Questerre production grows to 1,800 boe/d in June
Calgary, Alberta – Questerre Energy Corporation (“Questerre” or the “Company”) (TSX, OSE: QEC) reported today that its daily production for the month of June averaged 1,800 boe/d. The increase in production is largely due to the commissioning of the expanded central compression and stabilization facility on its joint venture acreage in the Kakwa-Resthaven area in […]
Questerre reports voting results of election of directors
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported on the voting results from its annual meeting of shareholders held last month. At its annual meeting of shareholders held on June 9, 2015, each of the six nominees proposed as directors and listed in its management information circular dated May 11, 2015 […]
Questerre enters into MOU for oil shale acreage in Jordan
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced today that it has entered into a memorandum of understanding (“MOU”) with the Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan for the appraisal and development of oil shale acreage in Jordan. The MOU encompasses two blocks covering 388 […]
Questerre implements focused capital program for 2015
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended March 31, 2015. Michael Binnion, President and Chief Executive Officer, commented, “With the sustained decline in commodity prices we executed on a cost reduction strategy in the first quarter of this year. […]
Questerre publishes 2014 Annual Report and AIF
Calgary, Alberta – Questerre Energy Corporation (“Questerre” or the “Company”) (OSE,TSX:QEC) reported that it has filed its Annual Information Form (“AIF”) and audited consolidated financial statements and related Management’s Discussion and Analysis for the year ended December 31, 2014 with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval (SEDAR). […]
Montney drilling in 2014 contributes to significant reserves growth
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its fourth quarter 2014 activities and preliminary financial and operating results for the year ended December 31, 2014. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “We ended 2014 with a strong fourth quarter with average production of 1,468 […]
2014 Montney drilling program grows proved and probable reserves by 55 percent
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its 2014 year-end reserves and an updated resource assessment of its joint venture acreage in the Kakwa-Resthaven area of Alberta. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “The high quality of our Kakwa assets was proven with a […]
Continued success at Kakwa with positive well results and new discovery
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on two recently completed wells in the Kakwa-Resthaven area. 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 […]
Questerre implements corporate restructuring plan
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has implemented a corporate restructuring plan to reduce its administrative overhead in the current commodity price environment. As part of the restructuring program, the Board has elected to reduce head office personnel by 20% and implement a 10% reduction in […]
Questerre targets conservative capital program for 2015
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its preliminary plans for 2015. Michael Binnion, President and Chief Executive Officer of Questerre, commented “Our goals for this year are to maintain a strong balance sheet and finance our capital program primarily with cash flow and, to a lesser extent, […]