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Petroteq Energy Inc. (PQEFF)

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Last Post: 5/18/2019 4:03:36 PM - Followers: 32 - 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 Announces Production of Oil 02/21/2019 09:50:11 AM
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
#1102   took more off at 42 and 44, great PennyStockTrader2 05/18/19 04:03:36 PM
#1101   News: $PQEFF Petroteq Energy Confirms no Material Undisclosed Information whytestocks 05/16/19 08:00:37 AM
#1100   Nice spike today, taking some off the table PennyStockTrader2 05/14/19 03:25:16 PM
#1099   ha! yep Haha, the paid promoters or robots are out 236T568 05/09/19 09:55:52 PM
#1098   Haha, the paid promoters or robots are out UTOilMan 05/09/19 06:59:44 PM
#1097   I know someone "associated" with the company, he PennyStockTrader2 05/09/19 05:14:30 PM
#1096   Given that oil prices are hovering at the wiselyinvested 05/09/19 05:12:02 PM
#1095   I think this is a great deal down PennyStockTrader2 05/07/19 10:33:41 PM
#1094   Just want to add, I spoke with both UTOilMan 04/27/19 09:49:32 AM
#1093   Haha, I was gonna say...definitely a paid stock promo. UTOilMan 04/27/19 09:40:05 AM
#1092   This is a PAID STOCK PROMOTION article by 236T568 04/27/19 01:53:19 AM
#1091   News: $PQEFF NetworkNewsBreaks - Petroteq Energy Inc. (TSX.V: whytestocks 04/26/19 03:04:21 PM
#1090   Drove by 930 am. Saw two guys standing UTOilMan 04/25/19 07:20:15 PM
#1089   I'm off work today. I'll drive by and UTOilMan 04/25/19 10:52:42 AM
#1088   $0.25 - New 52 week low for PQEFF 236T568 04/24/19 05:14:33 PM
#1087   Great UTOilMan thanks for the update! wiselyinvested 04/24/19 04:34:09 PM
#1086   Not sure where you're looking ... an acquaintance swagman 04/14/19 07:54:01 AM
#1085   Another thing to note is that the article UTOilMan 04/11/19 03:43:09 PM
#1084   Except there is no way to verify that UTOilMan 04/11/19 03:35:04 PM
#1083   April 10, 2019 - 236T568 04/10/19 09:41:00 PM
#1082   10,000+ barrels produced from the Asphalt Ridge facility wiselyinvested 04/09/19 03:33:02 PM
#1080   can you tell us a little more about this? 236T568 04/08/19 08:40:02 PM
#1079   Just drove by their location, and the place UTOilMan 04/08/19 05:07:34 PM
#1078   500 bpd and counting ... swagman 03/28/19 02:46:27 PM
#1077   I've personally done "business" with VIVK. The main UTOilMan 03/14/19 10:25:24 AM
#1076   It is amazing what they will do to Oleblue 03/12/19 12:23:01 PM
#1075   Lmao PStockPickz 02/21/19 05:42:46 PM
#1074   an exciting year is unfolding ... producing 350bpd swagman 02/21/19 09:41:36 AM
#1073   I live in Vernal. I've seen other oil UTOilMan 02/20/19 10:15:58 AM
#1072   If PQEFF actually sold oil they would not b4t2k 02/13/19 09:40:55 AM
#1071   What fun, actually, to see the recent rise swagman 02/12/19 02:17:04 PM
#1070   actually, wrong yet again 236T568 02/12/19 12:37:44 PM
#1069   Just curious: What share price, if any, swagman 02/12/19 11:16:52 AM
#1068   thanks the classic Form 10 filed with the SEC 236T568 02/11/19 04:03:05 PM
#1067   A comprehensive overview of what some call this swagman 02/11/19 12:32:09 PM
#1066   So who is receiving the $1.8 million cash 236T568 02/08/19 02:24:25 PM
#1065   and the scammy ways of scam company PQEFF 236T568 02/08/19 02:19:17 PM
#1064   That press release in error by b4t2k 02/08/19 11:11:51 AM
#1063   "The shares of Petroteq will be halted at 236T568 02/08/19 09:56:50 AM
#1062   and this is the Feb 6, 2019 press 236T568 02/07/19 03:14:49 PM
#1061   PQEFF back to behaving like the scam company 236T568 02/07/19 03:11:47 PM
#1060   And the regular programing is more B.S. b4t2k 02/07/19 02:44:16 PM
#1059   It looks like trading was halted just to Machine371 02/07/19 10:28:40 AM
#1058   let's see why they just halted trading ... swagman 02/07/19 09:29:50 AM
#1057   actually, wrong 236T568 02/06/19 07:20:58 PM
#1056   Nothing's for free ... except maybe your continued swagman 02/06/19 12:47:26 PM
#1055   and scam company PQEFF continues with it paid 236T568 02/06/19 10:58:49 AM
#1054   Zacks has initiated coverage of Petroteq! target swagman 02/06/19 08:39:53 AM
#1053   Dump vplm4life 02/06/19 01:41:13 AM
#1052   "On January 16, 2019, the Company issued a 236T568 01/30/19 01:56:23 AM