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Questerre's Manitoba Speafish Wells Yield 1,000+ BPD

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Questerre's Manitoba Speafish Wells Yield 1,000+ BPD

Questerre Energy Corporation has reported results from its oil drilling program in Pierson, Manitoba adjacent to its existing production in Antler, Saskatchewan.

A five well program targeting the Spearfish formation was conducted by the operator early in the third quarter. The wells were drilled as short radius horizontals and completed with 16 stage fracs per well. They were drilled and completed on schedule and under budget. This follows the drilling of two successful wells in the fourth quarter of 2012. Questerre holds a 35% interest in all these wells.

Over the first three days, the five wells produced at gross rates of over 1,000 barrels of oil per day or 350 barrels per day net to Questerre's interest. Production over the first thirty days is expected to be approximately 700 barrels…

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