Petroteq’s Oil Extraction Plant Nears Completion and Full Production

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Oil sands extraction innovator Petroteq Energy, Inc., forecasts that by the second half of 2018, its heavy oil extraction facility located in Asphalt Ridge, Utah, will be operating at full capacity, producing 1,000 barrels of oil per day (BOD). This is despite some minor logistical issues surrounding construction and electrical materials, which delayed the project only minimally, according to Petroteq CEO David Sealock. “The facility should be in full commissioning and …

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