09:06 AM EST - Petroteq Energy Inc : Provides a corporate update and continues to emphasize the importance of developing and extraction of US oil sands reserves. Petroteq has developed a proprietary technology to extract oil from its reserves, at an attractive economic level. The Company's facility has been designed to operate at 500 barrels per day and the Company has designed the next generation oil sands plant with 5,000 barrels capacity. The Petroteq technology is unique because it uses no water, produces no emissions, and uses a facility that has a small land footprint. Its patented solvent washes the sand of oil and is almost 100% recycled for continued use with no negative environmental impact. Petroteq Energy Inc
shares O.PQEFF are trading down $0.04 at $0.33.
