Officer buying at Petroteq Energy (V:PQE)

Aleksandr Blyumkin, a Senior Officer and Director, acquired 336,871 Common Shares on a direct ownership basis at a price of $0.740USD on September 4th, 2018. This represents a $328,607 investment into the company's shares and an account share holdings change of 9.4%.

Petroteq Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Petroteq Energy Inc, formerly MCW Energy Group Limited, is a Canada-based company. It has soil remediation and extraction technologies. Its oil sands extraction technology facilitates the extraction of oil from a range of bituminous sands and other hydrocarbon sediments. It operates through its subsidiaries, MCW Oil Sands Recovery, LLC (MCWO), engaged in mining and oil extraction from tar sands and Accord GR Energy, Inc. (Accord), engaged in using a technology to extract oil from oil wells. MCWO is engaged in a tar sands mining and oil processing operation, using a closed-loop solvent-based extraction system that recovers bitumen from surface mining in the Asphalt Ridge area of Uintah, Utah. Its 1,128-acre oil sands lease is located in Asphalt Ridge in the Uinta Basin and is approximately 10 miles from Vernal. Accord holds over three oil and gas leases in Edwards County, Texas and certain oil extraction technologies. It has an oil sands extraction plant in Vernal, Utah. Petroteq Energy Inc. (PQE) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $328,607.