|Bid||2.19 x 10000000|
|Ask||2.22 x 3250500|
|Day's Range||2.0020 - 2.2280|
|52 Week Range||1.3610 - 7.9700|
|Beta (3Y Monthly)||2.15|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.96|
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Dec..
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.