed at temperatures between 50-60 C degrees

Stage 2: Solvent composition with extracted oil bitumen is delivered from extraction column to the evaporator and then to distillation column.

Stage 3: Hydrocarbons (oil/bitumen) are extracted from the solvent in the distillation column and pumped to the storage tank.

Stage 4: Solvent is recycled, warmed up and returned back to the extractor within the continuous flow, closed-loop system.

Stage 5: Purified sands leave extractor and go through the drying process.

PETROTEQ'S EXTRACTION TECHNOLOGY HAS BEEN EVALUATED BY A REPUTABLE, INDEPENDENT CONSULTING FIRM.

Petroteq's oil extraction technology has been evaluated by a reputable engineering firm, Chapman Engineering Company (Calgary, Alberta) who are experts in petroleum and chemical engineering projects as well as providing economical analyses for resource development processes.
06/7/17 • 9:00 AM EDTPetroteq Energy Inc. Provides Development and Operational Update from Its Southwest Texas Property

06/7/17 • 8:00 AM EDTThis New Oil Tech Still Makes Money Even If Oil Crashes

05/19/17 • 3:42 PM EDTPetroteq Energy Inc. Announces Shares for Debt Transactions

05/4/17 • 4:30 PM EDTMCW Energy Group Announces Consolidation, Name Change and Trading Symbol Change

04/26/17 • 12:49 PM EDTMCW Energy Group Announces Closing of Non-Brokered Private Placement

03/28/17 • 9:15 PM EDTMCW Energy Group Announces Shares for Debt Transaction

03/6/17 • 12:22 PM ESTMCW Energy Group Proposes to Effect Name Change and Share Consolidation

02/10/17 • 1:22 PM ESTMCW Energy Group Confirms No Material Undisclosed Information

02/1/17 • 10:36 AM ESTMCW Energy Group Closes Announces Shares for Debt Transaction

01/23/17 • 1:19 PM ESTMCW Energy Group Limited Comments on Recent Market Activity

 

 
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#732   what's.oblivion????,,certainly not 100or200million,,now.3or4Billion,,that's,,o doinit 06/11/17 04:19:34 AM
#731   Has anyone asked the company if they will Top Penny 06/10/17 10:45:58 AM
#730   Nice uptrend here, IMO. $PQEFF KUMO TWIST 06/09/17 01:56:19 AM
#729   The MCWEF scam continues!!!! Or now the PQEFF Dkdan 06/07/17 10:21:10 PM
#728   Looks like a fresh start here. Could be KUMO TWIST 06/07/17 04:53:21 PM
#727   MCW Fuels was spun off. No bearing on today vines3 06/07/17 02:21:46 PM
#726   Starting my DD here. Looks very promising! Prince Goro 06/07/17 02:06:29 PM
#725   This could get interesting. KUMO TWIST 06/07/17 02:05:10 PM
#724   nice website http://www.petroteq.energy/ Prince Goro 06/07/17 02:03:36 PM
#723   MCW Fuels distributes over 100 million gallons of Prince Goro 06/07/17 02:02:58 PM
#722   strong day here today Prince Goro 06/07/17 02:02:07 PM
#721   that's a major spread rigged by MM's I'm doinit 06/05/17 01:13:08 PM
#720   why is PQE followed by FF? swagman 06/03/17 08:52:32 AM
#719   Effective June 2,2017 MCWED will change to PQEFF: Renee 06/01/17 08:37:13 AM
#718   The reverse split occurred yesterday. The suffix D Renee 05/05/17 05:13:07 PM
#717   how long until reverse split is done ? doinit 05/05/17 01:54:04 PM
#716   MCW Energy Group Ltd. changed to Petroteq Energy Renee 05/04/17 04:54:54 PM
#715   Try the other links or search the headlines. mcjodie 04/25/17 10:56:30 AM
#714   Well that is very strange, All I get vines3 04/25/17 10:36:07 AM
#713   I also agree,,,,that link works doinit 04/25/17 10:08:16 AM
#712   AND your comment was out of line and mcjodie 04/25/17 08:20:17 AM
#711   The link works, I tried it from 3 mcjodie 04/25/17 08:12:03 AM
#710   I found that story in my Scottrade yesterday. mcjodie 04/25/17 08:02:11 AM
#709   Which scenario is more likely in the next Btn 04/24/17 06:49:20 PM
#708   The link does not work and that story vines3 04/24/17 05:12:41 PM
#707   Don't know where you got that but I vines3 04/24/17 04:41:27 PM
#706   http://m.marketwired.com/press-release/alex-blyumkin-announces-acquisition-commo mcjodie 04/24/17 03:25:15 PM
#705   April 24, 2017 15:15 ET Alex Blyumkin Announces Acquisition mcjodie 04/24/17 03:25:01 PM
#704   You can even just use this board and wixy08 04/17/17 10:00:23 AM
#703   HI. If you are interested try to look wixy08 04/17/17 09:52:40 AM
#702   In one of his video's he talked about vines3 04/07/17 06:13:08 PM
#701   how do you know that,,,,do you have deeper doinit 04/07/17 01:20:35 PM
#700   Bailey is not a founder vines3 04/07/17 11:11:49 AM
#699   but as the old saying goes,,,,Bailey wears several hats... doinit 04/06/17 02:29:41 PM
#698   Bailey is CEO doinit 04/05/17 02:22:10 PM
#697   Bailey is a service provider? Not employee? newshound1 04/04/17 08:15:51 PM
#696   I am no insider. If you read thru vines3 04/04/17 07:32:53 PM
#695   Only if Vines3 is an insider. IMO the newshound1 04/01/17 04:43:50 PM
#694   that would be insider info...wouldn't it ? doinit 04/01/17 12:14:01 PM
#693   Vines3: WHO IS PROVIDER? Which founder? Thanks newshound1 03/31/17 05:46:04 PM
#692   The provider is one of the founders vines3 03/29/17 10:31:03 AM
#691   help me understand why a provider would accept swagman 03/29/17 07:59:05 AM
#690   I am hoping they tell us something good GitrMan 03/29/17 02:53:42 AM
#689   TODAYS NEWS VALUES SHARES HIGHER THAN MARKET,,,CONFIDENCE.IN.THE.COMPANY doinit 03/28/17 10:52:43 PM
#688   LATEST NEWS OUT TODAY,,,, doinit 03/28/17 10:51:41 PM
#687   seems to me the patents for MCW and doinit 03/20/17 03:41:32 AM
#686   That's hopeful! With Mr. Bailey at both companies, newshound1 03/19/17 10:41:17 PM
#685   this from blooberg says yes doinit 03/19/17 08:04:43 PM
#684   Is Gerald Bailey still on Cavitation Technologies board? newshound1 03/19/17 05:49:51 PM
#683   not much to say,,,,,it's all about waiting doinit 03/19/17 06:00:06 AM
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