Petroteq Updates Utah Facility

Posted by Staff Writer on 5/23/2018 to Energy Industry

IncSmart Utah (Small Business and Startups) - Petroteq Energy expands it's plant in Vernal Utah for Asphalt Ridge Heavy Oil extraction. All systems at the plant are fully functional for the May commercial production date. Petroteq Energy is a Canadian registered LLC with offices in Toronto and Los Angeles. It's initial plant will be in Vernal Utah. Utah has over 30 billion barrels of undeveloped oil fields.

Petroteq wants to transform the Utah's rich energy possibilities. Petroteq has created it's own unique patent for oil production for oil sand areas. This new patent is environmentally safe for heavy oil extraction. Vernal Utah is located 170 miles east of Salt Lake City. Vernal Utah unemployment rates stands at 6.9%.

By IncSmart Staff Writer

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