Nogen som kender indholdet i Paretos opdatering?
Insider acquisition
Alain Sans Cartier, Director of Questerre Energy Corporation, today acquired
2,000 Common Shares at $0.57 per Common Share on October 2, 2018. Subsequent to
the transaction, Mr. Sans Cartier holds 13,000 Common Shares of the Corporation.We seek Safe Harbour.
Ekstern link: http://www.newsweb.no/index.jsp?messageId=460590
Nyheten er levert av OBI.
http://www.netfonds.no/quotes/release.php?id=20181003.OBI.20181003S15
We seek Safe Harbour?
Kakwa North well tests at 2,900 boe/d
Calgary, Alberta – Questerre Energy Corporation (Questerre or the Company)
(TSX,OSE:QEC) reported today on the test results from its Kakwa North acreage.The operator recently completed the first well, 103/16-29-063-6W6M well (the
“103/16-29 Well”), with a 3000m horizontal leg in the Montney Formation. 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). Although the early results from the 103/16-29 Well are encouraging they
are not necessarily indicative of long-term performance or ultimate recovery.The operator is exercising its option to tie-in the 103/16-29 Well to
third-party processing facilities. Questerre will hold a royalty interest in the
103/16-29 Well subject to standard payout provisions.Michael Binnion, President and Chief Executive Officer of Questerre, commented,
These tests results are very promising. They suggest Kakwa North has the
potential to deliver similar results as our production in the immediate area. We
are looking forward to the results from the second well that is currently being
tested.Questerre Energy Corporation is leveraging its expertise gained through early
exposure to shale and other non-conventional reservoirs. The Company has base
production and reserves in the tight oil Bakken/Torquay of southeast
Saskatchewan. It is bringing on production from its lands in the heart of the
high-liquids Montney shale fairway. And pursuing oil shale projects with the aim
of commercially developing these massive resources.Questerre is a believer that the future success of the oil and gas industry
depends on a balance of economics, environment and society. We are committed to
being transparent and are respectful that the public must be part of making the
important choices for our energy future.For further information, please contact:
Questerre Energy Corporation
Jason DSilva, Chief Financial Officer
(403) 777-1185 / (403) 777-1578 (FAX) /Email: info@questerre.comAdvisory Regarding Forward-Looking Statements
This news release contains certain statements which constitute forward-looking
statements or information (forward-looking statements) including the Companys
view that the test results are very promising, that Kakwa North has the
potential to deliver similar results to the Companys adjacent producing acreage
and the testing of the second well at Kakwa North. Forward-looking statements
are based on a number of material factors, expectations or assumptions of
Questerre which have been used to develop such statements and information but
which may prove to be incorrect.Although Questerre believes that the expectations reflected in these
forward-looking statements are reasonable, undue reliance should not be placed
on them because Questerre can give no assurance that they will prove to be
correct. Since forward-looking statements address future events and conditions,
by their very nature they involve inherent risks and uncertainties. Further,
events or circumstances may cause actual results to differ materially from those
predicted as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company, including,
without limitation: whether the Company’s exploration and development activities
respecting its prospects will be successful or that material volumes of
petroleum and natural gas reserves will be encountered, or if encountered can be
produced on a commercial basis; the ultimate size and scope of any hydrocarbon
bearing formations on its lands; that drilling operations on its lands will be
successful such that further development activities in these areas are
warranted; that Questerre will continue to conduct its operations in a manner
consistent with past operations; results from drilling and development
activities will be consistent with past operations; the general stability of the
economic and political environment in which Questerre operates; drilling
results; field production rates and decline rates; the general continuance of
current industry conditions; the timing and cost of pipeline, storage and
facility construction and expansion and the ability of Questerre to secure
adequate product transportation; future commodity prices; currency, exchange and
interest rates; regulatory framework regarding royalties, taxes and
environmental matters in the jurisdictions in which Questerre operates; and the
ability of Questerre to successfully market its oil and natural gas products;
changes in commodity prices; changes in the demand for or supply of the
Company’s products; unanticipated operating results or production declines;
changes in tax or environmental laws, changes in development plans of Questerre
or by third party operators of Questerre’s properties, increased debt levels or
debt service requirements; inaccurate estimation of Questerre’s oil and gas
reserve and resource volumes; limited, unfavourable or a lack of access to
capital markets; increased costs; a lack of adequate insurance coverage; the
impact of competitors; and certain other risks detailed from time-to-time in
Questerre’s public disclosure documents. Additional information regarding some
of these risks, expectations or assumptions and other factors may be found under
in the Company’s Annual Information Form for the year ended December 31, 2017
and other documents available on the Companys profile at www.sedar.com. The
reader is cautioned not to place undue reliance on these forward-looking
statements. The forward-looking statements contained in this news release are
made as of the date hereof and Questerre undertakes no obligations to update
publicly or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.Barrel of oil equivalent (“boe”) amounts may be misleading, particularly if used
in isolation. A boe conversion ratio has been calculated using a conversion rate
of six thousand cubic feet of natural gas to one barrel of oil and the
conversion ratio of one barrel to six thousand cubic feet is based on an energy
equivalent conversion method application at the burner tip and does not
necessarily represent an economic value equivalent at the wellhead. Given that
the value ratio based on the current price of crude oil as compared to natural
gas is significantly different from the energy equivalent of 6:1, utilizing a
conversion on a 6:1 basis may be misleading as an indicatioEkstern link: https://newsweb.oslobors.no/message/463262
Nyheten er levert av OBI.
http://www.netfonds.no/quotes/release.php?id=20181109.OBI.20181109S55
November 9, 2018 Kakwa North well tests at 2,900 boe/
Calgary, Alberta – Questerre Energy Corporation (Questerre or the Company)
(TSX,OSE:QEC) reported today on the test results from its Kakwa North acreage.The operator recently completed the first well, 103/16-29-063-6W6M well (the
“103/16-29 Well”), with a 3000m horizontal leg in the Montney Formation. 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). Although the early results from the 103/16-29 Well are encouraging they
are not necessarily indicative of long-term performance or ultimate recovery.The operator is exercising its option to tie-in the 103/16-29 Well to
third-party processing facilities. Questerre will hold a royalty interest in the
103/16-29 Well subject to standard payout provisions.Michael Binnion, President and Chief Executive Officer of Questerre, commented,
These tests results are very promising. They suggest Kakwa North has the
potential to deliver similar results as our production in the immediate area. We
are looking forward to the results from the second well that is currently being
tested.Questerre Energy Corporation is leveraging its expertise gained through early
exposure to shale and other non-conventional reservoirs. The Company has base
production and reserves in the tight oil Bakken/Torquay of southeast
Saskatchewan. It is bringing on production from its lands in the heart of the
high-liquids Montney shale fairway. And pursuing oil shale projects with the aim
of commercially developing these massive resources.Questerre is a believer that the future success of the oil and gas industry
depends on a balance of economics, environment and society. We are committed to
being transparent and are respectful that the public must be part of making the
important choices for our energy future.For further information, please contact:
Questerre Energy Corporation
Jason DSilva, Chief Financial Officer
(403) 777-1185 / (403) 777-1578 (FAX) /Email: info@questerre.comAdvisory Regarding Forward-Looking Statements
This news release contains certain statements which constitute forward-looking
statements or information (forward-looking statements) including the Companys
view that the test results are very promising, that Kakwa North has the
potential to deliver similar results to the Companys adjacent producing acreage
and the testing of the second well at Kakwa North. Forward-looking statements
are based on a number of material factors, expectations or assumptions of
Questerre which have been used to develop such statements and information but
which may prove to be incorrect.Although Questerre believes that the expectations reflected in these
forward-looking statements are reasonable, undue reliance should not be placed
on them because Questerre can give no assurance that they will prove to be
correct. Since forward-looking statements address future events and conditions,
by their very nature they involve inherent risks and uncertainties. Further,
events or circumstances may cause actual results to differ materially from those
predicted as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company, including,
without limitation: whether the Company’s exploration and development activities
respecting its prospects will be successful or that material volumes of
petroleum and natural gas reserves will be encountered, or if encountered can be
produced on a commercial basis; the ultimate size and scope of any hydrocarbon
bearing formations on its lands; that drilling operations on its lands will be
successful such that further development activities in these areas are
warranted; that Questerre will continue to conduct its operations in a manner
consistent with past operations; results from drilling and development
activities will be consistent with past operations; the general stability of the
economic and political environment in which Questerre operates; drilling
results; field production rates and decline rates; the general continuance of
current industry conditions; the timing and cost of pipeline, storage and
facility construction and expansion and the ability of Questerre to secure
adequate product transportation; future commodity prices; currency, exchange and
interest rates; regulatory framework regarding royalties, taxes and
environmental matters in the jurisdictions in which Questerre operates; and the
ability of Questerre to successfully market its oil and natural gas products;
changes in commodity prices; changes in the demand for or supply of the
Company’s products; unanticipated operating results or production declines;
changes in tax or environmental laws, changes in development plans of Questerre
or by third party operators of Questerre’s properties, increased debt levels or
debt service requirements; inaccurate estimation of Questerre’s oil and gas
reserve and resource volumes; limited, unfavourable or a lack of access to
capital markets; increased costs; a lack of adequate insurance coverage; the
impact of competitors; and certain other risks detailed from time-to-time in
Questerre’s public disclosure documents. Additional information regarding some
of these risks, expectations or assumptions and other factors may be found under
in the Company’s Annual Information Form for the year ended December 31, 2017
and other documents available on the Companys profile at www.sedar.com. The
reader is cautioned not to place undue reliance on these forward-looking
statements. The forward-looking statements contained in this news release are
made as of the date hereof and Questerre undertakes no obligations to update
publicly or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.Barrel of oil equivalent (“boe”) amounts may be misleading, particularly if used
in isolation. A boe conversion ratio has been calculated using a conversion rate
of six thousand cubic feet of natural gas to one barrel of oil and the
conversion ratio of one barrel to six thousand cubic feet is based on an energy
equivalent conversion method application at the burner tip and does not
necessarily represent an economic value equivalent at the wellhead. Given that
the value ratio based on the current price of crude oil as compared to natural
gas is significantly different from the energy equivalent of 6:1, utilizing a
conversion on a 6:1 basis may be misleading as an indicatioEkstern link: https://newsweb.oslobors.no/message/463291
Nyheten er levert av OBI.
http://www.netfonds.no/quotes/release.php?id=20181109.OBI.20181109S84
Tolker det som positivt, er ikke inne igjen
Questerre files Q3-2018 MD&A Financial Statements
Highlights
Government of Quebec enacts Petroleum Resources Act and regulations
Kakwa joint venture facilities expansion completed with gross capacity almost
doubling to 43 MMcf/d
Kakwa North well tests at 2,900 boe/d and operator plans tie-in
Average daily production of 1,414 boe/d for the quarter, impacted by the plant
expansion, with adjusted funds flow from operations of $2.62 millionWe still plan to move forward in Quebec despite the previous Governments
decision to include the ban on hydraulic fracturing in the final regulations.
Our optimism is based on the strength of our legal position and, more
importantly, growing social acceptability.At a court hearing early in the fourth quarter, the Superior Court Justice
responsible for the case agreed that Questerres motion for judicial review
raises serious questions of public interest. Given the high importance of
the issues, we were allowed a fast-tracked judicial review that will decide on
permanently setting the fracking ban regulations aside. The hearing is scheduled
for next February and we expect a decision early in the spring. We are open to
settling this legal proceeding with the new Government on a pragmatic basis that
balances the legal issues and environmental protection.Aside from the unexpected and purported last-minute changes to the regulations,
we were pleased with the subsequent enactment of the Petroleum Resources Act
that will oversee oil and gas development in Quebec. This legislation was
approved by the National Assembly in December 2016 and permits hydraulic
fracturing. While the other regulations could be more streamlined, they allow us
to resume development once we have secured social acceptability.We continue to work on social acceptability, step by step. These included over
six years of public consultations and environmental assessments on developing
oil and gas, as well as the safety of modern completion techniques. This was
successful, and we believe it informed the 2030 Quebec Energy Policy that
supports the development of local natural gas to reduce emissions and energy
imports. Our next steps are to secure local acceptability with our clean gas
pilot and revenue sharing proposals for municipalities. The initial feedback has
been positive.On the basis that we have growing local acceptability and a hearing on the
regulations, we plan to close our previously announced acquisition in Quebec
early next year. This will give us the operatorship we need to advance our
proposed pilot program and revenue sharing. With a three fold increase in our
acreage, we will be engaging our reserve engineers to update the Quebec resource
assessment post-closing.In Jordan, we have started the next phase of engineering for our oil shale
project.In addition to the long-life reserves with no real decline rate relative to
shale oil and conventional production in North America, this project also
benefits from upgrading and premium pricing to Brent. Following the results from
the feasibility study by Hatch, that estimated combined capital and operating
costs of between US$38-40/bbl, we are looking at optimizing capital costs to
improve returns for this multibillion-barrel deposit. We hope to begin
negotiations with the Kingdom of Jordan for a concession agreement by year-end.By this time, we should see the results from the second farm-in well on our
Kakwa North acreage. We were very pleased with the results from the first well
that tested at 2,900 boe/d including almost 1,000 bbl/d of condensate. Another
well could spud early next winter. We have a royalty interest in these initial
wells and a 50% working interest in all future wells. Based on the operator’s
plans to tie-in these wells, by this time next year, we may see a similar ramp
up in drilling to our adjacent Kakwa acreage.At Kakwa, up to seven (1.5 net) wells are planned over the next year. On this
basis, we anticipate production growth of 500 boe/d largely funded by cashflow.Production averaged 1,414 boe/d for the third quarter and 1,812 boe/d year to
date compared to 1,643 boe/d and 1,270 boe/d for the same periods last year.
With production shut-in longer than expected for this infrastructure and other
field work, our volumes declined over the prior quarter. Current corporate
production is estimated at 1,800 boe/d.Improved oil prices and higher volumes year to date contributed to adjusted
funds flow from operations of $13.28 million for the nine months ended September
30, up from $4.23 million last year. Light oil and liquids represent almost 70%
of our production and we realized an average price of $74/bbl year to date. As a
result of the growing discounts for Canadian oil due to a lack of market access,
this pricing could decrease materially over 2019.We were encouraged by the election of a right-of-centre majority government in
Quebec. Our natural gas discovery could contribute strongly to their goal of
reducing energy imports and improving the provinces economic independence. We
look forward to working with this new government.Michael Binnion
President and Chief ExecuEkstern link: https://newsweb.oslobors.no/message/463302
Nyheten er levert av OBI.
http://www.netfonds.no/quotes/release.php?id=20181109.OBI.20181109S95
16/11-2018 06:18:36: (QEC) Questerre doubles Kakwa land position
Vis børsmeldingen
http://www.netfonds.no/quotes/release.php?id=20181116.OBI.20181116S3
22/11-2018 01:35:00: (QEC) Second Kakwa North well tests at over 2,700 boe/d
Tok han feil? Eller kan kjøp på dagens kurs være smart?
https://www.hegnar.no/Nyheter/Boers-finans/2018/11/Analytiker-Her-kan-du-doble-pengene-dine
Det er nok smart på litt sikt. Hadde tenkt å kjøpe QEC og NHY etter jeg solgte FUN, men akkurat nå kjøper jeg ingenting… bortsett fra noen små korte trades.
Over tid kan det vlive et godt køb.
19/12-2018 06:15:00: (QEC) Questerre provides corporate update
02/01-2019 08:25:58: (QEC) Disclosure in respect of Questerre Energy Corporation (sedol B0BSGZ9, ISIN CA74836K1003) («the Company
Oppdatert energirapport fra Quebec for 2019. QEC er nevnt på side 59 under hydrokarboner.
In Gaspésie, the Bourque and Haldimand projects
Petrolia, now owned by the company
Pieridae Energy, could approach the phase
of production. Junex’s Galt project, also in
Gaspésie, could also cross the different
start-up steps, in context
political and economic. Questerre Energy could
go ahead with a demonstration project of
own production of natural gas, located in
the St. Lawrence Lowlands. This project aims
to show that Quebec’s gas production
natural with hydraulic fracturing may have
fewer environmental consequences than the
natural gas currently imported. Finally, the Énergie Saguenay natural gas liquefaction project and the
pipeline that should be built to power it
will be debated, while the impact studies
and environmental assessments will be done.