Sept 28 (Reuters) - Questerre Energy Corp QEC.TO :
* QUESTERRE ANNOUNCES PROPOSED PRIVATE PLACEMENT
* QUESTERRE ENERGY CORP - PRIVATE PLACEMENT WILL CONSIST OF ISSUANCE OF UP TO 34.9 MILLION COMMON SHARES OF COMPANY
* QUESTERRE ENERGY CORP - TO USE NET PROCEEDS FROM PRIVATE PLACEMENT TO STRENGTHEN WORKING CAPITAL, PARTIALLY FINANCE ONGOING MONTNEY CAPITAL PROGRAM
* QUESTERRE ENERGY CORP - ALSO TO USE NET PROCEEDS FOR PRELIMINARY WORK FOR PLANNED PILOT UTICA DEVELOPMENT PROJECT IN ST. LAWRENCE LOWLANDS, QUEBEC