Questerre Implements Unconventional Oil Strategy in Third Quarter

- November 11th, 2011

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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