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Not long before we see this listing on the nasdaq have a look guys
September is going to be a good month
https://ir.petroteq.energy/press-releases
https://content.equisolve.net/_5e18a349ce15c38fda4dadc27d6b6ba7/petroteq/db/207/2256/pdf/Report+OSB.pdf
SHERMAN OAKS, Calif., Aug. 29, 2019 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands mining oil company with patented - proprietary clean oil recovery technology (CORT)?, is pleased to announce that the 30-day comment period for the Company’s 3,000 barrel per day expansion permit has ended and the State of Utah, Department of Oil, Gas, and Mining Division (UDOGM) did not receive any comments on the Company’s Significant Revision Notice of Intent (NOI).
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PDF Release PDF
The UDOGM has indicated that based on the tentative approval letter issued on July 23, 2019, and since UDOGM received no comments, UDOGM can now formally approve the Company’s proposed expansion NOI, contingent on the final modification to the reclamation contract and an increase to the surety bond currently in place with the UDOGM to meet the requirements of the modified reclamation contract.
“The expansion development of our Asphalt Ridge property is another important step in our long-term growth strategy,” said David Sealock, Petroteq Chief Executive Officer. “Building on our current production base is expected to offer several advantages: we know the area geology well, our CORT allows us to minimize potential environmental impacts, and it is relatively straightforward to link the expansion project into existing facility infrastructure.” Mr. Sealock also stated, “Dr. Donald Clark, our Chief Geologist, did an excellent job regarding the environmental and engineering studies and in the preparation for filing of the regulatory application. We believe this work and permit approval demonstrates both the scalability of the technology and economic feasibility”.
Project cost estimates for the Phase 2 expansion, will be provided to PQE’s Board of Directors for final sanctioning once final engineering is completed.
PATENT PROTECTION
THE PROCESS OF PROTECTING PETROTEQ'S PROPRIETARY EXTRACTION TECHNOLOGY WORLDWIDE IS ONGOING.
Petroteq's patent portfolio includes technology for the environmentally-safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. Petroteq has been involved in the patent protection processes since its initial technology development in 2011.
Petroteq has received patent protections in three key markets: The United States, Canada and Russia.
A U.S. patent and corresponding foreign patents in Russia and Canada have been issued that cover the significant features of a system and process for extracting oil from oil sands. Also covered are key aspects of the extraction process that include:
Appropriate solvents and additives for use in the process;
A methodology for employing the oil sands extraction process; and
Engineering and interactive design features of the system.
The Patent Protection details for an "oil from oil sands extraction process" can be reviewed at length under the following Patent Protection numbers:
9884997 - US
2754355 - Canada
2571827 - Russia
Petroteq's extraction technology utilizes no water in the extraction process, produces no greenhouse gases and requires no high temperatures/pressures. It extracts up to 99% of all hydrocarbon contents and recycles up to 99% of the benign solvents. The proprietary solvent composition consists of hydrophobic, hydrophilic and polycyclic hydrocarbons. In testing periods, these solvents separated up to 99% of heavy bitumen/asphalt and other lighter hydrocarbons from the oil sands while preventing their precipitation during the extraction process. Solvents used in this composition form an azeotropic mixture which has a low boiling point of 70-75 C degrees. Petroteq expects to recycle over 99% of the solvents used. These features make it possible for hydrocarbon extraction from oil sands feedstock at mild temperatures of 50-60 C degrees... with no vacuum or pressure applied. There's no need for tailings ponds because the only elements that leave the closed-loop system are the extracted crude oil and the cleaned sands, which can be placed back in the earth or sold as clean sand for construction or fracking purposes.
https://petroteq.energy/technology/oil-sands-extraction
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 nearly five years of research by Petroteq's research and engineering teams, headed up by Chief Technology Officer Dr. Vladimir Podlipskiy, well known for his work with benign solvents. Over this period of time, Petroteq gradually enhanced and improved the efficiencies of its technology at each stage of fabrication with better dryer/mixer components and a higher consistency of oil sands flow. This extraction technology is versatile...it can be effectively applied to both "water-wet" deposits (such as the oil sands projects in Alberta, Canada) or the "oil-wet" deposits such as the resources typically found in Utah.
https://petroteq.energy/technology/oil-sands-extraction
Dodger777
it was this fool....
https://twitter.com/aimidiottrader/status/1167337181796536322?s=17
https://twitter.com/toptradersadvfn/status/1145584018685145088?s=21
https://twitter.com/justsharesonaim/status/1145583246966738944?s=21
https://twitter.com/justsharesonaim/status/1145584245961891840?s=21
Online demand into the UK and launch at the same time as the USA. Who cares that we have had a little work over done at east Denver!! The acceleration on the Zoetic side is massive
Allthatglitters
whoops thanks for that you are correct ;-)
still waiting gold dust........ hellooooooooooo are you around or have you done one?
9.30p being paid and fill or kill orders are waiting like we are waiting on your charts gold dust?
still waiting to see your charts mate!!! and them who know me are the ones that are laughing at you hahahahahaha
please post charts and hurry up about it or just do one
nice 300k share buy he must know its going up gold dust
https://twitter.com/Justsharesonaim/status/1141673417302794240?s=17
this guy seems to know his charts and he said its minimal downside and maximum upside,
gold dust show me your charts for a comparison please..? very interested to see what you are talking about
thanks in advance
Great post Dave...
As we all know from recent engagements with the BOD things are happening, And as you rightly say all the seeds are going up in price, I smell money and lots of it.. minimal downside on the charts maximum gains that's why all the rubbish is out on here!! and I have been informed of a trading update along with others that's not far away that will talk about the other projects that seem to be put to the side? maybe... maybe not DYOR and good luck I added a fair amount recently and I know people are sniffing to add more, and why not its at the bottom!!
looking good on the charts!!
https://twitter.com/Justsharesonaim/status/1131942171781808129?s=17
Bravo Subs. Always appreciate the findings from you. Thanks for sharing
haaaaaaaaaaahaaaaaaaaaaahaaaaaaaaaaaahaaahahahahahahahahahh
"Has cubic zirconia over stepped the mark again???!?!!? "
post of the day 10 out of 10