other material
confidence high
sentiment positive
materiality 0.65
Sky Quarry restarts Nevada's only crude oil refinery after securing air permit
Sky Quarry Inc.
- Received air permit from Nevada Division of Environmental Protection; restarted Eagle Springs Refinery near Ely, NV on Sept 24, 2026.
- Completed ~$300,000 in repairs/upgrades from TAR360 assessment commissioned in 2025.
- Refinery nameplate capacity ~5,000 barrels/day; 15,000 barrels crude inventory on hand.
- Discussions ongoing on PR Spring farm-in and 7-megawatt power generation collaboration.
- Company supports Nevada oil exploration; USGS estimates 1.4B barrels undiscovered recoverable resources.