/THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS/ CALGARY, Aug. 13, 2015 /CNW/ - Questerre Energy Corp. ("Questerre" or the "Company") (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended June 30, 2015. Michael Binnion, President and Chief Executive Officer, commented, "The [...]
CALGARY, July 14, 2015 /CNW/ - Questerre Energy Corp. ("Questerre" or the "Company") (TSX,OSE:QEC) reported on the voting results from its annual meeting of shareholders held last month. At its annual meeting of shareholders held on June 9, 2015, each of the six nominees proposed as directors and listed in its management information circular dated May 11, 2015 were elected as directors to serve until the next annual [...]
CALGARY, July 14, 2015 /CNW/ - Questerre Energy Corp. ("Questerre" or the "Company") (TSX, OSE: QEC) reported today that its daily production for the month of June averaged 1,800 boe/d. The increase in production is largely due to the commissioning of the expanded central compression and stabilization facility on its joint venture acreage in the Kakwa-Resthaven area in early May. Production from this area has increased to [...]
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS/ CALGARY, May 22, 2015 /CNW/ - Questerre Energy Corp. ("Questerre" or the "Company") (TSX,OSE:QEC) announced today that it has entered into a memorandum of understanding ("MOU") with the Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan for the [...]
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS/ CALGARY, May 15, 2015 /CNW/ - Questerre Energy Corp. ("Questerre" or the "Company") (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended March 31, 2015. Michael Binnion, President and Chief Executive Officer, commented, "With the [...]
CALGARY, ALBERTA--(Marketwired - March 27, 2015) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Questerre Energy Corp. ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported that it has filed its Annual Information Form ("AIF") and audited consolidated financial statements and related Management's Discussion and [...]
CALGARY, ALBERTA--(Marketwired - Feb. 27, 2015) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Questerre Energy Corp. ("Questerre" or the "Company") (TSX:QEC) (OSLO:QEC) reported today on its fourth quarter 2014 activities and preliminary financial and operating results for the year ended December 31, 2014. Michael [...]
Questerre Energy reported today on its 2014 year-end reserves and an updated resource assessment of its joint venture acreage in the Kakwa-Resthaven area of Alberta. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "The high quality of our Kakwa assets was proven with a significant increase in reserves in 2014 in spite of lower commodity prices. Our net proven and probable reserves for this [...]
Questerre Energy reported today on two recently completed wells in the Kakwa-Resthaven area. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "The first well was in the Montney and had excellent results that appear to prove the benefits of an improved completion technique. The second well is a new pool discovery in the uphole Halfway zone." The operator recently reported that testing was [...]
Questerre reported today that it has implemented a corporate restructuring plan to reduce its administrative overhead in the current commodity price environment. As part of the restructuring program, the Board has elected to reduce head office personnel by 20% and implement a 10% reduction in salaries for senior management. Fees paid to Board members will also be reduced by 10%.
Questerre Energy reported today on its preliminary plans for 2015. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "Our goals for this year are to maintain a strong balance sheet and finance our capital program primarily with cash flow and, to a lesser extent, our credit facilities. In 2015, we expect to generate positive cash flow from operations based on a WTI price of US$58/bbl and AECO [...]
Questerre reported today that it has appointed Ted Roberts to the Board of Questerre. Peder Paus, Chairman of Questerre, commented, "It is with great pleasure that we welcome Ted Roberts to our Board. He is currently a senior portfolio manager at Mandatum Life, our largest institutional shareholder. With his extensive experience in equity capital markets we are looking forward to his contribution to our Board." Mr [...]