Questerre Energy Corp. reported today that it has received all approvals and has closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a senior exploration and production company as set out in the Company’s press release dated March 7, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented “With the acquisition closed, we have regained control [...]
Questerre Energy Corp. reported today that its investee company, Red Leaf Resources Inc. , has improved its capitalization by redeeming substantially all of its outstanding preferred shares at a material discount to the face value. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “We are very pleased the Management of Red Leaf was able to negotiate an agreement to provide the preferred [...]
Questerre Energy Corp. reported today that Mr. Sans Cartier has resigned from the Board of Questerre to pursue a new career opportunity. The Board of Directors would like to thank Mr. Sans Cartier for his valuable contribution over the past six years and wish him the best of luck with his future endeavors. Questerre Energy Corp. is an energy technology and innovation company. It is leveraging its expertise gained through [...]
Questerre Energy Corp. reported a net profit of $1.33 million and production of just over 2,300 boe/d for the third quarter ended September 30, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Exceptional well results drove an increase in production and positive earnings for the third quarter in spite of soft commodity prices. We continue to see the benefits of efficiency gains [...]
Questerre Energy Corp. reported today on its financial and operating results for the second quarter ended June 30, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “During the quarter, we continued to build support for our Clean Tech Energy project during the quarter. Teamsters Canada, one of the largest trade unions in Canada, publicly declared their support for natural gas [...]
Questerre Energy Corp. reported that it has recently engaged SNC-Lavalin Inc., one of Canada’s largest engineering firms, to develop the engineering and design for its clean tech energy project in Quebec. Based in Quebec, SNC-Lavalin will be the lead engineering advisor for the Company’s clean tech energy project. The goal is to produce energy with zero emissions using safe processes that do not affect [...]
Questerre Energy Corp. reported that all matters presented for approval at its annual and special meeting of shareholders held on June 18, 2019 have been approved. At the Meeting, by vote by way of a show of hands, an ordinary resolution to fix the number of directors to be elected at the Meeting at six , was approved. In addition, each of the six nominees proposed as directors listed in the Company’s Management [...]
Questerre Energy Corp. is pleased to announce that it has partnered with Schlumberger for its Clean Tech Energy project in Quebec. Michael Binnion, President and Chief Executive Officer of Questerre, commented, ”Being transparent about the environmental benefits of our Clean Tech Energy project is essential to building trust with our stakeholders and securing social acceptability. We are pleased to work with [...]
Questerre Energy Corp. announced today that its Board of Directors has amended its shareholder rights plan pursuant to an amended and restated rights agreement between the Corporation and Computershare Trust Company of Canada, as Rights Agent, effective immediately. The substantive amendments to the Rights Plan reflect updates to securities legislation, the current best practices and recommendations of proxy advisory [...]
Questerre Energy Corp. reported today on its financial and operating results for the first quarter ended March 31, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “In the first quarter, we made good progress in Quebec through the agreement to regain operatorship and discussions with stakeholders on our Clean Tech Energy project. We also made progress on our Montney assets at [...]
Questerre Energy Corp. updated the progress on its clean tech energy research project to produce energy with near zero emissions, zero use of toxic fluids below ground and zero use of drinking water. If successful, it will be world leading and a complete game changer for the environment, for society and the economy. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Some say our goals [...]
Questerre Energy Corp. is pleased to announce that it has closed its previously reported private placement of 38.9 million Common Shares at 2.40 NOK or approximately C$0.38 per Common Share. Gross proceeds were 93.4 million NOK or approximately C$14.5 million. On closing, the Common Shares issued under the Private Placement are validly issued, fully paid and non-assessable. The Common Shares have been issued in the VPS [...]
+10,89 %
-75,56 %
