Questerre Energy Corp (Canada) T.QEC

Alternate Symbol(s): QTEYF

Energy Oil & Gas E&P

Questerre Energy Corporation is an energy technology and innovation company. It 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. It holds assets in Alberta, Saskatchewan, Manitoba and Quebec in Canada, as well as in the Kingdom of Jordan (Jordan). Its oil shale assets include its project in Jordan and its investment in Red Leaf Resources Inc. (Red Leaf). It plans to utilize the Red Leaf technology for its project in the Kingdom of Jordan. In Quebec, the project has a comprehensive program to test the carbon storage potential including injection and monitoring wells, compression facilities and a pipeline to an adjacent industrial park. Its Kakwa area is a liquids-rich Montney natural gas resource play situated over 75 kilometers (km) south of Grande Prairie in west central Alberta. Its Antler area is over 200 km southeast of Regina in southeast Saskatchewan.

TSX:QEC - Post by User

Questerre Energy Corp (Canada)

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Post by tulaon Apr 28, 2010 11:06am

612 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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