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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

Post by sohpieon May 18, 2015 12:37am
180 Views
Post# 23738041

Jordan

Jordanhttps://www.business-standard.com/article/news-ians/canadian-firm-to-help-jordan-develop-oil-shale-115051800053_1.html https://www.petra.gov.jo/public_news/Nws_NewsDetails.aspx?Menu_ID=&Site_Id=2&lang=2&NewsID=196314&CatID=13Cabinet OKs shale oil memoAmman, Mayer 17 (Petra) – The cabinet Sunday gave the green light for signing a memo of understanding with a Canadian firm to exploit shale oil by surface mining in southern Jordan.The deal to be inked with Questerre Energy Corp is part of the government's interest in alternative energy and shale oil projects to develop local energy resources and reduce dependence on imported oil.The company has expressed its interest to develop the shale oil distillation project in the southern Jafr region, which has estimated reservoirs of two billion barrels of crude shale oil.The firm will carry out an initial assessment of the area of interest and offer proposals about the stages of the project as well as technical details, including geology, mining and exploration studies towards presenting a feasibility study to meet the Ministry of Energy and Mineral Resources criteria in shale oil ventures.//Petra//SS 17/5/2015 - 07:18:06 PM
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