QEC.TO - Questerre Energy Corporation

Questerre Energy Corporation

801 - Sixth Avenue S.W.
Suite 1650
Calgary, AB T2P 3W2
Canada
403 777 1185
https://www.questerre.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael Rupert Binnion C.A.	Pres, CEO & Director	378.35k	N/A	1961
Mr. Jason D'Silva	Chief Financial Officer	258.5k	N/A	1974
Mr. John C. Brodylo	VP of Exploration	202k	N/A	1961

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Questerre Energy Corporation acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,960 acres located in Kakwa, west central Alberta, including a 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,400 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South. It also holds 100% working interest in 11,035 acres located in Antler, Saskatchewan; and oil shale assets in Jordan. The company was formerly known as Westpro Equipment Ltd. and changed its name to Questerre Energy Corporation in December 2000. The company was incorporated in 1971 and is headquartered in Calgary, Canada.

Corporate Governance

Questerre Energy Corporation’s ISS Governance QualityScore as of May 30, 2023 is 8. The pillar scores are Audit: 7; Board: 6; Shareholder Rights: 9; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.