Questerre Energy

News

Choose topic

Questerre acquires minority interest in Red Leaf

May 11, 2017

Calgary, Alberta -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced today that it has made a strategic investment in Red Leaf Resources, Inc. (“Red Leaf”). Through an agreement with one of the vendors, Whitehorn Resources Inc. (“Whitehorn”), Questerre also has the option to acquire over 280 square km. prospective for oil shale in the Kingdom of Jordan (“Jordan”).

Michael Binnion, President & Chief Executive Officer of Questerre, commented, “This investment…

Read more

Questerre Updates Jordan Project

May 01, 2017

Calgary, Alberta -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on an essential test of mechanical rock properties for its oil shale in Jordan.
 
Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Finding a way to commercialize this significant oil shale project in a US$50 to US$70 per barrel environment is our main focus here. These tests establish that the mechanical rock properties of our shale…

Read more

Questerre appoints Hans Jacob Holden to Board

Apr 10, 2017

 

Calgary, Alberta -- Questerre Energy Corporation (“Questerre”) (TSX,OSE:QEC) is pleased to announce that Hans Jacob Holden has joined the Board of Questerre.

Mr. Holden has over twenty five years’ experience in the international oil and gas industry, with a focus on corporate finance in the last sixteen years. He currently serves as a director of Seatankers Group, a private investment company with a broad portfolio within the energy and maritime sector. Mr. Holden…

Read more

Questerre reports preliminary year-end results

Feb 24, 2017

 

Calgary, Alberta -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its fourth quarter 2016 results and preliminary financial and operating results for the year ended December 31, 2016. The Company also reported certain results of its December 31, 2016 Reserves Assessment and Evaluation of its oil and natural gas properties, as evaluated by McDaniel & Associates Consultants Ltd.(“McDaniel”) with an effective…

Read more

Questerre closes $24 million private placement

Feb 17, 2017

Calgary, Alberta -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that it has closed its previously reported private placement of 30.8 million Common Shares at NOK 5.00 or C$0.79 per Common Share for gross proceeds of NOK 154 million or approximately C$24 million (the “Private Placement”).

 The Company intends to use the net proceeds from the Private Placement to strengthen its working capital, partially financing its ongoing Montney capital…

Read more