Questerre Energy Corp.

Questerre Energy is pleased to announce that Red Leaf Resources reported that it has secured the final permit and is ready to begin its 300,000 barrel commercial demonstration project in the Uinta Basin, Utah. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "This is an important milestone for Red Leaf and the future of oil shale. We are looking forward to construction beginning for the [...]

Questerre reported today on its financial and operating results for the quarter ended March 31, 2014. Michael Binnion, President and Chief Executive Officer, commented, "In the quarter we began executing the Montney development plan to achieve our production target of 6,000 boe/d by the second half of 2015. Our first 100% well was spud in the quarter. It will be completed after breakup to prove up the condensate rates on [...]

Questerre reported today that drilling operations have been successfully completed on the 16-07-62-5W6M well in the Kakwa-Resthaven area of west central Alberta. Questerre holds a 100% interest in this well situated approximately six miles south of its producing wells in the area. The 16-07 Well was drilled to a total measured depth of 5053m including a horizontal leg of approximately 1000m. The well was logged and is [...]

Questerre is pleased to report on the test results from its seventh horizontal well at 02/14-30-63-5W6M in the Kakwa-Resthaven area of west central Alberta. The 02/14-30 Well is the first well on the joint venture acreage that has been completed in the D4 unit, an upper interval of the Montney formation. The 02/14-30 Well was drilled to a total measured depth of 4563m with a horizontal leg of approximately 1100m or [...]

Questerre reported today on its financial and operating results for the year ended December 31, 2013. Michael Binnion, President and Chief Executive Officer, commented, "We had a very good year focused on building our new core area in the Montney. Following our discovery well in mid-2012, we aggressively acquired a land position to give us the scale needed for development. We now hold 59 net sections in a condensate-rich [...]

Questerre reported today on its fourth quarter 2013 activities and preliminary financial and operating results for the year ended December 31, 2013. Michael Binnion, President and Chief Executive Officer, commented, "We used the fourth quarter to finalize our development plan for the Montney where we saw our reserve growth in 2013. With a strengthened operating team and our capital base topped up, we secured a rig and [...]

Questerre reported today on recent developments in Quebec. The committee responsible for conducting the Strategic Environmental Assessment on shale gas development released its synthesis report last week. The findings from this report will lay the groundwork for the next stage of the assessment of the shale gas industry. This will be a series of public consultations to be held by the Office of Public Hearings on the [...]