Petroteq Energy Inc. Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

9 Months Ended

May 31, 2019

	May 31, 2019
(in '000s of dollars)	Oil Extraction		Mining operations		Consolidated
Additions to non-current assets	$	7,851	$	10,800	$	18,651
Reportable segment assets		37,291		19,655		56,946
Reportable segment liabilities	$	10,584	$	169	$	10,753

	May 31, 2018
(in '000s of dollars)	Oil Extraction		Mining operations		Consolidated
Additions to non-current assets	$	3,025	$	-	$	3,025
Reportable segment assets		22,959		9,047		32,006
Reportable segment liabilities	$	7,821	$	169	$	7,990

	May 31, 2019
(in '000s of dollars)	Oil Extraction			Mining operations			Consolidated

External Revenues	$	59		$	-		$	59
Cost of Goods Sold		729			199			928
Gross Loss		(670	)		(199	)		(869	)
Operating Expenses
General and administrative		593			13			606
Travel and promotion		1,959			-			1,959
Professional fees		3,363			-			3,363
Legal fees		1,343			-			1,343
Research and development		113			-			113
Salaries and wages		1,043			-			1,043
Share-based compensation		916			-			916
Loss on settlement of liabilities		98			-			98
Loss on convertible debt		100			-			100
Interest expense		2,534			-			2,534
Equity loss		150			-			150
Other income		(95	)		-			(95	)
Depreciation and amortization		54			-			54
Net loss	$	12,841		$	212		$	13,053

	May 31, 2018
(in '000s of dollars)	Oil Extraction			Mining operations			Consolidated

External Revenues	$	-		$	-		$	-
Cost of Goods Sold		29			205			234
Gross Loss		(29	)		(205	)		(234	)
Operating Expenses
General and administrative		401			11			412
Travel and promotion		2,087			-			2,087
Professional fees		1,576			-			1,576
Legal fees		140			-			140
Salaries and wages		639			-			639
Share-based compensation		2,523			-			2,523
Gain on settlement of liabilities		(216	)		-			(216	)
Interest expense		323			-			323
Other income		(51	)		-			(51	)
Equity income from investment in Accord Energy		-			-			-
Depreciation and amortization		890			-			890
Net loss	$	8,341		$	216		$	8,557