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Questerre Energy Corp (Canada) QTEYF


Primary Symbol: T.QEC

Questerre Energy Corporation is a Canada-based energy technology and innovation company. The Company 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. The Company’s segments include Western Canada, Quebec and Corporate & other. The Western Canada segment is engaged in exploration and development activities in Western Canada, including Alberta, Saskatchewan, and Manitoba with existing production of natural gas, crude oil, and natural gas liquids. The Quebec segment is engaged in development of a significant natural gas discovery in the province with a focus on securing social acceptability and regulatory approvals for a clean technology energy project. The Corporate & other segment provides general and administrative resources to manage the respective operating segments. It also Includes exploration activities in the Kingdom of Jordan.


TSX:QEC - Post by User

Post by nozzpackon Feb 08, 2024 1:13pm
571 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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