Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, remains devoted to delivering increased transparency while providing users with improved productivity and lower costs. The company intends to meet these standards by utilizing its blockchain-based platform along the way. A recent article highlighting the company reads: “Transparency is at the heart of all that Petroteq does. The company is dedicated to implementing the same standards it has in producing clean energy to the development of this new blockchain platform. In addition to being committed to the preservation of the environment, protection of heritage and cultural landmarks, safe work environments, employee safety and respect for local residents, Petroteq has committed itself to improving the transparency and accountability of the oil and gas sector. The company is actively engaged in creating an open peer-to-peer network, removing fraud and corruption along the supply chain. Petroteq management takes seriously their commitment to clean, sustainable energy and social responsibility in everything they do.”
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About Petroteq Energy Inc.
Petroteq Energy is engaged in the development and implementation of its proprietary environmentally friendly heavy oil processing and extraction technologies. The company’s proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge heavy oil extraction facility located near Vernal, Utah. The company also owns a minority stake in an exploration and production play located in southwest Texas held by Accord GR Energy Inc. Petroteq is also developing technologies to optimize petrochemical industry workflow processes. For more information, visit www.PetroteqEnergy.com.
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