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Questerre Energy Corp (Canada) T.QEC

Alternate Symbol(s):  QTEYF

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.


TSX:QEC - Post by User

Comment by mikerosoft666on Sep 04, 2008 12:14pm
433 Views
Post# 15430987

RE: TSX DOWN (-) 330 P again TODAY -NOTE

RE: TSX DOWN (-) 330 P again TODAY -NOTEHedge funds drove it up on speculation and they are pulling out - when they aren't being forced out - be careful about valuations on OIL or Natural Gas...   they are artificially flavoured right now.  The guys expecting a return to $80 oil may not be wrong.

I'm not sure that QEC ( when the smoke clears ) is pegging it's valuation to OIL  ( or Nat Gas ).  Maybe a little but I think the value is here based on what they are sitting on.  The higher that recoverable reserve number goes the higher QEC goes.  IMHO
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