Petroteq Energy Company Description
Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States.
It holds rights to mine, extract, and produce oil and associated hydrocarbons and minerals from oil sands containing heavy oil and bitumen under mineral leases covering approximately 1,671,91 acres in the Asphalt Ridge area of Utah, including 320 acres held under the TMC Mineral Lease and an additional 1,351.91 acres held under three Temple Mountain State of Utah’s School and Institutional Trust Land Administration Leases.
The company also operates rights under five leases covering lands consisting of approximately 5,960 acres situated in Uintah, Wayne, and Garfield Counties, Utah.
In addition, it is developing a blockchain-powered supply chain management platform for the oil and gas industry.
The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017.
Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.
| Country | Canada |
| Founded | 2010 |
| Industry | Oil & Gas Exploration & Production |
| Sector | Energy |
| CEO | Vladimir Podlipskiy |
Contact Details
Address: 15315 West Magnolia Boulevard Sherman Oaks, Ontario 91403 United States | |
| Phone | (800) 979-1897 |
| Website | petroteq.com |
Stock Details
| Ticker Symbol | PQEFF |
| Exchange | OTCMKTS |
| Stock Type | Common Stock |
| Fiscal Year | September - August |
| Reporting Currency | USD |
| ISIN Number | CA71678B1076 |
| SIC Code | 1311 |
Key Executives
| Name | Position |
|---|---|
| Dr. Vladimir Podlipskiy Ph.D. | Chairman, Chief Technology Officer and Interim Chief Executive Officer |
| Ronald Cook CPA | Interim Chief Financial Officer and Director |
| Paul Davey | Director of Communications |
| Dr. Donald Clark Ph.D. | Chief Geologist |
| Robert Grossman LLB | Corporate Secretary |
| Joseph W. Abrams J.D. | Financial Advisor and Member of Board of Advisors |