Petroteq Energy Inc (PQEFF)

[NetworkNewsWire]

PQEFF and BITCF PetroBLOQ Collaboration Appoints New Advisor

PetroBLOQ, LLC., a collaboration formed by oil and gas exploration company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) and First Bitcoin Capital Corp. (OTC: BITCF), this morning said it has appointed Joseph Abrams to its Board of Advisors. As co-founder of both Inter-Mix Media Inc. and The Software Toolworks Inc., Abrams brings PetroBLOQ expertise in building emerging growth technology companies. “He has built many successful emerging technology companies and creating tremendous value for investors, and we expect his contributions will be critical to PetroBLOQ as we seek to revolutionize the oil and gas industry through technology,” Petroteq Energy CEO Alex Blyumkin stated in the news release.

To view the full press release, visit http://nnw.fm/y7Hsg

About Petroteq Energy Inc.

The company is engaged in the development and implementation of its proprietary environmentally friendly heavy oil processing and extraction technologies. Petroteq’s proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge heavy oil extraction facility located near Vernal, Utah. The company also owns a minority stake in an exploration and production play located in southwest Texas held by Accord GR Energy Inc. Under a joint venture agreement with Recruiter.com and Oilprice.com, we anticipate that the website offering employment opportunities in the Energy sector will be launched in the month of November 2017. Petroteq is also developing technologies to optimize petrochemical industry workflow processes and will bring a team of professionals to expedite the process. For more information, visit www.PetroteqEnergy.com.