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January 18, 2007 - Questerre announces GPP approval for Vulcan gas pool

Calgary, Alberta - Questerre Energy Corporation ("Questerre" or the "Company") (TSX, OSE: QEC) announced receipt of regulatory approval to commence field production in Vulcan.

The operator, Stylus Energy Inc., recently reported that the Alberta Energy and Utilities Board (“AEUB”) has approved its Good Production Practice (“GPP”) and concurrent production application for the Vulcan Basal Mannville G Pool (the “G Pool”). With the production infrastructure to produce the G Pool in place, the operator will place the shut-in wells in the G Pool on production shortly.

With this production on-stream, Questerre expects its daily production to average approximately 1,600 boe.

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