Bullboard - Stock Discussion Forum Questerre Energy Corp (Canada) QTEYF

Primary Symbol: T.QEC

Energy Oil & Gas E&P

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... see more

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Questerre Energy Corp (Canada) > Another translation

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Post by nozzpack on Jan 06, 2022 5:36pm

Another translation

https://finansavisen-no.translate.goog/nyheter/olje/2022/01/05/7796922/finansdirektor-mener-verdiene-kan-18-dobles?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US

So, this interview with CEO translates to up to 18 fold gains from compensation.

That still sounds unrealistic.
I will go as a minimum, counting zero for the Utica asset, and the pretty well confirmed $175 million for cost recovery quoted by the CEO.
That's about $0.42 per share in extra cash.

That alone will totally transform Questerre as a cash rich/ no debt Junior with multiples of increase in its Western Canada production and sufffucient funds to acquire / advance the 8 billion OOIP asset in Jordan.

Questerre will get compensated for lost future earnings for its Utica but it's too early to tell the exact amount.

It will be a bonus to the $175 million cost recovery..