Sky Quarry Inc. — Form 8-K
Filed September 24, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 68/100
What the filing says
Sky Quarry Inc. received an air permit from Nevada Division of Environmental Protection and restarted operations at Eagle Springs Refinery near Ely, Nevada (5,000 barrels/day nameplate capacity), operated by wholly owned subsidiary Foreland Refining Corporation. The Company completed approximately $300,000 in facility repairs and upgrades and currently holds ~15,000 barrels of crude oil inventory. The restart is positioned as Nevada's only operating crude oil refinery and a step toward ramp-up toward full capacity.
Why this rating
Refinery restart is operationally and strategically material for a $13.7M-market-cap company; $300K capex is ~2% of market cap. Permits and operations restart reduce prior uncertainty. However, execution risk on ramp-up, feedstock supply, margins, and competitive position remain high.
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