Sky Quarry Enters a Powerful New Chapter: Refinery Restart Emminent, Nevada Oil Initiative and Visibility Put (NAS DAQ: SKYQ) in the Spotlight
Ohio Pen/10339221

WOOD CROSS, Utah - OhioPen -- Sky Quarry Inc. (N A S D A Q: SKYQ) is heading into September with a series of developments that could make the coming months particularly important for shareholders. After spending much of 2026 focused on refinery repairs and positioning its operations for the next stage, the company is now moving toward what could be a significant operational inflection point.

At the center of the story is the company's Foreland Refining/Eagle Springs Refinery in Nevada, a strategically located facility with reported capacity of up to 5,000 barrels per day.

Management has indicated that refinery production is targeted to resume in September 2026, creating the potential for Sky Quarry to transition from an extended development and repair period into a more active production and revenue-generating phase.

For investors, that transition is important.

$SKYQ is increasingly becoming a story about what comes next.

The Refinery Could Become the Company's Growth Engine

Sky Quarry's Nevada refinery represents one of the company's most important assets and provides the foundation for its broader energy strategy.

The upcoming restart gives investors a potentially significant catalyst to watch.

Once operations are running consistently, the market will have a much clearer opportunity to evaluate the company's refining capabilities, customer relationships, product sales and ability to generate operating cash flow.

The potential is particularly interesting because Sky Quarry is not simply pursuing refinery operations in isolation.

The company is working toward building a vertically integrated regional energy platform in which crude resources, refining infrastructure and resource-recovery technologies can work together.

That strategy could provide Sky Quarry with several avenues for future growth.

Key developments investors are watching:

• Foreland/Eagle Springs Refinery targeting a September 2026 production restart
• Refinery capacity of up to 5,000 barrels per day
• Expansion of regional crude-supply opportunities
• The new $50 million Nevada oil-development initiative
• Continued advancement of Sky Quarry's resource-recovery and recycling technology
• Strengthening of the company's financial and executive leadership

Taken together, these developments create an increasingly interesting setup heading into the second half of 2026.

$50 Million Nevada Oil Initiative Could Be a Major Strategic Opportunity

One of the most intriguing developments is Sky Quarry's initiative involving as much as $50 million for Nevada oil exploration and development.

The opportunity goes beyond simply finding additional oil.

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Sky Quarry is looking to help develop regional production while potentially creating stronger relationships with producers and securing future crude supply for its refinery.

That could become strategically valuable.

Reliable regional feedstock can be an important competitive advantage for a refinery, and Sky Quarry is attempting to position itself closer to the source of that supply.

Nevada also represents an interesting emerging energy market. Recent company communications have pointed to significant estimated undiscovered petroleum resources in the state.

If Sky Quarry can successfully participate in developing even a portion of that regional resource opportunity, the potential impact could extend well beyond its existing refining operations.

The company is essentially working to build an energy ecosystem around its Nevada assets.

New CFO Brings Additional Financial Firepower

Another encouraging development is the appointment of Heidi C. Bowman as Chief Financial Officer.

Bowman brings more than two decades of strategic finance experience, including private equity, oil and gas, logistics and other industries.

Her arrival comes at an especially important time for Sky Quarry.

As the company moves toward restarting its refinery while simultaneously advancing its broader growth initiatives, experienced financial leadership could become increasingly valuable.

The objective now is straightforward:

Move from development and investment into execution and operating growth.

A successful transition could dramatically change how investors view the company.

The Technology Story Adds Another Dimension

Sky Quarry also has something that makes its story different from a conventional small refinery company: its focus on resource recovery and recycling technology.

The company's proprietary ECOSolv™ technology is designed to recover oil from materials including oil-saturated sands, soils and waste asphalt shingles.

This creates the possibility of converting materials traditionally considered waste into usable resources.

The long-term opportunity is significant because Sky Quarry's strategy potentially connects:

Energy + Refining + Resource Recovery + Recycling + Environmental Remediation.

That combination could give the company multiple potential avenues for future revenue growth.

Its PR Springs project remains an important component of this longer-term strategy, with commercialization efforts continuing to develop.

Nasdaq Listing Provides Important Visibility

Sky Quarry's presence on the Nas daq Capital Market under the symbol SKYQ also gives the company visibility among public-market investors at a critical stage of its development.

For an emerging company attempting to scale operations and attract additional capital, maintaining a Nasdaq listing can provide access to a much broader investment audience.

The company's upcoming September 18, 2026 Special Meeting of Stockholders is another important corporate event for investors to watch, with shareholders being asked to vote on several proposals involving the company's capital structure and 2026 incentive plan.

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These actions are part of Sky Quarry's effort to position the company for its next phase of growth.

Why the Story Is Becoming More Interesting

Perhaps the biggest reason investors are beginning to pay closer attention to Sky Quarry is the number of potential catalysts now converging.

The company has moved through a period dominated by refinery repairs and development work.

Now, the narrative is changing.

Production.
Expansion.
Resource development.
Technology commercialization.
Capital-market visibility.

Those are very different words from simply "development-stage company."

If the refinery restart proceeds successfully and Sky Quarry begins demonstrating consistent operations, the company could have an opportunity to establish a much stronger fundamental story around its existing assets.

The Sky Quarry Investment Story in Five Points

• Strategic Nevada refinery: Existing infrastructure with reported capacity of up to 5,000 barrels per day.
• Potential regional supply advantage: The company is working to develop relationships with Nevada oil producers.
• $50 million oil initiative: Potentially expands Sky Quarry's role in Nevada's emerging energy-development market.
• Innovative recycling technology: ECOSolv™ provides a potential pathway toward converting waste and oil-bearing materials into valuable resources.
• Multiple future catalysts: Refinery production, resource development, technology commercialization and corporate growth initiatives could all contribute to the company's next chapter.

Investor Outlook: Sky Quarry Could Be Approaching Its Inflection Point

There is a growing sense that Sky Quarry is entering a much more consequential period of its corporate development.

The refinery restart expected this month is the immediate catalyst, but the bigger story may be what happens afterward.

A functioning refinery can generate operating activity.
Regional oil development can potentially strengthen feedstock opportunities.
ECOSolv™ and PR Springs provide longer-term technology and resource-recovery potential.
And experienced financial leadership can help guide the company through its next stage of expansion.

That combination gives NAS DAQ: SKYQ a compelling story to watch.

Of course, Sky Quarry remains an emerging company, and execution will ultimately determine how much of this opportunity becomes reality. But investors looking for small-cap energy companies with real infrastructure, identifiable catalysts and multiple avenues for future growth may find Sky Quarry increasingly difficult to overlook.

The next chapter is no longer just about building the opportunity.

It is about putting the assets to work.

And with the Foreland Refinery targeting a September return to production, Nevada oil development gaining momentum and Sky Quarry continuing to advance its resource-recovery strategy, N A S D A Q: SKYQ could be entering one of the most exciting periods in the company's history.

For more information on SKYQ visit:  https://skyquarry.com

Media Contact
Company Name: Sky Quarry Inc. (N A S D A Q: SKYQ)
Contact Person: Marcus Laun, CEO
Email:  ir@skyquarry.com  or  shareholdercommunity@skyquarry.com
Phone: (424) 394-1090
Country: United States

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