📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI.See top stocks

BRIEF-Questerre Energy ‍in farm-in deal to develop its Kakwa area

Published 2018-03-05, 02:38 a/m
© Reuters.  BRIEF-Questerre Energy ‍in farm-in deal to develop its Kakwa area
QEC
-

March 5 (Reuters) - Questerre Energy Corp QEC.TO :

* QUESTERRE TO DEVELOP KAKWA NORTH ACREAGE WITH PARTNER

* ‍ENTERED INTO AN AGREEMENT WITH AN EXPERIENCED OPERATOR TODEVELOP ITS 100% OWNED ACREAGE IN KAKWA AREA​

* ‍FIRST WELL AT KAKWA NORTH SHOULD SPUD NEXT QUARTER,SUBJECT TORIG AVAILABILITY​

* ‍GIVEN STRONG CONDENSATE PRODUCTION AND LOW SOUR CONTENTFROMNEARBY WELLS ON OUR JOINT VENTURE ACREAGE WE ARE LOOKING FORWARDTO RESULTS​

* ‍WITH THIS JOINT VENTURE WE ARE DEVELOPING OUR OPERATEDACREAGEAND PRESERVING CAPITAL PRIMARILY FOR QUEBEC​

* ‍FARM-IN PARTNER IS AN EXPLORATION AND PRODUCTION COMPANYWITHEXTENSIVE OPERATING EXPERIENCE WITH MONTNEY FORMATION​

* ‍FARM-IN PARTNER HAS RIGHT TO DRILL, COMPLETE, EQUIP ANDTIE-INTWO HORIZONTAL WELLS TARGETING MONTNEY FORMATION TO EARN A 50%INTEREST IN CERTAIN ACREAGE​

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.