Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is providing this update on the status of the Company's filing of its quarterly report on Form 10-Q for the period ended May 31, 2021 . The Company anticipates that it will be in a position to file [...]
Regarding Petroteq Energy Inc. , , , Uppgard Konsult AB announces that on July 29, 2021, the company officially filed and published an amendment to the takeover offer of April 16, 2021 in the German Federal Gazette. In order to achieve the first objective of a simple majority, the target minimum holding for the takeover offer of 200 million shares [...]
Technical Review Indicates Production Costs of Approximately $22 per Barrel of Oil Produced Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction technologies, is pleased to announce that Kahuna Ventures LLC has reviewed operating data, process simulation data, and the Front End [...]
Petroteq Energy Inc. , an oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, is providing this bi-weekly update on the status of the Company's application for a management cease trade order which has now been filed by the Company with its principal regulator, the Ontario [...]
Greenfield Energy Also Receives Final FEED Study and Third Party Evaluation Report Petroteq Energy Inc. , an integrated oil company focused on the development and implementation of its proprietary oil-extraction technologies, is pleased to announce that the Front End Engineering and Design Study for a proposed 5,000 barrels of oil per day [...]
Petroteq Energy Inc. , an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announces that its securities counsel has been contacted, by the client of Uppgard Konsult AB, the Bidder, through legal counsel. While there is no guarantee that any discussions will [...]
Petroteq Energy Inc., cautions that, on July 16, 2021, the independent members of the Audit Committee of the Board of Directors of the Company, after discussion with the Company's Chief Financial Officer, concluded that: 1. the following previously-issued financial statements of the Company should no longer be relied upon: as contained in the [...]
Regarding Petroteq Energy Inc., Uppgard Konsult AB announces that on July 7, 2021 the Client signed an engagement letter with a renowned international law firm based in Canada with proven experience in the field of mergers and acquisitions as well as in the energy sector in general and oil & gas in particular. The scope of the work is to assist [...]
Petroteq Energy Inc. is pleased to announce that it has received irrevocable subscription agreements for gross proceeds of US$2,144,999.92 for an aggregate of 17,874,996 units of the Company at US$0.12 per Unit. Each Unit shall consist of one common share of the Company, and one transferable common share purchase warrant. Each warrant shall entitle [...]
Petroteq Energy Inc. announces its intention to complete debt conversion transactions with two arm's length lenders pursuant to which the Company will issue an aggregate of 2,333,176 common shares of the Company at a deemed price of US$0.094 per share in satisfaction of US$219,318.33, representing certain accrued and unpaid interest under [...]
Development of Sales Channels for Produced Sand Continues Petroteq Energy Inc. , a company focused on the development and implementation of its proprietary oil-extraction technologies, is pleased to announce that the oil produced last week at Asphalt Ridge Petroteq's oil sands facility was sold and collected by a buyer last Friday as expected [...]
Greenfield Energy Enters Into Membership Interest Purchase Agreement for up to 100% of TSHII Petroteq Energy Inc. . Our company, focused on the development and implementation of its proprietary oil extraction and reclamation technologies, is pleased to announce that the 250 barrels of oil produced last week at its oil sands plant at Asphalt [...]
