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Questerre Taps Advisory Firm to Aid in New 'Clean Tech Energy' Initiative

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   |    Monday,April 08,2019

Questerre Energy Corp. has engaged Industrial Alliance Securities Inc. (iA Securities) to provide advisory services with respect to finding Quebec-based strategic investors for its clean tech energy project.

Questerre's assets are located in the Bakken/Torquay of southeast Saskatchewan as well as the Montney shale fairway.

The clean tech energy project seeks to develop the Company’s multi-Tcf natural gas discovery in the province of Quebec using innovative technologies that promote clean energy production. The development of this discovery could generate substantial economic benefits for the province and other stakeholders. By combining new and innovative technologies with existing production methods, the clean tech energy project could also help Quebec in its energy transition plans and assist in meeting its 2030 Energy Policy goals. The technologies and processes could develop into new export opportunities for Quebec either directly or indirectly through reducing embedded emissions of other products using natural gas a feedstock.

Michael Binnion, President and Chief Executive Officer of Questerre, commented, “With the agreement to regain operatorship in place and growing interest in our clean tech energy pilot, we have hired Industrial Alliance to help us with strategic partnerships. They are one of Quebec’s oldest financial services firms with an extensive network in the province. We are looking forward to working with them to take our assets in Quebec to the next stage.”