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Monday, 03/12/2018 1:42:38 PM

Monday, March 12, 2018 1:42:38 PM

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$BITCF Helps $PQEFF Manage Oil´s Dirty Sands Industry .....

We are poised to witness the early days of an emergent eco-friendly oil-sands Industry with First Bitcoin Capital making an instrumental contribution ..... The clean oil-sands breakthrough appears to have the technological potential to realize an enviable status toward world-oil dominance ..... if production proceeds as anticipated .....




Tech Breakthrough To Clean Up Oil's Dirty Image
..... November 29 .....

The jury is in on global oil dominance: The U.S. is poised to become the definitive leader, driven by unparalleled technological advances that could lead to growth of 8 million barrels a day by 2025.

The judge is the International Energy Agency (IEA), and the ruling is clear: The U.S. oil boom was just getting started with fracking. The next phase is phenomenally high-tech, and should turn the U.S. into a net exporter of fossil fuels.

And the tech doesn´t get much higher than a breakthrough that can take the dirty out of the oil sands production process and unlock trillions of barrels trapped in the sands in Utah, Colorado and Wyoming.

But that´s just where the dominance starts: The tech may be licensed globally where countless trillions of barrels of oil are waiting to be tapped into without leaving behind a toxic tragedy everywhere from Canada and Venezuela to Kazakhstan, Nigeria and Angola as well as a handful of high-profile venues in between.

The technology is proprietary and patented, and it is expected to produce oil at around $22 per barrel, leaving clean, dry sands and without using all the water that is crucial to dry states.

The company behind it is Petroteq Energy Inc. (TSX:PQE.V; OTCQX:PQEFF), and its where North American oil gets another advancement which could form the backbone for Phase II of the oil boom....


Petroteq Thinks "Big Picture" with Blockchain Deal

Petroteq tech visionaries won´t be left out of anything. That´s why they are also moving fast on the hottest industry the world has seen in a century: Blockchain technology, the backbone of cryptocurrency, and soon it could be the backbone of energy trading.

There is no industry that will remain untouched by the Blockchain revolution, and energy is no exception. It could make oil and gas trading phenomenally easier, and supermajors like Shell, BP and Statoil are hot on its trail.

Blockchain will make energy trading efficient and transparent, and it will save oil and gas companies money in the process, so Petroteq is poising itself as one of the earliest energy entrants on this revolutionary playing field.

The company is in the process of signing an agreement with First Bitcoin Capital, which specializes in crypto currency and Blockchain development. The visionary small-cap will be licensing the blockchain built by IBM and will use this to make it industry-specific, giving the entire spectrum of oil from upstream to downstream access to massive data....



https://www.theglobeandmail.com/investing/markets/stocks/CPG-T/pressreleases/272626/

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