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Petroteq Energy Inc. (PQEFF)

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Last Post: 1/15/2019 5:41:21 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.

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: https://petrobloq.com/

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

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PQEFF News: Petroteq Energy 2018 Year-End Review 12/13/2018 09:28:54 AM
PQEFF News: Petroteq Delivers Oil to the Market 11/14/2018 08:41:52 AM
PQEFF News: Petroteq Energy Receives Air Quality Exemption at Asphalt Ridge to Begin Oil Sales 11/06/2018 12:44:15 PM
PQEFF News: Petroteq Energy to Present at the Microcap Conference in New York City October 1-2, 2018 09/28/2018 08:53:11 AM
PQEFF News: Petroteq Reaches Commercial Production Milestone and Publishes Statement From the CEO 09/27/2018 08:58:48 AM
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#1049   The company's history speaks volumes of false words b4t2k 01/15/19 05:41:21 PM
#1048   Do you have any information about a future BlindTradingEXP 01/11/19 09:20:46 AM
#1047   More B.S. How long do you think b4t2k 01/05/19 09:37:04 PM
#1046   QEM release positive test results to Australian Market Baghdaddy 01/02/19 02:07:53 PM
#1045   QEM Positive Test Results announced to Australian Market Baghdaddy 01/02/19 01:52:05 PM
#1044   QEM Positive Test Results announced to Australian Market Baghdaddy 01/02/19 01:51:20 PM
#1043   Petroteq has an MOU with QEM.AX in Queen'sland swagman 12/16/18 07:31:32 AM
#1042   Nothing interesting about this report except the same B.S. b4t2k 12/13/18 10:41:35 PM
#1041   The Report is garbage. The reason the vote Machine371 12/13/18 11:45:03 AM
#1040   https://ir.petroteq.energy/press-releases/detail/302 swagman 12/13/18 11:32:10 AM
#1039   Interesting report, both for what it says and swagman 12/13/18 11:30:29 AM
#1038   What will the company tell us about the b4t2k 12/11/18 02:55:12 PM
#1037   https://ih.advfn.com/p.php?pid=nmona&article=78686812&_ga=2.259411146.1348849132 Ghostwalker 11/14/18 09:12:38 AM
#1036   Did well with this stock in august and PennyStockTrader2 10/22/18 11:24:49 AM
#1035   So I take it that you missed the 236T568 10/17/18 04:14:16 PM
#1034   You are an idiot. That looks like your Machine371 10/17/18 03:47:43 PM
#1033   Sure, here you go: 236T568 10/17/18 03:14:51 PM
#1032   Its going up.. jessicamary 10/17/18 05:49:14 AM
#1031   and the evidence you have to support your swagman 10/14/18 08:22:52 PM
#1030   Did you asked scam company PQEFF about the 236T568 10/12/18 02:11:30 PM
#1029   report from person traveling to Salt Lake city swagman 10/12/18 08:40:21 AM
#1028   200 bpd are already being produced ... though swagman 10/11/18 08:35:31 AM
#1027   I would highly recommend any future investors wait Machine371 10/10/18 10:40:30 AM
#1026   try only 200 bbl/day as of now, according 236T568 10/01/18 03:56:29 AM
#1025   First they must be able to produce 1,000 b4t2k 09/30/18 10:46:41 PM
#1024   Sell or stay for long-term? jhcrew 09/30/18 11:05:59 AM
#1023   Umm when I clink on the link it vines3 09/14/18 03:37:35 PM
#1022   IMHO the sheer number of transactions over the vines3 09/14/18 03:24:43 PM
#1021   What part of these financials display "grooming"? swagman 09/14/18 01:13:53 PM
#1020   Well based on this filing if they were vines3 09/14/18 12:39:56 PM
#1019   are you suggesting that Petroteq is the company swagman 09/13/18 04:55:10 PM
#1018   SEC Charges Three in Crude Oil Processing Scheme 236T568 09/13/18 11:40:09 AM
#1017   Well I am out vines3 09/11/18 02:16:38 PM
#1016   Thanks for that info! vines3 09/10/18 03:44:05 PM
#1015   from PQEFF financials filed on the Canadian equivalent 236T568 09/10/18 03:22:58 PM
#1014   How do you find out Alpha is a vines3 09/10/18 02:51:10 PM
#1013   Well that is INTERESTING vines3 09/10/18 02:47:50 PM
#1012   Large PQEFF foreign investor and stockholder ALPHA 236T568 09/10/18 03:17:25 AM
#1011   Big Catalyst vplm4life 09/10/18 02:19:28 AM
#1010   Bitcoin bloodbath -- cryptocurrency plunges 20% in two 236T568 09/06/18 01:53:39 PM
#1009   Rising vplm4life 09/06/18 01:02:37 AM
#1008   Labour day itwillneverwork 09/01/18 06:15:04 AM
#1007   Looks interesting vplm4life 08/31/18 06:58:18 PM
#1006   Has anyone heard the date in Sept for swagman 08/25/18 02:49:19 PM
#1005   PQEFF buy 1.18 stocktrademan 08/24/18 12:53:21 PM
#1004   More exposure courtesy of the NYT... MMarauder 08/24/18 11:51:46 AM
#1003   Since The Beginning Of August $PQEFF Has Had PENNYBUSTER 08/23/18 10:34:06 PM
#1002   Petroteq Energy Inc (OTCMKTS:$PQEFF) Looks to Tap the Blockchain PENNYBUSTER 08/23/18 09:53:05 PM
#1001   Petroteq Energy $PQEFF Transforming Industry With Environmentally Safe PENNYBUSTER 08/23/18 09:41:00 PM
#1000   While everyone has been watching the Strait of PENNYBUSTER 08/23/18 09:34:05 PM