Operational Updates
Questerre Energy Liquids-Rich Montney to Provide Growth in Near-Term
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Questerre Energy Corporation reported today on its operating and financial results for the third quarter of 2012.
Capital investment of $9.38 million in the quarter included $3.06 million invested in the Montney shale, $2.67 million invested in Antler and $1.92 million incurred on the core hole programs in Pasquia Hills.
Highlights
Spud second horizontal well targeting liquids-rich natural gas in the Kakwa-Resthaven area of Alberta Red Leaf and supermajor Total S.A. began in-field testing and engineering work to commercialize EcoShale In-Capsule process Commenced second core hole program for oil shale acreage in Pasquia Hills, Saskatchewan Cash flow from operations of $2.8 million for the quarter with average daily production of 696 boe/d Over $40 million in positive working capital and…- ✓ Full news archive — U.S., Canada & international coverage
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