Sky Quarry Advances $50 Million Nevada Oil Development Program to Support Lower-Cost Regional Feedstock

Third-party financing is structured to support Nevada producers while remaining non-dilutive to Sky Quarry shareholders. WOODS CROSS, UT / ACCESS Newswire / August 5, 2026 / Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or the "Company"), an energy infrastructure company focused on domestic refining and resource development, today announced that it is advancing a proposed Nevada oil exploration and production initiative targeting up to $50 million of third-party investment in qualified exploration and production companies.