Dec 8, 2022
Approval Received for Enhanced Oil Recovery in Utah
Findings of Fact and Conclusions of Law and Order were issued by the Board of Oil, Gas and Mining of the Department of Natural Resrouces for the State of Utah in favor of Valkor / Heavy Sweet Oil
Aug 31, 2022
Valkor Successfully moves the Battleship Texas to Shipyard for Repairs
Valkor, prime contractor for the Battleship Texas Refurbishment Project, has completed the transport of the Battleship Texas from it berth near the San Jacinto monument to Galveston for refurbishment at the Gulf Copper shipyard
Jun 5, 2022
Battleship Texas Update: Drydock Arrives in Galveston
A major milestone has been reached in the Battleship Texas repair project has been reached with the arrival of the salvaged drydock at the shipyard in Galveston, TX
Apr 1, 2022
Heavy Sweet Oil Targets Drilling Program Start for 4th Quarter 2023
Heavy Sweet Oil receives Netherland and Sewell Oil In Place Report for Asphalt Ridge Acreage of 4.25B bbl of oil in place
Mar 22, 2022
Valkor Technologies Awarded Road Chemical Contract with Adams Country, CO
Valkor Technologies has received the award from Adams Country, Colorado to provide road chemical to the award winning county. The contract is for one year and approximately 75 miles of roads with extension for up to five years .
Mar 4, 2022
1000 Truck Contract Completing for Nigerian PEF Contract
Oltranz IOT has made the final delivery on a 1000 unit truck tracking and petrol monitoring program with the Nigerian Petroleum Equalization Fund, expected to result in a 10,000 truck order in the near future.
Dec 15, 2021
3RD Party Verification Report of Oil Sands Technology and Economics is Issued
Valkor has received a third party evaluation of the oil sands technology, confirming technical and economic feasibility below $25 per bbl production cost.
Dec 15, 2021
Utah Rail Extension Approved
The Utah Surface Transportation Board granted approval for the Seven Country Infrastructure Coalition to operate a new railroad line in Utah. Negotiations are ongoing to terminate on or near Valkor leases lands near Vernal, Utah.