Tomco Energy Share Discussion Threads

[fenners66] 19/10/2021 21:25

R. G. Bailey, Chairman and Interim CEO, Petroteq Energy Inc.

"I have"

"We successfully completed construction of a 500 bpd oil extraction plant;"
"We have analyzed and tested the clean sands"
"We have received a FEED (Front End Engineering Design) study"
"We have received a third-party technical evaluation"
"Our initial objective was to prove the economic model and environmental validity of the CORT process, and the initial commercial venture was construction of a 500 bpd plant"
" it is extremely important to emphasize the commitment of our entire team to the environment."
"We are working on the second stage (full engineering drawings) of the design"
"We have leased more acreage near Vernal,"
"We have established the viability and efficiency"


Well there it is in black and white , its publicly published info so it must be true.
Clearly Petroteq have done it all, TOM not even mentioned.
There will be some I'm sure that would want to contest that , but how could they ?
Take it up with R.G.Bailey CEO....

[lopodop] 19/10/2021 19:39

Petroteq may throw a line to TOM if the current predictions do not materialise.

[ducky fuzz] 19/10/2021 18:21

I've never owned a suspended share, I hope I never do.
Best of luck Paul. DF

[paulfromyahoo] 19/10/2021 18:03

Clearly Petroteq's creditors are very close to the source, have done their DD, and see the value in owning the technology. Without Petroteq's patent and Valkor's engineering expertise, TomCo would not even be on the radar at this point. The only process to pass independent Engineering certification and verification is Petroteq, and they own the patent.

I am long in Petroteq and in TomCo. Petroteq is the much safer bet, while TomCo is far more risky. If Valkor weren't privately owned, I would be long there as well.

Over the last year, Petroteq's long-standing patent was finally made successful in practice with Valkor's engineering expertise and TomCo's funding, and now they all stand to benefit.

[ducky fuzz] 19/10/2021 17:11

I'm amazed its creditors are still taking shares instead of cash.

[jaynealex] 19/10/2021 17:10

It's Tom and Greenfield's story being told by Petroteq !

[ajj2003] 19/10/2021 16:57

Good luck explaining that to them ;)

[busamitch] 19/10/2021 16:57

And there is the small matter of the NDA.

[ajj2003] 19/10/2021 16:54

No not that I can find. They do not want to spoil a good story now do they ;)

Obviously done everything off their own backs!

[vauch] 19/10/2021 16:45

Is their nothing in the letter regarding the hostile takeover?

[ducky fuzz] 19/10/2021 11:15

Online 0.62p to sell and 0.6275p to buy 1 Mill.

[rmart] 19/10/2021 10:39

LEVEL 2 GONE TO 2V1

[ducky fuzz] 19/10/2021 10:39

I suppose it is just a matter of sitting on our hands and waiting for news when it comes.

I am certainly glass half full.

1.4 Mill buy trades and 138k sells so far. DF

[vauch] 19/10/2021 10:27

Note that as not many posting om this thread, the other is dead this AM.

[rmart] 19/10/2021 10:18

good for you.

[hotfinance14] 19/10/2021 09:16

I expect a delay as I think it will take a lot longer to raise the funds.

[the diddymen] 18/10/2021 20:01

Ducky, 15th Nov I reckon.

[damac] 18/10/2021 18:39

Ducky, yes, I hope that we do. Although being in business, I recognise that despite the best intentions of all parties, delays can happen for whatever reason and as a result, I will not be fazed if there is any delay (assuming the reason for said delays are not detrimental to the overall delivery of the project.

To be clear (as no doubt the above will be taken by the 'unhinged' thread as me saying we should expect a delay, or that I now have serious concerns over Tomco/Greenfield's ability to deliver), I am not expecting it to go past 15th November.

[ducky fuzz] 18/10/2021 18:20

damac .. Do you think we'll find out about the $5 Mill finance before November 15th.

[ducky fuzz] 18/10/2021 18:03

So they are talking the talk but not walking the walk.

[damac] 18/10/2021 17:59

Hi Ducky,

I'm not aware that they are. They are certainly not connected to what is being proposed on TS2.

To me it just reads as Petroteq realising that they are being left behind and in an attempt to appear relevant to the oil sector, making it out that they are behind things that are happening elsewhere that are actualy of no connection to them.....


"Petroteq is also setting the pace for the other oil and gas companies to enhance their technologies and adopt carbon-negative initiatives."

[ducky fuzz] 18/10/2021 17:53

Hi damac .. How did PQE get involved in the CO2 game.

[damac] 18/10/2021 17:51

Petroteq Energy: The Industry Leader in Carbon Negative Technologies

by BRAND PARTNER AGENCY

October 16, 2021

Recent studies reveal that the amount of carbon dioxide in the atmosphere has reached the highest recommended level, but it’s still increasing. Experts in the field agree that greenhouse gas emissions need to be reduced drastically if the world is to combat the looming climate change consequences. Unfortunately, the process cannot be successful without a joint effort by all companies in the world.

Petroteq Energy Inc, a Canadian incorporated oil extraction company, leads the way in their industry in adopting technologies to curb carbon emissions. Global warming remains a significant threat to humanity, and Petroteq affirms it is time the industry plays its part to avert the situation. Since its establishment, Petroteq has remained committed to producing energy from fossil fuels but using environmentally friendly approaches.

Due to their commitment to conserving the environment by playing the stewardship role, Petroteq has been branded as the green energy company within the fossil fuel sector. Their endeavors revolve around engineering solutions to mitigate the extreme risks of climate change while using remediation efforts to global warming. It’s evident that global warming will cause a wide range of problems, from drought to diseases to disasters, among many other unforeseen dangers.

But global warming isn’t simply a result of carbon emission; it’s the result of various factors, among them are greenhouse gasses. The insufficient energy supply of green energy still relies on energy from fossil fuels. It also may not be practically possible to have the world fully depend on clean energy, even for the next 100 years. That said, oil and gas companies will have to continue with operations but subscribe to the international climate agreements.

The carbon-negative technology has proved to be the perfect concept at the moment to help reduce carbon emission while retrieving the unwanted carbon dioxide from the atmosphere. Petroteq Energy Inc is continually launching a series of technologies to acquire closer to 175 KG/MW or 300KG/BBL. Their target is to reduce their carbon emissions by at least 30%-40% by mixing their produced oil with the 30% bio-glycerin, which is a byproduct of biodiesel production.

Petroteq is also keen to drill wells into shallow oil sands at a target depth of 600-1500 ft. and injecting carbon dioxide at high temperatures. The process will aid the recovery of oil and absorb up to 700 KG/BBL or 410KG/MW. Essentially, this is net negative from production to consumer use and leaves a net negative of 60 KG/MW.

More significantly, Petroteq proves to other companies that carbon-negative approaches are feasible in the oil and gas industry. Petroteq is also setting the pace for the other oil and gas companies to enhance their technologies and adopt carbon-negative initiatives.

With a well-outlined plan, Petroteq is proving their technologies will revolutionize the oil and gas industry. There is no doubt that the world will need to rely on fossil fuel for a few more decades, thus the need for fossil fuel companies to play their role and reduce carbon emissions.