GlobeNewsWire
24 Sept 2026, 11:45 UTC · 6w ago
Sky Quarry Restarts Nevada's Only Crude Oil Refinery
Impact · against what's priced in
Sky Quarry has achieved a critical operational milestone by restarting the Eagle Springs Refinery. While the restart enables immediate revenue, the company's very low crude inventory (only 3 days of feedstock) creates significant execution risk for sustaining operations.
- SKYQ+0.60
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- In context
The company secured a Nevada air permit and restarted the Eagle Springs Refinery with a 5,000 barrel per day capacity after minimal CapEx of $300,000. However, current inventory of 15,000 barrels is critically low, covering only 3 days of production.
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