Questerre Energy Corp (Canada) QTEYF

Primary Symbol: T.QEC

Energy Oil & Gas E&P

Questerre Energy Corporation is a Canada-based energy technology and innovation company. The Company is engaged in the acquisition, exploration and development of oil and gas projects, in specific, non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The Company’s segments include Western Canada, Quebec and Corporate & other. The Western Canada segment is engaged in exploration and development activities in Western Canada, including Alberta, Saskatchewan, and Manitoba with existing production of natural gas, crude oil, and natural gas liquids. The Quebec segment is engaged in development of a significant natural gas discovery in the province with a focus on securing social acceptability and regulatory approvals for a clean technology energy project. The Corporate & other segment provides general and administrative resources to manage the respective operating segments. It also Includes exploration activities in the Kingdom of Jordan.

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Questerre Energy Corp (Canada)

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Post by nozzpackon Jan 06, 2022 5:36pm

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Post# 34290871

Another translation

https://finansavisen-no.translate.goog/nyheter/olje/2022/01/05/7796922/finansdirektor-mener-verdiene-kan-18-dobles?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US

So, this interview with CEO translates to up to 18 fold gains from compensation.

That still sounds unrealistic.
I will go as a minimum, counting zero for the Utica asset, and the pretty well confirmed $175 million for cost recovery quoted by the CEO.
That's about $0.42 per share in extra cash.

That alone will totally transform Questerre as a cash rich/ no debt Junior with multiples of increase in its Western Canada production and sufffucient funds to acquire / advance the 8 billion OOIP asset in Jordan.

Questerre will get compensated for lost future earnings for its Utica but it's too early to tell the exact amount.

It will be a bonus to the $175 million cost recovery..