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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Comment by mbgldon Oct 07, 2010 4:37pm

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Post# 17542368

RE: RE: BNN not favourable to qec

I don't dispute the legitimacy of the gas play in the lowlands. What concerns me a little is the lax attitude the company has to the deferal of the drill program. "Sure we're dissappointed that the drilling was cancelled". Now TLM is a big company and these decisions are done in budget meetings and take a bit of time to hash out. So I wonder how much of a surprise it really was. Apparently the cost of the rig is about $400,000.00/day to be on stand by. Is that a significant increase? I don't know

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