Calgary, Alberta - Questerre Energy Corporation ("Questerre" or the "Company") (TSX, OSE: QEC) announced today that testing is underway on the Gentilly #1 well in the St. Lawrence Lowlands, Quebec.
The Gentilly #1 well was drilled vertically to a depth of 2,529 m and was rig released on December 15, 2006. The well flowed sweet natural gas from the Trenton Black-River formation at rates of up to 4.5 mmcf/d (750 barrels of oil equivalent). Additional testing is underway to determine if the well is commercial and results are expected in four to six weeks. Questerre and its minority partners hold a 25% interest in the well. Talisman Energy Inc. has earned a 75% interest in the well and is the operator.
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