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Questerre Implements Unconventional Oil Strategy in Third Quarter
Nov. 11, 2011 02:13PM PST
Oil and Gas InvestingQuesterre 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.Â
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