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Published on Jun 7, 2018
Petroteq Energy CEO David Sealock Interview tells Proactive Investors the integrated oil and gas company is facing strong growth as it continues to develop and implement proprietary technologies for the energy industry.
According to Sealock, the environmentally safe and sustainable technology can be used for the extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. Sealock says the proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures.
Sealock says the company is currently fully funded, with a recent raise of $2.5mln in February and $3mln last month.