Sky Quarry Inc. is an enterprise with a diversified operational scope spanning oil production, refining, and ecological restoration. The company's environmental endeavors involve the reclamation of oil-saturated lands and the recycling of spent asphalt shingles. In its energy division, Sky Quarry focuses on the exploration and development of oil sand resources, in addition to processing heavy crude oil to yield diesel and various other petroleum-based products. Founded in 2019, the firm initially conducted business as Recoteq Inc., before officially adopting its current name, Sky Quarry Inc., in April 2020. Its corporate headquarters are located in Woods Cross, Utah.
Sky Quarry Announces Release of New CEO Interview Highlighting Nevada Refinery Restart, Growth Strategy and Path to Increased Production
Sky Quarry promoted a new CEO interview with Marcus Laun highlighting the restart of the Eagle Springs refinery, Nevada's only crude oil refinery, following completion of facility improvements and receipt of the required Nevada air permit.
Laun said the company has working capital, an operating refinery, and plans to ramp Nevada production through 2027 while advancing its Utah oil sands asset, which management estimates holds the equivalent of approximately 180 million barrels of oil.
Management cited western U.S. refining capacity constraints and strong refining margins as a favorable backdrop, though the release is a promotional interview with no new financial disclosures.