A small but ambitious energy technology company has set its sights on bringing to market, some of the largest “oil deposits” on earth: the vast and mostly untouched oil sands piled up across Canada, Russia, Venezuela and the deserts of the American southwest.
With oil prices once again exceeding $70 a barrel, the company has suddenly popped onto the radar screens of energy investors everywhere.
The company is Petroteq Energy (TSX:PQE.V; OTC:PQEFF) a Utah-based technology firm that has patented a new “clean” extraction technology that could revolutionize the entire oil sands industry.
The Next Step in oil extraction tech
Oil sands are naturally occurred soils lying at or near the earth’s surface that are a mixture of sand, clay, water and a thick, tar-like form of petroleum known …View the full post at: The Tech That Could Transform The Oil Sands Industry …
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