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Sky Quarry signs non-binding LOI with E2 Lab Services to advance PR Spring facility completion

PUBT·11/09/2026 12:47:20
Sky Quarry signs non-binding LOI with E2 Lab Services to advance PR Spring facility completion
  • Sky Quarry signed a nonbinding letter of intent with E2 Lab Services to advance completion and commissioning of Utah’s PR Spring facility.
  • E2 would support engineering and startup preparations, targeting an initial execution plan within approximately 30 days of receiving necessary information and site access.
  • More than $60 million has been invested in PR Spring, where substantially all operating infrastructure is already installed.
  • The facility has planned production capacity of approximately 2,000 barrels per day; its leases contain an estimated 184 million barrels of discovered resources.
  • A planned retrofit would enable recovery from oil sands and waste asphalt shingles, with recovered oil destined for the company’s Foreland Refinery.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sky Quarry Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611090745PRIMZONEFULLFEED9873054) on November 09, 2026, and is solely responsible for the information contained therein.