Petroteq Energy Inc.


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About Petroteq Energy Inc.

Petroteq Energy Inc. is a Canadian-registered holding company, publicly trading on the TSX Venture Exchange (Symbol: PQE) and the OTC trading platform (Symbol: PQEFF). Its offices are located in Toronto, Ontario, Canada, Los Angeles, California and its initial oil sands processing plant is in Vernal, Utah.

Petroteq is engaged in the development and implementation of its proprietary environmentally friendly heavy oil processing and extraction technologies. The proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. The Company is currently focused on developing its oil sands resources and expanding production capacity at its Facility at Asphalt Ridge, Utah.

The Opportunity: Recovering Heavy Oil Has Been Difficult

In Utah, Colorado and Wyoming alone, there are 1.2 trillion to 1.8 trillion barrels1 of oil locked in sand and shale
- U.S. Department of Energy

Existing processes require large capex/economies of scale, leave vast tailing ponds that take years for land reclamation



  • Modular and Small Foot print/capex
  • Produces no greenhouse gases
  • Requires no high temperatures/opex
  • No waste - leaves clean dry sands
  • Could be deployed worldwide
  • Could unlock global heavy oil deposits


  • 2,500+ acres leased in Utah
  • 87.495 million barrels of shallow high grade resource
  • Produced approximately 10,000 barrels at 250 bod pilot facility
  • Relocated and upgraded plant to 1000 bod
  • Goal: 4,000 bod production in Q1 2021