Nydelig rapport og her blir det fart fremover!!
https://www.hegnar.no/Nyheter/Boers-finans/2019/03/Analytiker-roper-kjoep-aksjen-tar-av
Last opp!
04/04-2019 02:17:33: (QEC) April 2019 Corporate Presentation
08/04-2019 06:00:00: (QEC) Questerre engages financial advisor for Quebec strategic investors
23/04-2019 16:30:00: (QEC) Questerre announces proposed private placement
Nå ble jeg skikkelig overasket gitt …
N THE US, ONLY FOR DISTRIBUTION TO QUALIFIED INSTITUTIONAL BUYERS (“QIBs”). PLEASE CONFER OTHER IMPORTANT OFFERING RESTRICTIONS LISTED IN THE INVESTOR MATERIAL. APPLICANTS ARE REQUESTED TO SIGN AND RETURN THE APPLICATION AGREEMENT TO THE MANAGERS IN ORDER TO BE ALLOCATED SHARES.
We hereby invite you to participate in the private placement of shares in Questerre Energy Corporation (OSE ticker: “QEC”).
Please find links to relevant documents below:
- Term Sheet
- Application Agreement
- Stock Exchange Announcement
- Current Company Presentation
- Client Agreement Kit
Questerre Energy is a Canadian E&P company focused on unconventional oil & gas resources
Assets in Canada, the US and Jordan
Market capitalization of approx. USD 126m – Listed on OSE and TSX (ticker “QEC”)
Three shale play assets underpinned by cash flow from Montney production asset
Montney – Liquids rich shale production with scalability
High-liquid shale play with 30 mmboe of 2P reserves
~1,900 boepd net production from its 25% stake in the JV acreage in Montney
Recent wells tested at 2,800 boepd – financed 100% by farm-in partner
Continued drilling in Montney with 5 wells (1.25 net well) and potential Kakwa North farm-in well in 2019
Quebec – QEC has re-gained 100% operated interest and is advancing a clean tech pilot
Acquired 75% operated interest from Repsol to re-gain full control of development
21 Tcf of gross gas resources with compelling economics
Regulatory setback in 2018 banning fraccing has been offset by interim settlement with new government
Interim settlement is that Questerre will develop a clean tech energy pilot
High leverage to continued drilling success and unlocking Quebec value potential *
Questerre offers significant upside at higher oil prices through Montney production and shale oil assets
Limited value attributed to Quebec value potential in current share price
Pareto research estimates NAV of NOK 5.2 per share
Note(*): all estimates based on Pareto Equity Research estimates
TRANSACTION OVERVIEW
SUMMARY OF TERMS:
Issuer
· Questerre Energy Corporation – a public limited liability company existing under Alberta law.
Listing venue
and ISIN
· The Company’s common shares are listed on Oslo Børs (OSE) and Toronto Stock Exchange (TSX) – both under the ticker code “QEC”.
· ISIN CA74836K1003.
Current share capital and market capitalisation
· Shares outstanding: 389,007,000 common shares.
· Market cap.: Approx. USD 126m (~ NOK 1,070m) based on a price of NOK 2.75 per share.
Transaction structure, size
and price
· Structure: Private Placement of new common shares (the “Offer Shares”).
· Size: Up to 38,900,000 Offer Shares – corresponding to approx. 10% of all outstanding shares (the “Transaction Size”).
· Price: Will be set through an accelerated bookbuilding process with a target price close to trading price (the “Subscription Price”). The Subscription Price will be denominated in NOK.
· The final Transaction Size and Subscription Price will be determined by the Company’s board of directors in consultation with the Managers after the bookbuilding period has closed.
Use of proceeds
· The net proceeds will be used to strengthen the Company’s working capital, partially finance its ongoing Montney capital program and the preliminary work for its planned clean tech energy project in the St. Lawrence Lowlands, Quebec.
Minimum order
and allocation
· Minimum order and allocation has been set to the number of shares that has an aggregate purchase price of the NOK equivalent to EUR 100,000, provided that the Company may offer and allocated lower amounts subject to available exemptions from applicable prospectus requirements.
Allocation criteria
· Allocations will be made at the sole discretion of the Company’s board of directors in consultation with the Managers.
· The Company’s board of directors will focus on criteria such as (but not necessarily limited to) current ownership in the Company, timeliness of the application, price leadership, relative order size, sector knowledge, perceived investor quality and investment horizon.
Transaction conditions
· Approval by the Company’s board of directors. Board meeting to be held shortly after the end of the book-building period.
· Approval by Toronto Stock Exchange
Managers
· Arctic Securities, Pareto Securities and SpareBank 1 Markets (collectively the “Managers”).
Investor documentation
· An application agreement, a term sheet and the stock exchange announcement published by the Company in connection with the Private Placement (all dated 23 April 2019) as well as public available information such as the current company presentation published on www.newsweb.no on 4 April 2019.
· Financial information and other relevant information about the Company are available on the Company’s web-site (www.questerre.com) and on SEDAR (www.sedar.com).
· The Managers have not engaged any external advisors to carry out any due diligence investigations (legal, financial or technical) and the Managers have not taken any steps to verify the information in the Investor Documentation other than obtaining certain customary written confirmations from the Company and its representatives, hereunder a Declaration of Completeness signed by the Company whereby the Company has confirmed, to the best of its knowledge, that the Investor Documentation in all material respect is correct and that there are no material omissions.
Selling restrictions
· The private placement is directed towards investors subject to applicable exemptions from relevant prospectus requirements, (i) outside the United States in reliance on Regulation S under the US Securities Act of 1933 (the “US Securities Act”) and (ii) in the United States to “qualified institutional buyers” (QIBs) as defined in Rule 144A under the US Securities Act.
· Applicants are requested to sign and return the Application Agreement to the Managers in order to be allocated shares.
· The new shares cannot be traded into Canada before the date that is 4 months and a day after the Delivery Date as defined in the Application Agreement.
Target market
· Non-professional, professional and eligible counterparties.
· Negative target market: An investment in Offer Shares is not compatible with investors looking for full capital protection or full repayment of the amount invested or having no risk tolerance, or investors requiring fully guaranteed income or fully predictable return profile.
TIMELINE:
Start of bookbuilding period
· 23 April 2019 at 16:30 CET.
Close of bookbuilding period *
· 24 April 2019 at 08:00 CET.
Note(*):The Company, together with the Managers, reserve the right to close or extend the bookbuilding period at any time at their sole discretion. If the bookbuilding period is shortened or extended, the other dates referred to herein will be amended accordingly.
Notification of allocation
· On or about 24 April 2019.
Payment date
· On or about 30 April 2019.
Delivery date
· Expected on or about 2 May 2019.
First day of trading
· Expected on or about 2 May 2019.
Please note that this only represents a summary of the transaction details. More detailed information is included in the Investor Documentation attached hereto.
Please note that the above information is not specifically assessed against the individual customer relationship, and therefore does not constitute investment advice.
Investments in securities are associated with certain risk, and we kindly advise you to update yourself on the risk factors other specific detail related to the investment.
IMPORTANT NOTICE
ONLY REGISTERED CLIENTS OF PARETO SECURITIES MAY PARTICIPATE IN THE PRIVATE PLACEMENT.
Pleased to announce?
24/04-2019 06:00:00: (QEC) Questerre announces successful private placement
03/05-2019 06:35:00: (QEC) Questerre closes private placement
06/05-2019 08:45:00: (QEC) Questerre updates progress on Clean Tech Energy research in Quebec
10/05-2019 23:45:00: (QEC) Questerre reports Q1 2019 results
17/05-2019 23:53:00: (QEC) Questerre updates shareholder rights plan
21/05-2019 08:15:00: (QEC) Annual General & Special Meeting of Shareholders on June 18, 2019
21/05-2019 08:30:00: (QEC) Questerre to work with Schlumberger for Clean Tech project
19/06-2019 05:41:18: (QEC) Questerre reports voting results of 2019 Annual Meeting
First fondene eier 8,691 mill aksjer i Qec ref. Topp 20 listen som ble lagt ut idag!
Har de økt?
Kan dere komme noe spennende rundt q2 tall?
QEC frister om dagen!
I dag kl 21:2182
Litt intresant hvorfor får de tilslag på salget her nå ,man kan jo ha i tankene våre områder er priset til 0 så dette var da noe lystig lesestoff i ferien.
Cuda Oil and Gas : Announces Agreements to Sell All of Its Quebec Assets for a Total Transaction Value of $10.59 Million
07/24/2019 | 02:25pm
Ha en god sommer
Redigert i dag kl 21:23
I dag kl 21:3755
Takk for info!
Cuda Oil & Gas - Quebec
Quebec – Potential to Unlock Significant Value with Social / Political Progress
~1MM gross acres targeting high-quality Utica shale gas (3.5 TCF Net Prospective Resource – NSAI, 2)
Cuda management has extensive Utica Shale experience drilling in the U.S. while at Magnum Hunter
Galt oil discovery IP30 at 200 bbl/d; 4.2 MMboe of recoverable contingent oil resource (P50)
https://cudaoilandgas.com/operations/
—-
Questerre Quebec
20 TCF pluss pluss
https://www.questerre.com/operations/quebec/
Ikke en krone er regnet inn ei Jordan.
Kursmål 5 uten disse, så hvem driver med hva her
HOD 1.56 brøt over 1.5 sperren