Questerre Energy Corp. reported today on its financial and operating results for the third quarter ended September 30, 2025. Michael Binnion, President, and Chief Executive Officer of Questerre, commented, "We are one step closer to our goal of commercially developing oil shale with the acquisition of PX Energy. Their production platform and refining assets round out our portfolio of upstream assets including resources [...]
Questerre Energy Corp. is pleased to announce it has entered a binding term sheet for a 50/50 joint venture to own and develop Parana Xisto SA , an oil shale production and refining company based in southern Brazil . The Joint Venture partner is Nice Capital Holdings Ltda , a member of the Nimofast Group , one of the leading private fuel importers and distributors in Brazil. Questerre concluded its previously announced [...]
Questerre Energy Corp. reported today on the status of its proposed acquisition of Parana Xisto SA , a privately held oil shale production and refining company based in southern Brazil by way of acquisition of the shares of its indirect parent companies, Forbes & Manhattan Resources Inc. and Forbes Participa?ões Ltda . Michael Binnion, President & Chief Executive Officer of Questerre, commented, "Our top priority has been [...]
Questerre Energy Corp. reported today on its financial and operating results for the second quarter ended June 30, 2025. Michael Binnion, President, and Chief Executive Officer of Questerre, commented, "Our production averaged over 3,000 boe per day in the quarter after the tie-in of the three Kakwa North wells. We are assessing both owned and third-party processing capacity for these existing volumes and future growth. A [...]
Questerre Energy Corp. is pleased to announce that it has entered into a definitive agreement to acquire 100% of Parana Xisto SA , a privately held shale oil production and refining company based in southern Brazil by way of acquisition of the shares of its indirect parent companies, Forbes & Manhattan Resources Inc. and Forbes Participa?ões Ltda . "This acquisition is a rare opportunity for us to gain the expertise and [...]
Questerre Energy Corp. announced today that, at its annual meeting of shareholders held on June 18, 2025 , all matters presented for approval at the Meeting were approved. At the Meeting, a vote was held by ballot which approved an ordinary resolution to fix the number of directors to be elected at the Meeting at six. In addition, each of the five nominees proposed in the Company's Management Information Circular dated [...]
Questerre Energy Corp. reported on the recent ruling by the Court of Appeal of Quebec related to Bill 21, An Act ending exploration for petroleum and underground reservoirs and production of petroleum and brine . A copy of the ruling in French is available online: https://courdappelduquebec.ca/fileadmin/jugements/200-09-010731-245_Arret_2025-05-22.pdf. Michael Binnion, President and Chief Executive Officer of Questerre [...]
Questerre Energy Corp. reported today on its financial and operating results for the quarter ended March 31, 2025. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "Three wells at Kakwa North were completed this quarter. Including flush volumes, our daily production has averaged over 3,500 boe per day since the tie-in in early April. We plan to participate in a follow-up three well program [...]
Questerre Energy Corp. reported today on its financial and operating results for the third quarter ended September 30, 2024. Michael Binnion, President and Chief Executive Officer of Questerre commented, "The challenges for the Quebec energy markets continue to evolve. Bill 69, requiring an integrated electricity and gas management plan, could renew interest in natural gas as a transition fuel in Quebec. During the public [...]
Questerre Energy Corp. reported today on the upcoming drilling program at Kakwa North. The Company plans to participate in three wells proposed by the operator at an estimated cost of $21 million net to Questerre. Subject to equipment availability, the wells are scheduled to spud early in the fourth quarter. Completion operations are planned for the first quarter of next year. Questerre holds a 50% interest in these [...]
Questerre Energy Corp. reported today on its financial and operating results for the second quarter ended June 30, 2024. Michael Binnion, President, and Chief Executive Officer of Questerre, commented, "As we advance our high-impact projects, we are growing our conventional assets. Three wells were completed at Kakwa Central this quarter and should be on production in late August. A new completion design and improved [...]
Questerre Energy Corp. announced today that, at its annual meeting of shareholders held on June 18, 2024 , all matters presented for approval at the Meeting were approved. At the Meeting, a vote was held by ballot which approved an ordinary resolution to fix the number of directors to be elected at the Meeting at six. In addition, each of the five nominees proposed in the Company's Management Information Circular dated [...]
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