Questerre Energy Corp. reported today the term sheet for a 50/50 joint venture to develop Parana Xisto SA with a local Brazilian partner has expired in accordance with its terms. Questerre remains the 100% owner and operator of PX Energy, an oil shale production and refining company based in southern Brazil. As a result, the Company's financial and operating results for the quarter and period ending December 31, 2025 [...]
Questerre Energy Corp. is pleased to announce it has closed the acquisition of Red Leaf Resources Inc. through the exchange of Red Leaf common shares for Class "A" Common voting shares . Michael Binnion, President and Chief Executive Officer of Questerre, commented, "The closing of the Red Leaf acquisition is another step forward in our strategy to commercialize oil shale as a globally competitive resource. Red Leaf hold [...]
Questerre Energy Corp. updated corporate developments related to the spin out of its Quebec assets and the PX Energy transaction. Quebec Spinout The Company reported that a Special Meeting of Shareholders is scheduled for January 15, 2026, to i) elect the Board of Directors for the Company and ii) to approve an amendment to the Company's Articles for the Quebec Spinout. A copy of the management information circular [...]
Questerre Energy Corp. is pleased to announce its plans to consolidate the remaining common equity interest in Red Leaf Resources, Inc. through an exchange of Red Leaf common shares for Class "A" Common voting shares of Questerre . Red Leaf is a private US-based technology company whose principal assets include its patented HCCO® oil-shale processing technology and mineral leases in the State of Utah. Questerre currently [...]
Questerre Energy Corp. reported today that Nice Capital Holdings Ltda. , a member of the Nimofast Group , has received regulatory approval to proceed with its joint venture with Questerre for the development of Parana Xisto SA , an oil shale production and refining company based in southern Brazil . The Brazilian Administrative Council for Economic Defense issued a certificate yesterday for its final and non-appealable [...]
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 [...]