Sky Quarry Confirms Production at Nevada Refinery Amid Strong Diesel Demand
Key Highlights
- ➤Refinery production underway after Nevada permit, repairs, and successful restart
- ➤Sky Quarry targets progressively higher throughput and expanded commercial sales
- ➤Diesel crack spreads reached approximately $133-$136 per barrel, up about 300%
- ➤Eagle Springs has approximately 5,000 barrels-per-day nameplate processing capacity
Expert Statements
Marcus Laun, Interim Chief Executive Officer of Sky Quarry
“Moving from a refinery restart to actual petroleum production is a tremendous milestone for Sky Quarry and our shareholders”
Marcus Laun, Interim Chief Executive Officer of Sky Quarry
“The plant is operating as expected. We are excited by the support we are getting from our community of suppliers and customers. The refinery operates in a niche within the larger regional petroleum market.”
Marcus Laun, Interim Chief Executive Officer of Sky Quarry
“Our refinery produces the products that keep the economy moving — diesel for transportation and industry, vacuum gas oil and naphtha for downstream markets, and asphalt for roads and infrastructure. We now have the opportunity to turn those products into meaningful revenue and cash flow while steadily increasing production.”
WOODS CROSS, Utah, Oct. 22, 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 that refined petroleum production is underway at its Eagle Springs Refinery near Ely, Nevada. Operated by wholly owned subsidiary Foreland Refining Corporation, the refinery produces diesel and distillate fuels, vacuum gas oil, naphtha, and liquid paving asphalt.
Production follows the Company’s receipt of its Nevada air permit in September, completion of refinery repairs and upgrades, and successful restart. With production underway, Sky Quarry is focused on increasing throughput, expanding product sales, and generating operating cash flow.
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