Exploration & Production | Quarterly / Earnings Reports | Second Quarter (2Q) Update | Capital Markets | Capital Expenditure
Questerre Pad Drills on JV Acreage, Adds Potential Locations
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Questerre Energy Corporation has reported on its financial and operating results for the quarter ended June 30, 2014.
Michael Binnion, President and Chief Executive Officer, commented: "With our Montney development plan underway, we drilled a number of key wells in the second quarter of this year. These wells can prove up over 130 possible drilling locations on 17 sections of 100% owned acreage. The 16-07 Well at Kakwa South is currently on flow-back. The 14-29 Well at Kakwa North is being cased and will be completed and tested in September. Up to three more wells are planned for our operated acreage over the remainder of this year.
On our joint venture acreage, we moved up the learning curve by drilling three wells from a single pad, each with a 1.5 mile lateral leg. These wells were…
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