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Petroteq Energy Inc. (PQEFF)

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Last Post: 4/17/2018 10:06:31 AM - Followers: 32 - Board type: Free - Posts Today: 0

Welcome to OTC Markets: PQEFF

                PQE: TSX.V       PQCF: Frankfurt, Berlin, Munich

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-- Recent News --

Petroteq Energy, Inc., Pioneering Technologies in the Energy Industry

I have enjoyed a 50-year career in the Oil Patch, rising to the level of President of Exxon operations in the Arabian Gulf. Over that career, both domestically and overseas, both upstream and downstream, I have handled very large budgets and a considerable multi-national workforce, while managing multimillion dollar projects.

Few people outside of the energy industry understand the complexity of the transactions that need to happen between getting crude oil from the ground to ultimately ending up as gasoline in your automobile. There are land lease agreements, royalty agreements, taxes, revenue shares, profit shares, among other ways to slice up the revenues we receive. Further there of government and political relationships that govern the transition of product across borders and tax jurisdictions. It is an extremely complicated business as any group of auditors and accountants will attest, along with the many engineers and operators that handle the hardware.

The Blockchain holds the promise of unlocking billions of dollars in profits for the Energy Industry by reducing the friction inherent in the business processes we need to control.

Petroteq is uniquely positioned to participate in this tidal transition for the energy industry because we can work with and partner with all of the majors and juniors and not be seen as a threat. Further, our organizational structure is such that we are nimble. Our organization is designed and dedicated to be flexible and innovative, while challenged to create a new opportunity. Blockchain is poised to be the biggest gamechanger for the energy industry for the next several decades. I am not a blockchain expert, but I will become one, and I am pleased to lead this venture. We have the resources and access to work with the leaders in the industry from our headquarters in California.

We are working with the team at First Bitcoin Capital (OTC: BITCF) to begin this effort and develop tools that we feel will bring value to the industry. It might be through a ledger structured blockchain product or it could be through a coin, or maybe both. We intend to then package up that technology and deliver it to the majors, so they don't have to do it themselves. We can create a network where all the players in the energy industry can send and receive crucial production, transportation, and accounting information in real time and save billions in costs. By developing these technologies and providing them as a service to the industry we feel we will be able to generate a new revenue stream for our company as well as benefit from the efficiencies of the platform ourselves. 

So remember that we are a technology company -- developing and monetizing all kinds of technologies for the benefit of the industry and everyone whose quality of life depends on oil and energy. Watch us as we progress in this mission. By the way, I am presenting at LD Micro's conference in Bel Air in case you're in California next week.

Jerry Bailey, Director & President



Petroteq Energy, Inc. is a Canadian-registered holding company, publicly trading on the TSX Venture Exchange (Symbol: PQE) and the OTC Markets 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.)
02/13/18 • 9:00 AM EDT Petroteq Energy Announces Development of PetroBloq Payments. 

02/07/18 • 9:00 AM EDT Petroteq Energy Announces Progress in Plant Assembly. 

02/05/18 • 9:00 AM EDT Petroteq Energy Inc.  Receives $2.5 Million From Deloro. 

01/31/18 • 9:00 AM EDT  Petroteq Energy Recieves Approval as Goverbment Contractor for State of Utah.  

01/30/18 • 9:00 AM EDT Petroteq Energy Inc. Announces Closing on Private Placements.

01/26/18 • 9:00 AM EDT Petroteq Energy Inc. Announces Update on Private Placements.

01/11/18 • 9:00 AM EDT  First Bitcoin Capital Corp. (BITCF) Recieves First Payment Under Blockchain- Based Supply Chain Management Application Contract. 

01/10/18 • 9:00 AM EDT  Petroteq Energy Inc. Receives Notices on New Patents in the US and Canada Covering Oil Extraction Technology.

12/27/17 • 9:00 AM EDT Petroteq Energy Inc.,Year End Message from Chairman.

12/20/17 • 9:00 AM EDTPetroteq Energy Subsidiary, PetroBloq, announces Membership in Hyperledger. 

12/18/17 • 9:00 AM EDT Petroteq Energy Inc. Receives Construction Permits and Completes Concrete Work.

12/13/17 • 9:00 AM EDT Petroteq Energy Announces Appointment of Joseph Abrams to Board of Advisors of PetroBloq. 

12/7/17 • 9:00 AM EDT Petroteq Energy Annoucnes Appointment of Dr. R. Gerald Bailey to the Board of Advisors of PetroBloq.  

12/6/17 • 9:00 AM EDT Petroteq Energy  Announces Membership in American Petroleum Institute.

12/4/17 • 9:00 AM EDT Petroteq Energy Announces PetroBloq's Membership in Enterprise Ethereum Alliance.

12/1/17 • 9:00 AM EDT OPEC Extension Promises Faster Payback Period for Petroteq's Asphalt Ridge Plant. 

11/23/17 • 9:00 AM EDT Petroteq Energy Inc. Announces MOU for $10MM for Lease and Extraction Facility.  

11/15/17 • 9:00 AM EDT Petroteq Energy, Inc. Discloses Progress on New Upscaled Oil Extraction Facility. 

11/08/17 • 9:00 AM EDT Petroteq Energy, Inc. Announces Share Subscriptions.

11/06/17 • 9:00 AM EDT Petroteq Energy, Inc. and First Bitcoin Capital Corp. Announce Blockchain-Based Initiative to Optimize Oil & Gas Supply Chain Management. Subsidiary.



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. 


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 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.


Petrobloq will be the first Blockchain based platform developed exclusively for the supply chain needs of the Oil & Gas sector. The Upstream, Midstream and Downstream industries each have their own challenges and complexities. Its been nearly seven years since the sector has seen $120 barrels of oil and the price is still less than half that, in utilizing Blockchain to meet the supply chain needs of oil and gas producers, we anticipate that Petrobloq users will enjoy cost and time savings, increased transparency and the ability to mitigate the constantly evolving geopolitical atmosphere and market fluctuations.   To stay updated on our joint venture with First Bitcoin Capital Corp. (BITCF) visit our website:

Twitter: @PetroBloq 

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PQEFF News: Petroteq Energy to Present at the Microcap Conference 03/29/2018 08:44:09 AM
PQEFF News: Petroteq Energy Appoints David Sealock as New Chief Executive Officer 03/27/2018 08:52:10 AM
PQEFF News: Petroteq Announces PetroBLOQ's Proposed International Expansion Into Key Strategic Markets 03/14/2018 11:15:24 AM
PQEFF News: Petroteq's PetroBLOQ Announces Capabilities of Blockchain Based Oil & Gas Supply Chain Management Platform 03/13/2018 01:00:28 PM
PQEFF News: Petroteq's PetroBLOQ Blockchain Subsidiary Opens Development Facility In Southern California 03/09/2018 08:44:11 AM
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#927   Here's the relevant news release confirming this ... swagman 04/17/18 10:06:31 AM
#926   The contract for a 10M investment is signed, swagman 04/17/18 10:04:29 AM
#925   actually, wrong yet again 236T568 04/16/18 08:53:37 PM
#924   Actually, correct! swagman 04/16/18 08:16:45 PM
#923   actually, wrong 236T568 04/16/18 11:35:05 AM
#921   Any idea how much this will cost. itwillneverwork 04/16/18 08:13:50 AM
#920   Check here: kdepina 04/15/18 08:57:55 PM
#919   if it's a scam ... why would a swagman 04/15/18 08:22:19 AM
#918   the answer is simple 236T568 04/14/18 03:20:42 PM
#917   Does anyone know what caused the delay in swagman 04/14/18 12:58:41 PM
#916   Oh my! $0.97 low for the day so far! 236T568 04/02/18 03:22:18 PM
#915   Dipping my foot in the pool Here @ $1.21 dingocub 03/27/18 12:28:57 PM
#914   Its not that big of a deal. Facebook Biotech33NK 03/23/18 12:24:48 PM
#913   Ouch! Close of $1.126 today! 236T568 03/21/18 05:21:19 PM
#912   Will the company report the moved tar sand b4t2k 03/21/18 03:57:38 PM
#911   More bad news for PQEFF - Facebook, Google, 236T568 03/21/18 02:43:16 PM
#910   Does anyone have updates on the lab that Biotech33NK 03/20/18 12:59:07 PM
#909   Petroteq Energy Inc to expand to Switzerland, Russia Biotech33NK 03/19/18 05:41:32 PM
#908   Great! Thank you! Biotech33NK 03/16/18 07:33:02 PM
#907   What someone probably knows is that the stock braveheart63 03/16/18 09:48:51 AM
#906   Thank you. I have no skin in this MYMEBAHT 03/15/18 10:10:51 PM
#905   The patent is under the companies previous name GitrMan 03/15/18 05:11:39 PM
#904   hmm... I'll do a patent search on the Biotech33NK 03/15/18 04:10:30 PM
#903   Ouch! $1.177 low so far today 236T568 03/15/18 01:50:11 PM
#902   Probably filed under an individuals name braveheart63 03/15/18 10:31:26 AM
#901   I saw that. What my msg was about MYMEBAHT 03/15/18 10:16:35 AM
#900   This is what i managed to find. Biotech33NK 03/14/18 10:14:49 PM
#899   I dont think the company wrote the articles Biotech33NK 03/14/18 10:10:51 PM
#898   Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Unveils Biotech33NK 03/14/18 10:04:56 PM
#897   I can't find any patent or patent application MYMEBAHT 03/14/18 11:55:40 AM
#896  Restored look at the picture of the alleged oil 236T568 03/14/18 11:48:07 AM
#895   Reassembly of Petroteq plant pictured 22-02-18 ..... planetaryfuture 03/14/18 10:55:01 AM
#894   It is called a stock photo. I braveheart63 03/14/18 08:29:05 AM
#893   Huh? wrong 1. One photo was from the PQEFF paid 236T568 03/13/18 05:48:50 PM
#892   You showed the same photo twice i want braveheart63 03/13/18 03:34:09 PM
#891   Seriously? here you go again: 236T568 03/13/18 02:10:05 PM
#890   Post a link to the other photo please braveheart63 03/13/18 01:18:17 PM
#889   look at the picture of the alleged oil 236T568 03/12/18 11:45:32 PM
#888   and yet anther PQEFF paid stock promotion article: 236T568 03/12/18 11:41:19 PM
#887   From TDA News today: north40000 03/12/18 02:32:48 PM
#886   PETROTEQ Eyes Industry-Oil Growth And Momentum ..... planetaryfuture 03/10/18 08:42:02 PM
#884   perhaps not pump and dump swagman 03/10/18 07:38:35 AM
#883   $PQEFF and $BITCF's PetroBLOQ Blockchain Subsidiary Opens Development Biotech33NK 03/09/18 07:14:07 PM
#882   PQEFF sleazy PAID STOCK PROMOTION continues 236T568 03/09/18 02:13:28 PM
#881   PQEFF is not headquartered in Canada.. 236T568 03/09/18 02:04:31 PM
#880   They file with Canada version of SEC where BlockChains 03/09/18 12:26:08 PM
#879   using bitcoin consortium to sell stock... beware. Apophis 03/07/18 06:57:12 PM
#878   PQEFF. is a scam , no operational revenue Apophis 03/07/18 06:54:49 PM
#877   Another member joins the petrobloq consortium Biotech33NK 03/07/18 04:34:33 PM
#876   Check Your Math Rig Count Doubled Past 2 years buypumps 03/06/18 04:33:11 PM