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.

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Questerre Energy Corp (Canada)

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Post by livermore2on Jan 13, 2021 2:15pm

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Post# 32286470

Goldman Sachs very bullish on Natural gas for 2021

It is a shame that Quebec does not develop its Natural Gas which can basically go from the ground to pipe without processing because it is some of the cleanest in the world. Also, because the resource is so close to market- Quebec could get pricing higher than prices on the NYMEX -up to a full dollar higher!

From Globe and Mail today:

Goldman reiterated its expectation for a significant upside to NYMEX gas prices this summer to help correct what it sees as a 2.5 billion cubic feet per day market imbalance through October 2021, and maintained its $3.25/mmBtu 2021 summer U.S. gas price forecast.

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