Questerre Energy Corporation

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	Questerre and Talisman's land sits squarely in the middle of the St. Lawrence Lowlands situated between Logan’s Line and the Yamaska growth fault and extends from Quebec City south to a point beyond Lac Saint Pierre.		Questerre and Talisman's land sits squarely in the middle of the St. Lawrence Lowlands situated between Logan’s Line and the Yamaska growth fault and extends from Quebec City south to a point beyond Lac Saint Pierre.
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		+	According to a November, 2008 report, Questerre is participating in a joint venture Utica Shale drilling program on the Yamaska property which consists of 112,000 acres. So far two horizontal wells have been drilled and a pilot program of horizontal drilling is planned for 2009. [[Forest Oil Corporation|Candian Forest Oil]] and [[Gastem]] are the venture partners. Questerre owns a 20% working interest as does Gastem, and Canadian Forest Oil owns the balance of 60% and is the operator.
	Michael Binnion is President and Chief Executive Officer of Questerre.		Michael Binnion is President and Chief Executive Officer of Questerre.

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Revision as of 03:00, 6 November 2008

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Questerre Energy Corporation (TSX:QEC) (OSLO:QEC) is a Calgary, Alberta-based independent exploration company which is participating in a farm-in agreement with Talisman Energy Inc., the well operators, to drill three wells in the St. Lawrence Lowlands, Quebec, Canada. The wells will test multiple horizons including the Trenton-Black River and the Utica and Lorraine shale formations. As of September 2008, it is reported that the first of these three wells has been spudded.

Questerre and Talisman's land sits squarely in the middle of the St. Lawrence Lowlands situated between Logan’s Line and the Yamaska growth fault and extends from Quebec City south to a point beyond Lac Saint Pierre.

According to a November, 2008 report, Questerre is participating in a joint venture Utica Shale drilling program on the Yamaska property which consists of 112,000 acres. So far two horizontal wells have been drilled and a pilot program of horizontal drilling is planned for 2009. Candian Forest Oil and Gastem are the venture partners. Questerre owns a 20% working interest as does Gastem, and Canadian Forest Oil owns the balance of 60% and is the operator.

Michael Binnion is President and Chief Executive Officer of Questerre.