Questerre – CFO Jason D’SilvaWill drill 8 (2 net) wells on the JV acreage this year, which is expected to more than double the current production of about 800 boe/day by YE17 } In Quebec, the company is optimistic that regulations will be introduced by mid-2017 and enable a pilot drilling program do commence in 2018 } The regulations will be implemented by the same government that approved the law in December 2016 and represent the next significant milestone towards a development of the resources } Further, the company highlights that strong production results from the Utica formation in the US supports an expected IRR of above 50% assuming a Henry Hub natural gas price of USD 2.5/mcf } Questerre continues to highlight that social acceptability is very important and that the Path to Zero Emission program is a part of the efforts to ensure a sustainable development of the resources #QEC fra PAS konf