Questerre Energy Corp.

Questerre Energy Corp. reported today on the test results from its Kakwa North acreage. The operator recently completed the first well, 103/16-29-063-6W6M well , with a 3000m horizontal leg in the Montney Formation. During the last 24 hours of a 210-hour production test, the 103/16-29 Well flowed at an average rate of 11.6 MMcf/d of natural gas and 990 bbls/d of condensate . Although the early results from the 103/16-29 [...]

Questerre Energy Corp. updated activities at Kakwa North, offsetting its joint venture production in the area. The operator, Kicking Horse Oil & Gas Ltd., has commenced completion operations on the first well, 103/16-29-063-6W6M well which includes a 2700m horizontal leg in the Montney Formation. Drilling operations also commenced on the second well, 100/01-04-064-6W6M The well is programmed to include an approximate [...]

Questerre Energy Corp. reported today that the Government of Quebec announced its plans to officially implement or put into practice the Petroleum Resources Act . The Act will govern the development of hydrocarbons in the province of Quebec. The Act was passed as law in December 2016 by the Liberal government as a result of the adoption of Bill 106, “An Act to Implement the 2030 Energy Policy and to Amend Various [...]

Questerre Energy Corp. reported today on its financial and operating results for the second quarter ended June 30, 2018. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “We were blindsided by the Quebec government’s decision to attempt to ban hydraulic fracturing. We recently filed a brief with the government strongly objecting to this decision. Specifically we have made the [...]

Alberta, July 08, 2018 -- Questerre Energy Corp. reported that all matters presented for approval at its annual meeting of shareholders held on June 6, 2018 have been approved. At the Meeting, by vote by way of a show of hands, an ordinary resolution to fix the number of directors to be elected at the Meeting at six , was approved. In addition, each of the six nominees proposed as directors listed in the Company’s [...]

Alberta, June 27, 2018 -- Questerre Energy Corp. reported today on the results of the technical and economic feasibility study for its oil shale project in Jordan. The design basis for the study is an initial project capable of sustaining production of 50,000 bbl/d. The study was conducted by Hatch Ltd., , a global engineering firm. Michael Binnion, President and Chief Executive Officer of Questerre, commented [...]

Alberta, June 06, 2018 -- Questerre Energy Corp. reported today on the draft hydrocarbon regulations published by the Government of Quebec. The Government of Quebec announced new regulations with a 45-day consultation period. If implemented, these regulations would have the effect of banning hydraulic fracturing and any meaningful exploitation of natural gas in Quebec. The press release is available at [...]

CALGARY, Alberta, June 04, 2018 -- Questerre Energy Corp. reported on the status of legal proceedings related to its assets in Quebec. Pursuant to a Letter of Intent with a senior exploration and production company to acquire their Quebec assets , as reported on June 4, 2018, on closing of the transaction, both parties will release each other from all claims related to the outstanding litigation. In the interim, the [...]

Alberta, June 04, 2018 -- Questerre Energy Corp. reported that it has executed a Letter of Intent with a senior exploration and production company to settle outstanding litigation and acquire all their assets in the St. Lawrence Lowlands, Quebec . Michael Binnion, President and Chief Executive Officer of Questerre, commented, “On closing, we will gain operatorship of our acreage in the Lowlands. We will be in a much [...]

CALGARY, Alberta, May 11, 2018 -- Questerre Energy Corp. reported today on its financial and operating results for the first quarter ended March 31, 2018. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Our production and cash flow growth this quarter was primarily driven by the increased investment in Kakwa. Production from the joint venture acreage almost doubled from the first [...]