Questerre is pleased to report on the test results from its seventh horizontal well at 02/14-30-63-5W6M in the Kakwa-Resthaven area of west central Alberta. The 02/14-30 Well is the first well on the joint venture acreage that has been completed in the D4 unit, an upper interval of the Montney formation. The 02/14-30 Well was drilled to a total measured depth of 4563m with a horizontal leg of approximately 1100m or [...]
Questerre reported today on its financial and operating results for the year ended December 31, 2013. Michael Binnion, President and Chief Executive Officer, commented, "We had a very good year focused on building our new core area in the Montney. Following our discovery well in mid-2012, we aggressively acquired a land position to give us the scale needed for development. We now hold 59 net sections in a condensate-rich [...]
Questerre reported today on its fourth quarter 2013 activities and preliminary financial and operating results for the year ended December 31, 2013. Michael Binnion, President and Chief Executive Officer, commented, "We used the fourth quarter to finalize our development plan for the Montney where we saw our reserve growth in 2013. With a strengthened operating team and our capital base topped up, we secured a rig and [...]
Questerre reported today on recent developments in Quebec. The committee responsible for conducting the Strategic Environmental Assessment on shale gas development released its synthesis report last week. The findings from this report will lay the groundwork for the next stage of the assessment of the shale gas industry. This will be a series of public consultations to be held by the Office of Public Hearings on the [...]
Questerre is pleased to report that it has recently spud a 100% working interest well in the Kakwa-Resthaven area of west-central Alberta. Michael Binnion, President and Chief Executive Officer of Questerre commented, "This well will test the liquids rates from our south Kakwa acreage. After our 09-01 Well which confirmed high pressure gas rates, we are looking forward to the results from this well. With ten net sections [...]
+10,89 %
-75,56 %
