2000 Barrels Per Day Production Planned at Utah Oil Facility via LOI for Collaboration with E2 Lab Services and Sky Quarry Inc. (Nasdaq: SKYQ)

$SKYQ Also Advancing on $50 Million Investment to Support Domestic Oil Exploration & Production, Completely Non-Dilutive to ShareholdersWOODS CROSS, UT - November 11, 2026 - Sky Quarry Inc. (Nasdaq: SKYQ), an energy infrastructure company focused on domestic refining and resource development, has announced that it has signed a non-binding letter of intent (“LOI”) with E2 Lab Services & Consulting LLC to evaluate and negotiate a potential strategic collaboration relating to the completion, commissioning and operational readiness of the SKQ PR Spring facility in Utah.Under the proposed collaboration, E2 would provide engineers, technical specialists and operational personnel to assist the SKYQ team in reviewing PR Spring’s existing infrastructure and installed equipment, preparing a prioritized engineering and completion plan, developing production workflows and operating procedures, and supporting commissioning and the initial production ramp.

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