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Sky Quarry Announces Release of New CEO Interview Highlighting Nevada Refinery Restart, Growth Strategy and Path to Increased Production

Globe Newswire•05/10/2026•08:30 ET
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Key Highlights

  • ➤Eagle Springs refinery restarted after facility improvements and Nevada air permit approval
  • ➤Sky Quarry (SKYQ) expects continued production ramp through 2027
  • ➤Utah oil sands lease expected to contain approximately 180 million barrels equivalent
  • ➤Sky Quarry hired an experienced refinery manager to lead Nevada operations
  • ➤Western refining capacity constraints and challenged global diesel supply support strong margins

Expert Statements

Marcus Laun, Chief Executive Officer of Sky Quarry

“We are in the final stages of a turnaround. We now have working capital, an operating refinery and a clear strategy for growth. With our Nevada refinery returning to production and our Utah operations advancing toward commercialization, we believe Sky Quarry is positioned to create meaningful value for shareholders while supporting energy production in the western United States.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“It took us some time to secure the permit, but we're excited that process is complete and we're good to go on the refinery.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“This is an attractive time to be operating in the refining business, particularly in the western United States where refining capacity has been reduced. We believe our Nevada operations can play an important role in helping supply regional fuel markets.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“Our Utah asset sits on an oil sands lease expected to contain the equivalent of approximately 180 million barrels of oil.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“As the United States continues to evaluate domestic energy resources, we believe Utah's oil sands will become an increasingly important component of the energy landscape.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“Investors should expect a continued ramp in production through 2027.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“We recently hired a highly experienced refinery manager to lead Nevada operations, allowing our team to focus on business development and growth opportunities in Utah. Our objective is to have both facilities contributing meaningfully to revenue generation as we execute on our long-term strategy.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“The western United States continues to face refining capacity constraints, while global diesel supply remains challenged.”

Marcus Laun, Chief Executive Officer of Sky Quarry

“Current market conditions have resulted in strong refinery operating margins, and we believe those dynamics create a compelling opportunity for Sky Quarry as we scale operations.”

WOODS CROSS, Utah, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or the "Company"), an energy infrastructure company focused on domestic refining and resource development, today announced the release of a new interview featuring Marcus Laun, Chief Executive Officer of Sky Quarry, hosted by Stuart Smith of SmallCapVoice.com.

During the interview, Laun discussed the Company's recent achievement in restarting operations at the Eagle Springs facility, Nevada's only crude oil refinery, along with key milestones, growth initiatives and operational plans for 2027.

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