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Sky Quarry Unveils Strategic Roadmap To Scale Foreland Refinery To 800K Barrels Annually

Benzinga·05/22/2025 12:47:33
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"Scalable roadmap sets stage for up to 800,000 barrels annually through steady operations and targeted investments"

WOODS CROSS, Utah, May 22, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced a comprehensive strategic roadmap for its wholly owned subsidiary, Foreland Refining Corporation ("Foreland"). The plan is designed to scale operations to a sustained production rate of up to 800,000 barrels per year.

Titled the "Path to Full Production," the phased plan positions Foreland, Nevada's only operating refinery, as a key piece of regional energy infrastructure, helping to stabilize fuel supply across the Western U.S. Each stage is supported by clearly defined operational, technical, and financial benchmarks.

The Refinery is currently operating at up to 3,600 barrels per day, with expansion efforts already underway. The roadmap outlines four key production milestones: 45,000, 60,000, 80,000, and 100,000 barrels per month. Foreland expects to reach this peak level during periods of high seasonal demand. These are monthly targets, with production rising in the summer and easing back in winter. At full capacity, this translates to an annualized peak rate of 800,000 barrels, though actual output will vary seasonally.

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