Sky Quarry Enters Strategic Multi-Party MOU to Advance Next-Generation Fuel Technologies

Collaboration with Southern Energy Renewables and DevvStream Opens New Pathways at PR Spring and the Foreland Refinery WOODS CROSS, UT / ACCESS Newswire / May 7, 2026 / Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or the "Company"), an integrated energy and resource recovery company, today announced the execution of a Memorandum of Understanding ("MOU") with Southern Energy Renewables Inc. ("Southern"), a U.S.-based developer of carbon-negative fuels and large-scale biomass-to-sustainable aviation fuel ("SAF") platforms, and DevvStream Corp. ("DevvStream"), a technology-driven environmental markets and carbon management company. The MOU establishes a strategic collaboration focused on fuel innovation, refinery integration, and low-carbon fuel development, including opportunities involving recycled hydrocarbons, specialty fuels, SAF, and related fuel applications.