Anela Dido

1650, 801 Sixth Avenue SW

Calgary, Alberta

Canada T2P 3W2

Tel: [403] 777-1185

Fax: [403] 777-1578

Email: info@questerre.com

Calgary, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX, OSE:QEC) is pleased to announce the spud of the A-93-K/94-N-16 (A-7) well as the first well in the multi-well program at the Beaver River Field.

The A-7 well, targeting the shallow Besa River/Mattson horizon, will be drilled at the crest of the structure approximately one kilometer away and up-dip of the A-2 well that has been on production since March 2006. Gas production from A-2 has increased from the initial test rate of 1.64 mmcf/d (273 boe/d) in February to a current rate of 3.4 mmcf/d (566 boe/d).  During a five-day test with boost compression the well averaged 4.4 mmcf/d (733 boe/d) against line pressure of 630 psi.

Questerre Energy Corporation is a Calgary-based independent resource company actively engaged in the exploration, development and acquisition of high-impact exploration and development oil and gas projects in Canada.

This news release contains forward-looking information. Implicit in this information are assumptions regarding commodity pricing, production, royalties and expenses, that, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. These forward-looking statements are based on certain assumptions that involve a number of risks and uncertainties and are not guarantees of future performance. Actual results could differ materially as a result of changes in the Company’s plans, commodity prices, equipment availability, general economic, market, regulatory and business conditions as well as production, development and operating performance and other risks associated with oil and gas operations. There is no guarantee made by the Company that the actual results achieved will be the same as those forecasted herein.

For further information, please contact: 

Questerre Energy Corporation

Jason D’Silva, VP Finance

Tel: (403) 777-1185

Fax: (403) 777-1578

Email: info@questerre.com

Web: www.questerre.com