Sky Quarry seeks partners to accelerate Utah PR Spring oil sands development via RFP

• Sky Quarry launched an RFP to seek farmout partners to accelerate development of its PR Spring oil sands project in Utah, targeting commercialization of an estimated 180 million barrels of resource.
• Asset covers about 5,900 acres, holds 100% working interest, includes a constructed processing facility backed by about $60 million of prior investment.
• Feasibility work outlines capacity of about 1.5 million tons per year of feedstock processing, expected production cost near $35 per barrel, heavy oil output of about 2,000 barrels per day.
• Incremental capital to reach production readiness estimated at $4 million to $5 million.

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 ACCESS Newswire (Ref. ID: 202605040800ACCESSWRNAPR_____1163405) on May 04, 2026, and is solely responsible for the information contained therein.