Questerre grows reserves by 40 percent in 2013
Michael Binnion, President and Chief Executive Officer, commented, “We used the fourth quarter to finalize our development plan for the Montney where we saw our reserve growth in 2013. With a strengthened operating team and our capital base topped up, we secured a rig and began to develop our own 100% acreage in the Kakwa-Resthaven […]
Questerre updates on activities in Quebec
The committee responsible for conducting the Strategic Environmental Assessment (“SEA”) on shale gas development released its synthesis report last week. The findings from this report will lay the groundwork for the next stage of the assessment of the shale gas industry. This will be a series of public consultations to be held by the Office […]
Questerre Spuds 100 percent well in Kakwa
Michael Binnion, President and Chief Executive Officer of Questerre commented, “This well will test the liquids rates from our south Kakwa acreage. After our 09-01 Well which confirmed high pressure gas rates, we are looking forward to the results from this well. With ten net sections in this area that have not yet been assessed […]
Questerre updates Montney activities
Michael Binnion, President and Chief Executive Officer, commented, “Over the next several weeks, we expect to see the results from five important Montney wells. The completion of the 16-07 Well in Kakwa South is underway and this should prove up the condensate rates on our ten-section block. In Kakwa North, we are currently drilling the […]
Questerre appoints Frank Walsh as COO and builds out Montney team
Michael Binnion, President and Chief Executive Officer, commented, “We are pleased we have established an experienced Montney team. Mr. Walsh has a proven track record in the Montney and will lead our operations team. They will be responsible for executing the Montney development plan to meet our take or pay commitments of 6,000 boe/d in […]