Questerre Energy Corp (Canada) T.QEC

Alternate Symbol(s): QTEYF

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.

TSX:QEC - Post by User

Questerre Energy Corp (Canada)

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Post by tulaon Apr 28, 2010 11:06am

609 Views

Post# 17039424

Binnion on BNN

Highlights

Investors may have to be patient, Dundee argues Utica is more like a mine than a regular oil/gas because it will take years to best determine how to drill and extract gas.

Binnion says Questerre might begin producing gas as early as 2011 once they complete a hookup to existing pipeline.

Due to size of Utica find, full production might not be realized until 2015.

Binnion also went into some detail of revenue sharing with Forest and Talisman.

Link

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