Questerre Energy Corp. announced today that, at its annual meeting of shareholders held on June 2, 2021 , 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 five. In addition, each of the five nominees proposed in the Company's Management Information Circular dated [...]
Questerre Energy Corp. reported today on its financial and operating results for the first quarter ended March 31, 2021. Michael Binnion, President and Chief Executive Officer, commented, "We started to add zero emissions hydrogen and carbon capture and storage to our Clean Tech Energy project in the quarter. We are also evaluating other carbon recycling technologies that use carbon dioxide as a feedstock to make valuable [...]
Questerre Energy Corp. is pleased to announce a letter of intent with ZEG Power AS , a private Norwegian company, to evaluate their proprietary leading edge blue hydrogen technology for the Company's Clean Tech Energy project in Quebec. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "We believe hydrogen will become a cornerstone of the emerging circular economy. As we move from near zero [...]
Questerre Energy Corp. has commissioned a report by the International Reference Centre for Life Cycle Products, Services and Systems on producing hydrogen, including blue hydrogen, using its zero-emissions natural gas in Quebec. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "With the emissions from production virtually eliminated with our Clean Gas engineering, we are now targeting [...]
Questerre Energy Corp. reported today on the recent launch of the Hydrogen Strategy for Canada by the Federal Government. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Hydrogen is becoming more important as a transition fuel to meet governments’ net-zero targets. Last week, the Government of Canada announced its national hydrogen strategy. It recognizes the role of blue hydrogen [...]
Questerre Energy Corp. reported today on its financial and operating results for the third quarter ended September 30, 2020. Michael Binnion, President and Chief Executive Officer, commented, “With our credit facility renewed in the quarter, we turned our attention to planning for the future. While global demand for oil and gas has rebounded strongly, it is still below pre-COVID-19 levels. In addition, restrictions [...]
Questerre Energy Corp. reported today on its financial and operating results for the second quarter ended June 30, 2020. Michael Binnion, President and Chief Executive Officer, commented, “We responded quickly to the impacts of the COVID-19 pandemic and the ensuing global shutdown during the second quarter. To weather the collapse in oil prices, we cut spending and reduced overheads and operating costs wherever possible [...]
Questerre Energy Corp. announced today that, at its annual and special meeting of shareholders held on June 9, 2020 , Ms. Mireille Fontaine joined the Board of Questerre. Bjorn Inge Tonnessen, Chairman of Questerre, commented, “We are delighted to have Mireille join our Board. A seasoned lawyer with an extensive corporate finance practice, she will be an invaluable addition as we advance our Clean Tech Energy project in [...]
Pursuant to Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, the following matters were put to a vote at the Annual and Special Meeting of Holders of Class A Common Shares of Questerre Energy Corp. held on June 9, 2020. All resolutions were passed by a show of hands at the Meeting except the resolutions to elect the directors of the Issuer and the resolution to approve the unallocated [...]
Questerre Energy Corp. reported today on its financial and operating results for the first quarter ended March 31, 2020. Michael Binnion, President and Chief Executive Officer, commented, “With the fallout from the pandemic and collapse in oil prices, we are focused on preserving liquidity and the value of our long-term assets, particularly Quebec. As reported earlier, we eliminated all non-essential investment in early [...]
Questerre Energy Corp. provided an update on activities during the COVID-19 crisis. Michael Binnion, President and Chief Executive Officer, commented, “As noted in our annual report, we are focused on preserving liquidity. We entered this year with relatively low debt levels and have a lot of discretion on our capital spending. We deferred all non-essential investment, cutting our budget by over 80% or $15 million. We [...]
Questerre Energy Corp. reported today on the results of its December 31, 2019 Reserves Assessment and Evaluation of its oil and natural gas properties , as evaluated by McDaniel & Associates Consultants Ltd. with an effective date of December 31, 2019, prepared in accordance with the standards contained in the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 – Standards of Disclosure for Oil [...]
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