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 QUESTERRE ENERGY CORP (QEC.T)

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cvac01
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PostSubject: Re: QUESTERRE ENERGY CORP (QEC.T)   Fri Sep 12, 2008 9:17 am

Transeuro and Questerre Commence Liard Shale Gas Test in Northeast British Columbia



Wednesday, August 27, 2008
Transeuro Energy Corp. and Questerre Energy Corporation announced today that joint operations are under way to test the deeper shale's in the Liard basin, northeast British Columbia, Canada. These shale's are Mississippian in age and are located approximately 100 km to the east of the Horn River shale play.

There are two existing producing tight gas/shale wells (A2 and A7) which Transeuro and Questerre both have 50% ownership and that Questerre has operated for over two years with relatively low decline rates. Compression was recently added to A2 with very promising initial results. Production from the A2 increased to over 4.0mmcf per day which is near its original peak production rate of 4.5mmcf per day. The continued good production performance of these shallower wells together with recent work by Questerre and Transeuro indicate that there is also strong potential for the deeper Devonian shale's. Gas in place numbers for this area for the Mississippian siltstone/shale sequence are confirmed at over 1 tcf per section (discovered resource) based on independent work by Nederland, Sewel & Associates Inc. Transeuro has a 50% interest in 35 sections with take away capacity in place.

The current operation is a re-entry of the A5 well. Three intervals will be perforated and minor stimulations will be conducted to evaluate reservoir and rock mechanical properties prior to an inflow test. The gross thickness of these prospective deeper shale's that are confirmed with good gas shows are in excess of 500m and these tests will assist in identifying the net productive reservoir intervals. If the results of the inflow tests are promising, a full stimulation will be carried out in a future operation to test for commercial flow rates.

Michael Binnion, President of Questerre commented "We have great control of land and infrastructure in this area. Expertise gained from our Quebec shale play has allowed us to re-evaluate our past results. We believe we have been able to correlate the results to particular shale qualities which greatly encourage us that a predictive model can be created. The very high gas in place numbers and promising production results from our two wells in the Liard shale's make this test very interesting."

Hal Hemmerich, President of Transeuro commented "We are excited about the prospects of the Liard basin shale and we see the similarities to the Horn River shale. The license has six existing well bores, the surface infrastructure and the export line that all add significant commercial advantage. We also see the value in the continuation of the development of the upper shale's which have produced strongly over the past two years and believe this work program will highlight the shale commerciality in the Liard Basin."

This resource is not classified as reserves, contingent resources or unrecoverable resources at this time until determination of the appropriate completion and stimulation techniques and the determining of areas of maximum natural fracturing to maximize recovery of this discovered resource. There is no certainty that it will be economically viable or technically feasible to produce any portion of the reported discovered resource.

Discovered resources are defined in the COGE Handbook, "Discovered resources are those quantities of oil and gas estimated on a given date to be remaining in, plus those quantities already produced from, known accumulations. Discovered resources are divided into economic and uneconomic categories, with the estimated future recoverable portion classified as reserves and contingent resources, respectively."
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cvac01
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PostSubject: Re: QUESTERRE ENERGY CORP (QEC.T)   Thu Jul 17, 2008 12:33 am

Hi Conan,

There are alot of companies working in the same area as QEC, but IMO QEC is one of the leaders in the area and released news late tonight (see below) that they are starting to drill a horizontal well. You are very right abut the summer sales, and its tough out there, but times will get better when attention comes back to the market.

Cheers,

cvac01

----------------------------------------

July 17, 2008
Questerre Energy Corporation: Shale Gas Well Spuds on Yamaska Permits
CALGARY, ALBERTA--(Marketwire - July 17, 2008) -

NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:OSE) announced today that the operator has commenced work on the first horizontal well on the Yamaska permits in the St. Lawrence Lowlands, Quebec.

The operations involve re-entering the existing St. Louis de Richelieu well and drilling a horizontal leg. This well was drilled last summer with Gastem Inc. as operator targeting the Utica shale horizon. Subject to the final drilling results, the well will be fracture stimulated and tested.

Questerre is a Calgary-based independent resource company actively engaged in the exploration, development and acquisition of high-impact exploration and development oil and gas projects in Canada.

This news release contains forward-looking information. Implicit in this information are assumptions regarding commodity pricing, production, royalties and expenses, that, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. These forward-looking statements are based on certain assumptions that involve a number of risks and uncertainties and are not guarantees of future performance. Actual results could differ materially as a result of changes in the Company's plans, commodity prices, equipment availability, general economic, market, regulatory and business conditions as well as production, development and operating performance and other risks associated with oil and gas operations. There is no guarantee made by the Company that the actual results achieved will be the same as those forecasted herein.

Barrel of oil equivalent ("boe") amounts may be misleading, particularly if used in isolation. A boe conversion ratio has been calculated using a conversion rate of six thousand cubic feet of natural gas to one barrel and is based on an energy equivalent conversion method application at the burner tip and does not necessarily represent an economic value equivalent at the wellhead.

This news release does not constitute an offer of securities for sale in the United States. These securities may not be offered or sold in the United States absent registration or an available exemption from registration under the United States Securities Act of 1933, as amended.
CONTACT INFORMATION:
Questerre Energy Corporation
Jason D'Silva
VP Finance
(403) 777-1185
Fax: (403) 777-1578
Email: info@questerre.com
Website: www.questerre.com
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Conan85
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PostSubject: Re: QUESTERRE ENERGY CORP (QEC.T)   Wed Jul 16, 2008 10:29 am

To heck with this one.. To unstable. Maybe when the "summer sale" is over.
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Conan85
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PostSubject: Questerre Energy Corp (QEC)   Mon Jul 14, 2008 8:28 am

Hello everyone,

Have been into QEC the last week, but I don't really know much about it. But I have made a little profit even tehre has been a bad over-all market.

Just added 3x to the stock capital of QEC now, so I am a bit nervous. Like i said, don't know much about the stock, just have a gut feeling.

Does anyone of you know anything about it? Thought I might ask for some opinions here since it's a canadian stock. You are the experts on those right? Razz

Kind regards,
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cvac01
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PostSubject: QUESTERRE ENERGY CORP (QEC.T)   Thu Jun 05, 2008 9:05 am

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