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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 Utkant123on Jan 19, 2022 6:38am
161 Views
Post# 34331641

RE:RE:RE:Quebec total value for QEC could be up to 20Bn$

RE:RE:RE:Quebec total value for QEC could be up to 20Bn$

Virgil31 wrote: Lol. Where do you live in LaLa Land? 


Nope. This is supposedly from the court case QEC has with Quebec which is currently paused:

"As for the net income before tax that Questerre could be deprived of due to the Fracking ban, it was estimated by GLJ to be in the order of 3.28 billion as of 30 June 2018, with a discount rate of 10%, which illustrates serious and irreparable prejudices of this decision.

However, since this estimate was realized for only 17% of the area of the Questerre properties, it is safe to say that the damage could easily reach $ 19 billion, taking into account their total area. The studies conducted by CERI and GLJ also realistically confirm the economic potential of Questerre's findings."

Now take that with a grain of salt since I do not know its origin and has not seen it in a link myself. It is taken from a message board and translated. 
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