Questerre announces successful private placement
September 29, 2017 – Questerre announces successful private placement Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that its private placement of up to 34.9 million Common Shares (the “Private Placement”) has been over-subscribed at a price of 5.70 NOK or C$0.89 per Common Share. Gross […]
Quebec Government publishes draft hydrocarbon regulations
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that the Ministry of Energy and Natural Resources in Quebec has published the proposed regulations to govern oil and gas activities in the province. A copy of the draft regulations can be found online at: http://www2.publicationsduquebec.gouv.qc.ca/dynamicSearch/telecharge.php?type=13&file=1738-A.PDF Michael Binnion, President and Chief Executive […]
Questerre acquires minority interest in Red Leaf
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced today that it has made a strategic investment in Red Leaf Resources, Inc. (“Red Leaf”). Through an agreement with one of the vendors, Whitehorn Resources Inc. (“Whitehorn”), Questerre also has the option to acquire over 280 square km. prospective for oil shale in […]
Development drilling continues at Kakwa
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, 2017. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “We had a good start to the year with progress on all our major assets in the quarter. At […]
Questerre Updates Jordan Project
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on an essential test of mechanical rock properties for its oil shale in Jordan. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Finding a way to commercialize this significant oil shale project in a US$50 to US$70 per barrel […]
Questerre appoints Hans Jacob Holden to Board
Calgary, Alberta — Questerre Energy Corporation (“Questerre”) (TSX,OSE:QEC) is pleased to announce that Hans Jacob Holden has joined the Board of Questerre. Mr. Holden has over twenty five years’ experience in the international oil and gas industry, with a focus on corporate finance in the last sixteen years. He currently serves as a director […]
Questerre reports preliminary year-end results
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its fourth quarter 2016 results and preliminary financial and operating results for the year ended December 31, 2016. The Company also reported certain results of its December 31, 2016 Reserves Assessment and Evaluation of its oil and natural gas properties, […]
Questerre closes $24 million private placement
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that it has closed its previously reported private placement of 30.8 million Common Shares at NOK 5.00 or C$0.79 per Common Share for gross proceeds of NOK 154 million or approximately C$24 million (the “Private Placement”). The Company intends to […]
Questerre updates Quebec resource assessment
CALGARY, Feb. 8, 2017 /CNW/ – Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the resource assessment (the “Resource Assessment”) of its Utica acreage in the St. Lawrence Lowlands, Quebec (“Quebec”). The best estimate by the Company’s independent reserve engineers of unrisked Prospective Resources net to Questerre is 5.8 Tcf (965 million barrels of oil equivalent (“boe”)). […]
Questerre announces Offering of Common Shares
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced that it will be proceeding with an offering of up to 3,000,000 Class “A” common shares (“Common Shares”) at a price of $0.49 per Common Share in accordance with the rules of the Oslo Stock Exchange (“OSE”) and the Norwegian Securities Trading […]