BNET Industries

Last Fiscal Year Sales:$23.3M
  • Public
  • CA
Dow Jones Description

Questerre Energy Corporation is an innovative exploration and production company focusing on high-impact projects in frontier Canada. The Company participated in a recent discovery of a potential giant shale gas field in the Lowlands, Quebec with its partners Forest Oil & Talisman Energy. Questerre is also developing a portfolio of assets including resource style plays such as the Bakken/Torquay light oil play in Antler, Saskatchewan and the Jean Marie gas play in Greater Sierra, British Columbia. The Company's other conventional E&P assets in Southern and Central Alberta were largely responsible for production of approximately 1,200 boe/d and cash flow of $15 million for the nine months ended September 30, 2008. Questerre is well positioned financially with a strong balance sheet, no debt and existing cash flow. This will adequately finance projected capital spending for the next 12-18 months and allow it to capitalize on current market opportunities.

Number of Employees 9
Contact Information

1650 801 6th Ave SW

Calgary, Alberta T2P 3W2

www.questerre.c...

(403) 777-1185

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

News & Analysis

questerre energy corp. and talisman energy inc. - All News and Analysis

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