Calgary, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX, OSE:QEC) announced today the successful results from the 8-32 well drilled in the Vulcan area of southern Alberta.
The 8-32 well is the second development well drilled for the new Mannville pool in 2006. The well was completed and stimulated in early March. An initial three day test was completed on March 11, 2006. For the last 24 hours of the test, the gas well flowed 360 barrels of oil equivalent on a 7.94 mm choke.
Michael Binnion, President and Chief Executive Officer, commented, “We are pleased with the results of the 8-32 well. It is the fourth successful well into this pool. In addition to the 7-29 well currently underway, we expect up to three additional wells into this pool in 2006.”
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.
For further information, please contact:
Michael R. Binnion, President
Tel: (403) 777-1185
Fax: (403) 777-1578
Email: info@questerre.com
Web: www.questerre.com