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Questerre Energy Corp (Canada) QTEYF


Primary Symbol: T.QEC

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

Post by nozzpackon Feb 08, 2024 1:13pm
820 Views
Post# 35870413

How the Litigation Suit will end

How the Litigation Suit will end 1...There is no way that the Quebec Govt can deny QEC its sunk costs ($165 m ) plus interest and legal fees .
Roughly $250 million net to QEC.

Absolutely in the bag from my researches 

I leave aside the lost earnings that would have evolved from early production ....too diffucult to estimate 
except by QEC.

Further......and this could be quite substantial ...QEC was in the process of Implementing a full cycle near zero-emissions, with the growing support from the Frist Nations, local town, communities and farmers which has Questerre on target for energy transformation to near zero-emission Clean gas production.

To mitigate the opportunity losses to the local communities and FN......the latter has never lose a court case in Quebec ..the Quebec Govt will hand over substantial sums of money .....hundreds of millions..to get these projects back on track on an accelerated basis .

This means accelerated approval of QEC,s natural gas production as a JV with FN and other partners .

My research sources see the above as the minimum outcomes as the Quebec Govt acted illegally outside Quebec law .



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