Petroteq Energy Inc (PQEFF)

[jedijazz]

Very nice! George Stapleton, Petroteq COO, commented "We have so far been able to remain mostly on schedule and are still on track to begin starting up the POSP in late November. The assays of our oil sands samples exceeded expectations and have confirmed the areas where we will concentrate our initial mining efforts after the restart of the POSP. Because we will be able to extract more bitumen per ton of ore than our earlier estimates, we will need to mine less tonnage per barrel, thereby reducing our mining cost per barrel and, by extension, POSP operating expenses." $PQEFF