Questerre Energy Corp. announced today that, at its annual meeting of shareholders held on June 20, 2023 , all matters presented for approval at the Meeting were approved. At the Meeting, a vote was held by ballot which approved an ordinary resolution to fix the number of directors to be elected at the Meeting at five. In addition, each of the five nominees proposed in the Company's Management Information Circular dated [...]
Questerre Energy Corp. reported today on its financial and operating results for the quarter ended March 31, 2023. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "We are taking a more active role at Red Leaf, our 40% owned investee company, as they develop their core assets: a wax processing facility in the Uintah Basin with environmental permits in place and their patented technology to [...]
Alberta, Nov. 09, 2022 -- Questerre Energy Corp. reported today on its financial and operating results for the third quarter ended September 30, 2022. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "Although Bill 21 was enacted during the quarter, the Quebec election is now over. There could be an opportunity for a less political approach to energy security by the Quebec Government. We [...]
Questerre Energy Corp. reported today on recent comments by the Prime Minister of Canada on the potential for LNG exports from Eastern Canada to Europe. The comments were made during the visit to Canada by the Chancellor of Germany from August 21 to August 23, 2022. Michael Binnion, President, and Chief Executive Officer, commented, "We were pleased to hear the Prime Minister express his unwavering commitment to improving [...]
Questerre Energy Corp. reported today that the Government of Quebec has passed Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities. Michael Binnion, President and Chief Executive Officer, commented, "We are incredibly disappointed that the Government of Quebec has chosen to proceed with this legislation. By blocking the development of its natural gas resources [...]
Questerre Energy Corp. reported today that it has filed its submission with the parliamentary committee in Quebec on Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities. The submission includes independent assessments on the economic and environmental impacts of development and the detailed polling data on social acceptability showing strong support for local [...]
Questerre Energy Corp. issued a report to shareholders following the introduction by the Government of Quebec of Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities. Michael Binnion, President and Chief Executive Officer of Questerre, stated, "Our company has more than a thirty-year history in the natural gas industry in Quebec. Our founding shareholder [...]
Questerre Energy Corp. reported today the recent Quebec polling results on developing natural gas with new technologies. Over 66% of decided Quebecers support local natural gas development and 20% have no opinion. This support increases to 74% with only 15% against if new technology is used to eliminate emissions, the use of municipal water systems and the use of toxic fluids below ground and 11% have no opinion. Michael [...]
Questerre Energy Corp. reported today it has commissioned a report on a new completion technique to replace conventional frac'ing with a new well stimulation technique. The new technique is designed to address public concerns of conventional frac'ing of rock underground. The preliminary conclusion is that by using lower pressures and rates than the threshold used for fracturing new rock, the new approach will take [...]
The Council of the First Nation of the Abenakis of Wolinak in Quebec and Questerre Energy Corp. reported today that they have signed a joint economic development agreement. The joint venture will focus on developing a net-zero emissions energy hub in Quebec. The hub will demonstrate the emerging circular economy through pilot projects that produce clean energy, including zero-emissions gas, and assess new carbon recycling [...]
Questerre Energy Corp. is issuing this press release in response to recent trading activity. Questerre is not aware of any material, undisclosed information related to the Company's operations and affairs that would account for the recent increase in the market price and trading volume of its common shares. Recent comments by the Government of Quebec relating to potential compensation for revoking hydrocarbon licenses in [...]
Questerre Energy Corp. reported today on its financial and operating results for the third quarter ended September 30, 2021. Michael Binnion, President and Chief Executive Officer, commented, "The Quebec Premier's announcement of plans to ban oil and gas extraction was very disappointing. This is particularly true for our shareholders, especially from Norway, that believed in the potential of natural gas in Quebec and [...]
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