Oct 27 (Reuters) - Questerre Energy Corp QEC.TO :
* Questerre announces 2017 capital budget and proposed private placement
* Has approved a capital budget of approximately $26 million for 2017
* Private placement will consist of issuance of up to 26.6 million common shares of company
* Co intends to use net proceeds to partially fund 2017 capital program, repay indebtedness under its credit facilities Source text for Eikon: ID:nCNWhPvRpa Further company coverage: QEC.TO