Questerre Energy

Questerre Energy Corporation
Publicly traded corporation
Traded as TSX: QEC
OSE: QEC
Industry Petroleum industry
Founded 2000
Headquarters Calgary, Canada (Headquarters) Oslo, Norway (Office)
Area served
Worldwide
Key people
Peder Nicolas Paus (Chairman), Michael Binnion (CEO)
Products Shale gas exploration
Revenue C$10.4 million (2010)[1]
Decrease (C$18.3 million) (2010)[1]
Decrease (C$15.7 million) (2010)[1]
Total assets C$269.0 million (end 2010)[1]
Total equity C$248.9 million (end 2010)[1]
Number of employees
20 (end 2010)[2]
Website www.questerre.com

Questerre Energy Corporation is an international energy exploration company[3] headquartered in Calgary, Canada, and listed on the Toronto Stock Exchange and the Oslo Stock Exchange. It holds the largest acreage position in the Utica Shale in the Saint Lawrence Lowlands. Questerre also have operations in Saskatchewan and in the Montney Formation in Alberta.

Questerre is involved in the oil shale operations through its equity investment in Red Leaf Resources, an owner of proprietary EcoShale In-Capsule Technology for shale oil extraction and leases in Utah and Wyoming.

The company was co-founded, in 2000, by Michael Binnion and Peder Paus, who serve as CEO and Chairman of the Board respectively.[4]

The company was included on the OBX Index between June 2010[5] and December 2011.

References

  1. 1 2 3 4 5 "Annual Report 2010" (PDF). Questerre Energy Corporation. Retrieved 5 May 2011.
  2. "Annual Information Form 2010" (PDF). Questerre Energy Corporation. Retrieved 5 May 2011.
  3. "Questerre Gains Most in a Week on 'Successful' Test (Update1)". Bloomberg. 3 September 2008.
  4. http://www.hegnar.no/bors/article411175.ece
  5. http://www.questerre.com/en/investorcenter/press-releases/2010/untitled-document/

External links

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