Company announces plans for EPC commissioning and start-up operations

Petroteq Energy Inc. has increased its focus on the final engineering, procurement, and construction (EPC) processes to prepare for the immediate commissioning and start-up procedures for the Asphalt Ridge heavy oil extraction facility located near Vernal, Utah.

By Petroteq Energy Inc. May 3, 2018

Petroteq Energy Inc. has increased its focus on the final engineering, procurement, and construction (EPC) processes to prepare for the immediate commissioning and start-up procedures for the commercial operations of Phase 2 – 1,000 BOD/day expansion of the Asphalt Ridge heavy oil extraction facility located near Vernal, Utah.

While the company reported in early March that all systems at the plant were operational, the company’s plan is for the final stages of engineering and construction to integrate all of the operating functions to work in simultaneous progression to achieve commercial production in May. Since March 2018, the company:

  • Is completing the final stages of the construction activities on the project with operations personnel focused on critical path items;
  • Is completing the local downstream market contracts for the Asphalt Ridge heavy oil production;
  • Is continuing to investigate and pursue business development opportunities for the company’s technology, to demonstrate the technology’s favorable extraction processes; and
  • Is broadening its working relationships with leaseholders and government agencies supporting the development of Utah Oil Sands.

"Petroteq has taken major strides in developing technology to transform Utah’s oil-rich resources to energy," said CEO David Sealock. "We expect the Phase 2 – 1,000 BOD/day expansion of the Asphalt Ridge heavy oil extraction facility to demonstrate the multi-decade production commercial viability of the company’s patented and unique technology. As the team finalizes our construction work packages and implements a five-stage commissioning and startup process, we are on target to transfer the facility to production operations in May." 

Petroteq Energy Inc.

www.petroteq.com 

– Edited from a Petroteq press release by CFE Media.