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    Questerre Implements Unconventional Oil Strategy in Third Quarter

    Investing News Network
    Nov. 11, 2011 02:13PM PST
    Resource Investing

    Questerre Energy Corporation (TSX:QEC) announced on its 2011 third quarter financial and operating results.

    Questerre Energy Corporation (TSX:QEC) announced on its 2011 third quarter financial and operating results.

    As quoted in the press release:

    Highlights

    • Evaluating unconventional oil opportunities to complement Quebec discovery
    • Concluded light oil asset acquisition in Saskatchewan for $13.25 million
    • Groundwork begins for strategic environmental assessment of shale gas in Quebec
    • Growing oil weighting generated cash flow from operations of $3.01 million with production of 604 boe/d and current production over 700 boe/d

    Click here to read the Questerre Energy Corporation (TSX:QEC) press release.

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