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Need to get over the commissioning period plant has been down to long now hence the dillution
RNS issued.
Some references on here to PQE after a site visit and meet with DS.
https://www.brrmedia.co.uk/broadcasts-embed/5d7927c11e79456d8fcc4f19/attis-oil-and-gas?popup=true
Hi Lejjb hopefully good news to come about asphalt ridge plant back into production after the modification works!
Me as well lejjb, been adding over the past few sessions as have associates of mine.
So this is where the Petroteq groupies gather on LSE.co.uk...!
I might be responsible for this late afternoon's price rise. ;-)
I don't do tips or ramping but...as well as my investment in PQE I have put a few quid into AOGL who have a decent investment in PQE but in my opinion that is not yet reflected in their share price.
Do your own homework etc etc..
Moving nicely look at the charts guys. Big move all week news is on its way!!
With the planned visits this week from 10% company share holder that you guys are in (or just the other chat board) then you would probably want to see an operational plant!
The technology works and has worked. The issue has been to scale it up from a small test plant to a scaleable, high volume throughput plant. They have had about 14 months of engineering issues which they now appear to have resolved. They should switch the plant back on shortly and then we will know if the issues are sorted or not. If the plant works as it should then it is full steam ahead.
DYOR
What I'm trying to find out is this not the same method as was used for the oil spill clean up in 2011??
If it's the same then arnt the majors already gotten wind of this ??
https://video.foxbusiness.com/v/5826435827001/#sp=show-clips
Ohmetoe
NO CATCH...
Please dyor then you will see that this is going to be huge
So whats the catch here , seems to good to be true ??
Welcome onboard Tully. Good to see you take a few after doing some research. Let's hope we get a good decent run here. Let's face it, can't be any worse than our CRV investment. Sure that will come good for you at some point.
Been a good week here and definitely over the worst. Great RNS the other day and a much more proactive Twitter footprint including the company itself. Site visits being planned and you don't invite guests round when your not ready to show off your wares, surely.
Attis Oil and Gas to assess Petroteq Energy's operational progress at Asphalt Ridge heavy oil sands project
6 September 2019 | 09:38am
StockMarketWire.com - Attis Oil and Gas said chief operating officer Thom Board would be visiting the Asphalt Ridge heavy oil sands project, operated by investee company Petroteq Energy on 11 Sep 2019.
Board would meet with David Sealock, CEO of Petroteq, to receive an update on the operational progress made by, and the company's investment in, Petroteq.
At 9:38am: [LON:AOGL] share price was 0p at 0.11p
Story provided by StockMarketWire.com
Having trouble getting past the 0.28 mark, but still creeping up nicely as more players become aware of the undoubted potential at PQE. Couple of the posters on this board doing sterling work notifying the masses. Once a few players do take notice I would think $1 more than possible imo.
This news today is excellent, we should be up and running with a consistent 300 -400 bopd in the next week and then onward to the 1000 bopd by q4
this is only going to keep rising
DYOR this is worth a look at especially at the SP it is
lets not forget that NASDAQ listing isn't far away !!
booooooom
GREAT RNS
Should see this rise from here, production has started . lets get it up to 1000bopd next few weeks
https://ir.petroteq.energy/press-releases/detail/327/petroteq-announces-positive-progress-for-its-vernal-utah
The facility maintenance program and equipment re-engineering modifications have been completed for the sand separation, clean sand production processes and the fluid and sediment extraction equipment. All the equipment is now on-site and the commissioning of these units is expected to start immediately.
Petroteq wishes to thank its shareholders for the extreme patience and long term support offered to date as Petroteq looks forward to the project delivering its potential in the weeks ahead.
Below is a graphic of Petroteq new plant design. Stage 3 and 4 includes the addition of new vibrating separation units that are designed to virtually eliminate the need of introducing abrasive sand into the centrifuges. Stage 5 is the new clean sand equipment, and stage 6 is the new sediment extraction equipment. Petroteq believes that these upgrades will reduce maintenance costs over the long term.
We invite investors to watch the “Follow the Molecule” video for a more detailed look.
https://www.youtube.com/watch?v=5nwywpYEEu0&t=163s