|Bid||1.860 x 10000000|
|Ask||1.869 x 3250500|
|Day's Range||1.8220 - 1.9320|
|52 Week Range||1.8220 - 7.9700|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.97|
Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today the test results from the second well at Kakwa North. During the last 24 hours of a 200-hour production test, the 01-04 Well flowed 9.8 MMcf/d of natural gas and 1,124 bbls/d of condensate (2,770 boe/d). Michael Binnion, President and Chief Executive Officer of Questerre, commented, “With two wells testing at an average rate of 2,800 boe/d, we are proving up the potential of Kakwa North.
Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has completed a major expansion of its core acreage in the Kakwa area. The Company has acquired 34 (17 net) sections for the Montney Formation immediately offsetting its producing acreage at Kakwa and its acreage at Kakwa North. Subject to the drilling of additional wells under its farm-out agreement at Kakwa North, the Company will hold 63 (27.5 net) sections of Montney rights in the Kakwa area.
Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the test results from its Kakwa North acreage. During the last 24 hours of a 210-hour production test, the 103/16-29 Well flowed at an average rate of 11.6 MMcf/d of natural gas and 990 bbls/d of condensate (2,922 boe/d). Questerre will hold a royalty interest in the 103/16-29 Well subject to standard payout provisions.