QEC blowout: Contact not involved? It looks to me as though Contact is not involved in the blowout on the Kakkwa Qec well: it seems to be %100 operated by QEC, which had a drop in the share price today, while we went up. This is from an earlier news release (November) on the QEC site, which seems to describe the 15-01 well in Kakkwa that had the blowout.
"Questerre also reported that drilling operations will be finalized shortly on its first operated well targeting the liquids-rich Montney. Good shows of natural gas and liquids were observed during drilling. Questerre has a 100% interest in this well before payout and an 80% in this well after payout. Upon completion of this well, Questerre will have an 80% interest in six sections of land. The well is located approximately six miles to the south of the 16.75 section block where Questerre has a 25% working interest. The well will have a horizontal leg of over 1200m. Subject to equipment availability, completion operations are planned for early in the new year."