Questerre to work with Schlumberger for Clean Tech project
Michael Binnion, President and Chief Executive Officer of Questerre, commented, ”Being transparent about the environmental benefits of our Clean Tech Energy project is essential to building trust with our stakeholders and securing social acceptability. We are pleased to work with Schlumberger and their proprietary Stewardship Tool so that our stakeholders can audit these benefits for themselves.”
Questerre Energy Corporation is pleased to announce that it has closed its previously reported private placement of 38.9 million Common Shares at 2.40 NOK or approximately C$0.38 per Common Share. Gross proceeds were 93.4 million NOK or approximately C$14.5 million.
Continued success at Kakwa with positive well results and new discovery
Michael Binnion, President and Chief Executive Officer of Questerre, commented, "The first well was in the Montney and had excellent results that appear to prove the benefits of an improved completion technique. The second well is a new pool discovery in the uphole Halfway zone."