Energy Quest Signs Definitive Agreement With Cancen Oil Processors
Cancen to Provide Location and Feedstock for Testing Energy Quest’s 1000 Barrel per Day Heavy Crude Oil Upgrader Processing Plant.
EDMONTON, AB, July 30, 2009 (MARKET WIRE)
Energy Quest, Inc. (“EQI”) (OTCBB: EQST), an emerging leader in alternative energy, announced today that it has signed an agreement with Cancen Oil Canada Corp. to provide testing facilities and feedstock for the testing phase of the construction of a 1,000 barrels per day heavy crude oil upgrader. The upgrader will convert Heavy Crude Oil feed-stock to 32 API and above light oil.