March 1 (Reuters) - Questerre Energy QEC.OL QEC.TO
* q4 net loss $56 million versus loss $39.1 million year
ago
* booked q4 asset impairment $48.3 million versus
impairment $47 million year ago
* Says subject to results and commodity prices, we plan to
selectively drill additional wells on our joint venture acreage
this year.
* Says total proved plus probable end-2015 reserves were
12.91 mmboe versus 13.89 mmboe end-2014
* Corporate total proved plus probable reserves at December
31, 2015 were 12.91 MMboe with a before income tax NPV-10 of
$119.34 million. The majority of these reserves, or 11.16 MMboe
with a before income tax NPV-10 of $77.64 million, are for our
Montney assets. This compares to corporate reserves of 13.89
MMboe with a before income tax NPV-10 of $231.63 million as at
December 31, 2014 and reserves for the Montney assets of 11.92
MMboe with a before income tax NPV-10 of $175.42 million.
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