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Petroteq Energy Inc

PQEFF

$0.00

- $1.00 (-100.00%) This month

Closed: 2 Feb 2024 21:00 US/Eastern

Key details

CEO

David Sealock

Employees

6

Headquarters

Sherman Oaks, US

Sector

Mining, Quarrying, and Oil and Gas Extraction

Industry

Crude Petroleum Extraction 

About Petroteq Energy Inc

mcw oil sands recovery, llc owns a patented, environmentally-safe, continuous flow closed-loop technology, which extracts oil from a wide range of oil and other hydrocarbon sediments types. mcw is focused on value creation of proprietary technologies for the environmentally-safe extraction of oil from oil sands and oil shale deposits, with an initial focus on utah and its first oil sands lease in asphalt ridge. mcw has a breakthrough, environmentally-friendly, proprietary oil sands extraction technology which is suitable for all hydrocarbon deposits. the closed-loop technology may also be applied for remedial project such as tailings ponds. after the launch of its first extraction plant in utah, the company is now scaling up its capacity with several additional, higher capacity extraction units within the state, which has over 30 billion barrels of undeveloped but recoverable oil. (doe estimate.) asphalt ridge, the location of mcw’s first plant, is one of utah’s 8 major oil sands depos

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