Questerre reports on results offsetting Kakwa North acreage
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the results from a recent joint venture well drilled directly offsetting its 100% owned seven sections in the Kakwa-Resthaven area. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “We are very encouraged that recent results of approximately 170 […]
Quebec Government endorses new hydrocarbon legislation
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported that the National Assembly in Quebec has passed as law Bill 106, An Act to implement the 2030 Energy Policy and amend various legislative provisions. These amendments include the enactment of the Petroleum Resources Act that will govern the development of petroleum resources […]
Questerre issues no corporate development statement
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) at the request of IIROC Market Surveillance and on behalf of the Toronto Stock Exchange, issued a statement that the Company is not aware of any undisclosed material development that would cause today’s movement in the Company’s share price. The Company notes that the […]
Questerre closes $7.4 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 15.2 million Common Shares at NOK 3.00 or $0.49 per Common Share for gross proceeds of NOK 45.6 million or approximately $7.4 million (the “Private Placement”). The Company intends to […]
Questerre announces successful private placement
Calgary, Alberta – Questerre Energy Corporation (“Questerre” or the “Company”) (TSX, OSE:QEC) is pleased to announce the results from its previously reported private placement. The offering of 26,600,000 Common Shares was fully subscribed on the basis that all Common Shares delivered would be tradeable on Oslo Bors (“OSE”). However due to technical challenges with borrowing […]
Questerre announces 2017 capital budget and proposed private placement
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that its Board has approved a capital budget of approximately $26 million for 2017 targeting the development of its Montney joint venture acreage in the Kakwa-Resthaven area of Alberta. The budget follows a successful drilling program in 2016 where the […]
Questerre releases resource assessment for Jordan acreage
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the resource assessment (the “Resource Assessment”) of its oil shale acreage in the Hashemite Kingdom of Jordan (“Jordan”). Michael Binnion, President and Chief Executive Officer of Questerre, commented, “The Resource Assessment indicates a significant resource with a best estimate of discovered […]
Quebec Government approves new hydrocarbon legislation in principle
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that the National Assembly in Quebec has approved in principle Bill 106, An Act to implement the 2030 Energy Policy and amend various legislative provisions. These amendments include the enactment of the Petroleum Resources Act that will govern the development of petroleum […]
Questerre closes $4.75 million flow-through private placement
July 29, 2016 Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that it has increased the size of its previously announced flow-through placement from 17.6 million flow-through units to 26.39 million flow-through units and subsequently closed the offering for gross proceeds of approximately $4.75 million (the “Flow-Through Placement”). […]
Questerre announces flow-through unit private placement
Calgary, Alberta — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that it intends to complete a private placement of flow-through units of the Company. The Company plans to issue up to 17.6 million flow-through units at a price of $0.18 per unit for estimated gross proceeds of $3.17 million (the […]