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Petroteq Energy Inc. (PQEFF)

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Last Post: 7/19/2018 12:00:52 PM - Followers: 33 - Board type: Free - Posts Today: 0





Welcome to OTC Markets: PQEFF

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




Website: http://www.petroteq.energy/
Stock Data: https://ir.petroteq.energy/quote-otc



 
-- 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.

Sincerely,
Jerry Bailey, Director & President

 


ABOUT PETROTEQ ENERGY, INC.

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'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.

Petroteq

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: https://petrobloq.com/

Twitter: @PetroBloq 
Facebook: www.facebook.com/petrobloq
Linkedin: www.linkedin.com/company/petrobloq

 
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PQEFF News: Petroteq Announces Application for Tax Credit Initiative 07/18/2018 09:36:34 AM
PQEFF News: Petroteq Energy Submits Application For NASDAQ Capital Market Up-Listing 07/12/2018 08:50:54 AM
PQEFF News: Petroteq Announces New Advisory Board Member and Highlights Recent Industry News 07/11/2018 02:05:53 PM
PQEFF News: Petroteq Partners with Cavitation Technologies Inc. to Test Equipment for Non-Conventional Oil Production 07/10/2018 08:22:38 AM
PQEFF News: Petroteq Reaches Corporate Inflection Point 07/09/2018 09:14:01 AM
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#986   Are you USING CVATs technology under license? jlfonz 07/19/18 12:00:52 PM
#985   So, its now from 1,000 bbl/day by the 236T568 07/17/18 10:01:47 PM
#984   Will it happen? Good read, now we wait b4t2k 07/17/18 07:20:05 PM
#983   PQEFF fails to issue quarterly financials for the 236T568 07/17/18 10:11:04 AM
#982   Promo over the Horizon Zboricua 07/16/18 06:32:48 PM
#981   Is the filing for up listing a paid Ghostwalker 07/13/18 08:22:43 AM
#980   Yep, yet another paid stock promotion for PQEFF 236T568 06/28/18 01:42:20 PM
#979   the board hasnt been updated since September... have Biotech33NK 06/27/18 07:33:38 PM
#978   This is great!! Biotech33NK 06/27/18 07:31:31 PM
#977   3 Breakthrough Technologies Changing The Energy Sector $PQEFF Biotech33NK 06/27/18 07:30:11 PM
#976   I would check out their website.. petrobloq.com and Biotech33NK 06/27/18 07:29:11 PM
#975   Anyone know anything about how Petrobloq is coming swagman 06/27/18 04:15:49 PM
#974   $PQEFF https://www.otcmarkets.com/stock/PQEFF/news/Petroteq-Unveils-Asphalt-Ridg $Pistol Pete$ 06/19/18 08:57:16 PM
#973   https://www.deseretnews.com/article/900021971/turning-utahs-rocks-into-liquid-go Beatdowns 06/18/18 01:12:10 AM
#972   Petroteq Energy Announces Issuance of Securities 236T568 06/15/18 02:14:41 PM
#971   Nice 20% bump today! swagman 06/07/18 07:12:51 PM
#970   Nice 20% bump today! swagman 06/07/18 07:12:49 PM
#969   Oil prices are falling fast. Here's why 236T568 05/29/18 12:16:18 AM
#968   PQEFF - the massive dilution continues, another 4.2 236T568 05/24/18 10:51:45 AM
#967   this is now headed in the right direction. PennyStockTrader2 05/23/18 05:39:23 PM
#966   The PQEFF paid stock promotion campaign: 236T568 05/23/18 03:38:30 PM
#965   The company just grew another ARM making that b4t2k 05/23/18 03:22:10 PM
#964   actually, wrong 236T568 05/23/18 11:44:08 AM
#963   Actually, Petroteq rescinded the deal because it no swagman 05/23/18 08:12:03 AM
#962   Deloro Energy RESCINDS $10 million financing of scam 236T568 05/22/18 09:05:29 PM
#961   latest news announced today, May 21st doinit 05/21/18 01:14:48 PM
#960   PQEFF - and the BAD BAD news continues 236T568 05/18/18 05:01:14 PM
#959   hey the ya recive the voting instruction form juanito_ 05/18/18 03:04:40 PM
#958   What is there to explain? b4t2k 05/14/18 02:44:00 PM
#957   I cannot explain the precipitous drop in share PennyStockTrader2 05/12/18 10:49:43 PM
#956   Ouch! $0.55 and dropping 236T568 05/11/18 01:56:31 PM
#955   https://www.facebook.com/petrobloq/ PENNYBUSTER 05/09/18 07:32:01 PM
#954   https://twitter.com/petrobloq PENNYBUSTER 05/09/18 07:13:25 PM
#953   https://sputniknews.com/analysis/201805081064245816-blockchain-energy-sector-ben PENNYBUSTER 05/09/18 07:13:01 PM
#952   Studio City, CA -- March 27, 2018-- InvestorsHub PENNYBUSTER 05/09/18 07:05:46 PM
#951   Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Leverages PENNYBUSTER 05/09/18 07:03:20 PM
#950   wasn't talking about past, that's changing the subject,,,,was doinit 05/09/18 04:19:04 PM
#949   actually, no 236T568 05/09/18 03:46:17 AM
#948   funding sounded like done deal...5 irrevocable investors signed doinit 05/09/18 03:21:13 AM
#947   BAD BAD NEWS.....It was a press release issued 236T568 05/08/18 08:34:51 PM
#946   news today ??? doinit 05/08/18 06:45:34 PM
#945   WAS IT DONE AFTER FEB.28TH ? doinit 05/02/18 06:01:56 PM
#944   Deloro Energy LLC FAILS to advance 2nd tranche 236T568 05/02/18 03:56:04 PM
#943   PQEFF - Massive Net Loss of $1.7 million 236T568 05/02/18 03:47:38 PM
#942   PQEFF - ZERO Revenues for the quarter ending 236T568 05/02/18 03:46:01 PM
#941   PQEFF issues financials for the quarter ending February 236T568 05/02/18 03:45:13 PM
#940   not surprised 236T568 04/25/18 03:46:35 PM
#939   Hahaha the mcw/mcwef/pqeff Scam continues. An update today Dkdan 04/25/18 02:45:23 PM
#938   News today on plant update. More B.S, The b4t2k 04/25/18 01:22:05 PM
#937   Interesting piece itwillneverwork 04/24/18 02:43:35 PM
PostSubject