/NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
CALGARY, July 22 /CNW Telbec/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) launched a video today explaining how natural gas is extracted from shale rock in the St. Lawrence Lowlands. The video, available in both French and English at www.questerre.com, provides factual information on the horizontal drilling and hydraulic fracturing processes used in Québec.
"This French language video is the first of its kind. It is an excellent tool to explain shale gas processes and demonstrates Questerre's commitment to transparency in all of our operations," says Michael Binnion, President and CEO of Questerre Energy.
Questerre was the first-mover in Québec with our current land position taken in 1998. The Company holds over one million gross acres in the St. Lawrence Lowlands. With our partners, Questerre has drilled 9 wells and completed 25 hydraulic fractures in Québec. Netherland, Sewell & Associates, Inc., ("NSAI") an independent reservoir engineering firm based in Texas, estimates that the recoverable gas from Questerre's net acreage is in the range of 4.28 Tcf, an amount that could meet the needs of Quebeckers for the next 20 years.
"Our small company had a dream that natural gas in the St. Lawrence Lowlands could make Quebec energy independent and create a local industry with high paying jobs. Although we are still in the exploration phase, we believe that we are very close to seeing our dream become a reality. We want Quebeckers to have the facts they need to make informed choices about how to safely and responsibly develop this resource."
The video is available on the Questerre website at www.questerre.com
Questerre Energy Corporation is an independent energy company focused on shale gas in North America. The Company is concentrated on establishing commerciality of its Utica shale gas discovery in the St. Lawrence Lowlands, Québec. Questerre is committed to the economic development of its resources in an environmentally conscious and socially responsible manner.
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.
For further information: Anela Dido, Investor Relations, Questerre Energy Corporation, 403-777-1185, 403-777-1578 (FAX), Email: info@questerre.com
QEC.TO - Questerre Energy Com Npv (TSX)
| Date | Open | High | Low | Last | Change | Volume | % Change |
| 08/04/10 | 3.330 | 3.350 | 3.280 | 3.320 | +0.160 | 855345 | +5.06 % |
QEC.TO - Questerre Energy Com Npv (TSX)
| Date | Open | High | Low | Last | Change | Volume | % Change |
| 08/04/10 | 3.3300 | 3.3500 | 3.2800 | 3.3200 | +0.1600 | 855345 | +5.06% |
| Composite Indicator | |||
| Trend Spotter TM | Hold | ||
| Short Term Indicators | |||
| 7 Day Average Directional Indicator | Buy | ||
| 10 - 8 Day Moving Average Hilo Channel | Buy | ||
| 20 Day Moving Average vs Price | Buy | ||
| 20 - 50 Day MACD Oscillator | Sell | ||
| 20 Day Bollinger Bands | Buy | ||
| Short Term Indicators Average: | 60% - Buy | ||
| 20-Day Average Volume - 542095 | |||
| Medium Term Indicators | |||
| 40 Day Commodity Channel Index | Hold | ||
| 50 Day Moving Average vs Price | Buy | ||
| 20 - 100 Day MACD Oscillator | Sell | ||
| 50 Day Parabolic Time/Price | Buy | ||
| Medium Term Indicators Average: | 25% - Buy | ||
| 50-Day Average Volume - 1164807 | |||
| Long Term Indicators | |||
| 60 Day Commodity Channel Index | Hold | ||
| 100 Day Moving Average vs Price | Sell | ||
| 50 - 100 Day MACD Oscillator | Sell | ||
| Long Term Indicators Average: | 67% - Sell | ||
| 100-Day Average Volume - 932546 | |||
| Overall Average: | 16% - Buy | ||
QEC.TO - Questerre Energy Com Npv (TSX)
| Date | Open | High | Low | Last | Change | Volume | % Change |
| 08/04/10 | 3.3300 | 3.3500 | 3.2800 | 3.3200 | +0.1600 | 855345 | +5.06% |
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QEC.TO - Questerre Energy Com Npv (TSX)
| Date | Open | High | Low | Last | Change | Volume | % Change |
| 08/04/10 | 3.3300 | 3.3500 | 3.2800 | 3.3200 | +0.1600 | 855345 | +5.06% |
| Composite Indicator | -- Signal -- | -- Strength -- | -- Direction -- |
| Trend Spotter (TM) | Hold | Bearish | |
| Short Term Indicators | |||
| 7 Day Average Directional Indicator | Buy | Average | Strongest |
| 10 - 8 Day Moving Average Hilo Channel | Buy | Average | Strongest |
| 20 Day Moving Average vs Price | Buy | Weak | Strongest |
| 20 - 50 Day MACD Oscillator | Sell | Minimum | Weakest |
| 20 Day Bollinger Bands | Buy | Weak | Strongest |
| Short Term Indicators Average: | 60% - Buy | ||
| Medium Term Indicators | |||
| 40 Day Commodity Channel Index | Hold | Bullish | |
| 50 Day Moving Average vs Price | Buy | Minimum | Strongest |
| 20 - 100 Day MACD Oscillator | Sell | Weak | Weakest |
| 50 Day Parabolic Time/Price | Buy | Average | Strongest |
| Medium Term Indicators Average: | 25% - Buy | ||
| Long Term Indicators | |||
| 60 Day Commodity Channel Index | Hold | Bullish | |
| 100 Day Moving Average vs Price | Sell | Minimum | Weakest |
| 50 - 100 Day MACD Oscillator | Sell | Average | Weakest |
| Long Term Indicators Average: | 67% - Sell | ||
| Overall Average: | 16% - Buy | ||
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