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Questerre Energy Corporation

Anela Dido
1650, 801 Sixth Avenue SW
Calgary, Alberta
Canada T2P 3W2
Tel: [403] 777-1185
Fax: [403] 777-1578
Email: info@questerre.com

 

News Releases

Questerre to be included in Oslo Bors OBX Index

Return to Press Releases2010-06-11

 Calgary, Alberta -- Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) is pleased to announce that it will be included in the OBX Index on the Oslo Stock Exchange effective June 18, 2010.

Michael Binnion, President and Chief Executive Officer of Questerre, commented "We are very excited to be part of the OBX Index. It recognizes the successful development of our Company and reflects the excellent liquidity and turnover in our shares since listing in 2005."

The OBX Index consists of the 25 most traded companies on the main index of the Oslo Stock Exchange. The index is a tradable index with exchange traded futures and options available. The composition is revised semi annually. In the period between the composition review dates the number of shares for each constituent is fixed with exception of special cappings and continuous adjustments for various corporate actions. Existing members of the OBX Index include Statoil, Telenor and DnB NOR.

To facilitate the creation of exchange traded futures and options, the President and Chairman of Questerre have entered into share lending agreements with a senior Norwegian financial institution. Pursuant to these agreements, the institution may, from time to time, borrow up to 2,500,000 common shares of Questerre from these insiders.

Questerre Energy Corporation is an independent energy company focused on shale gas in North America. The Company is concentrated on establishing commerciality of its Utica shale gas discovery in the St. Lawrence Lowlands, Québec.

For further information, please contact:

Questerre Energy Corporation
Anela Dido, Investor Relations
(403) 777-1185 | (403) 777-1578 (FAX) |Email: info@questerre.com

This news release does not constitute an offer of securities for sale in the United States. These securities may not be offered or sold in the United States absent registration or an available exemption from registration under the United States Securities Act of 1933, as amended.

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