PQEFF) gives contact to Uppgard Konsult AB. famous

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Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil production and remediation technologies, announced today that its securities advisor is from Uppgard Konsult’s client. AB (the “Bidder”) was contacted through legal counsel. The update clarifies that while there is no guarantee that conversations will result in meaningful conversation or a transaction, the company has indicated to the bidder’s Canadian attorney that it is open and ready to begin conversations.

To view the full press release, visit https://ibn.fm/CHNzq

About Petroteq Energy Inc.

Petroteq is an integrated oil company focused on the development and implementation of a new proprietary technology for oil production and remediation. The company has an environmentally friendly and sustainable technology for the extraction and recovery of heavy oil and bitumen from oil sands and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq is currently focused on developing its oil sands resources and expanding manufacturing capacity in Asphalt Ridge near Vernal, Utah. Further information is available at www.Petroteq.energy.

NOTE TO INVESTORS: For the latest news and updates on PQEFF, visit the company’s newsroom at http://ibn.fm/PQEFF

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