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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 nozzpackon Jan 04, 2022 8:27pm
180 Views
Post# 34283701

RE:SB1M Upgraded to Buy and target price

RE:SB1M Upgraded to Buy and target priceRegardless of the compensation arrangement with Quebec or any approved success of its carbon recycling project, Questerre is very much undervalued in relation to its assets outside Quebec, including Alberta, Sask and Jordan.

Any cash compensation can quickly be used to expedite the development of these advanced projects.

So, I view $0.56 as a short term target.


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