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Questerre Energy Corp (Canada) T.QEC

Alternate Symbol(s):  QTEYF

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

Comment by jutah70on May 18, 2015 12:39pm
156 Views
Post# 23738636

RE:Any comments to this Jordan news ?????

RE:Any comments to this Jordan news ?????Interesting article.  Positive on one hand; some negative on the other.

The first question that came to mind is Questerre promoting the Red Leaf technology?  Is this why they are over there?  Were they approached because of what they currently do?  Or is Binnion out there looking for opportunities?  Connections of one of the board members?  Guess these are questions for the investor relations department best to answer (unless someone on this board may have some insights).

The item I would list as part of the negative (for lack of a better term) is the political instability in the region.  Whatever QEC may be doing over there may be impacted by investor nervousness in putting money behind ventures in regions like this.  But would depend on what capacity QEC's involvement is.  Advisory basis?  As consultants?  Promoters of currently technologies and practices?  Or promoting/selling future technologies (EcoShale).  I am interested to find out what this arrangement is about and what it could lead to.

Recently read an article that had me thinking about QEC and the Red Leaf investment.  Talks about times like this as game changers.  Uses examples from the past to show how invative technologies and companies emerge when industries go through periods of evolution.  That the more expensive producers/projects may get left behind due to smaller more nimble companies using more modern/cost effective technology to emerge and advance (hope I have given the correct spin on things - but read the article to see how it may be relevant to QEC even though it is related to the oil sands).  https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/alberta-oil-sands-investment-slowing-down-after-price-collapse/article24470585/?cmpid=rss1&utm_source=dlvr.it&utm_medium=gplus

In a sense investment may turn to companies like QEC over time and away from the larger players if the ROR seems more attractive.  If indeed the work they are doing to improve the EcoShale technology to bring it down to the $30-$40/bbl range, it could be game changing.  If approved and it works, does it bring Quebec back online?


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