Brief: Questerre Provides Corporate Update

Questerre Energy (Canada)

19/12/2018 10:35

Dec 19 (Reuters) - Questerre Energy Corp  QEC.TO :
    * QUESTERRE PROVIDES CORPORATE UPDATE
    * QUESTERRE ENERGY-REPORTED ON RECENT DEVELOPMENTS INCLUDING
IMPACT OF A 325,000 BARREL A DAY CURTAILMENT OF OIL PRODUCTION
ANNOUNCED BY GOVERNMENT OF ALBERTA
    * QUESTERRE ENERGY CORP SAYS  CURTAILMENT DOES NOT APPLY TO
COMPANY'S CONDENSATE PRODUCTION IN PROVINCE
    * QUESTERRE -RECORD DISCOUNTS BEFORE ANNOUNCEMENT WILL
IMPACT CO'S
CONDENSATE PRICING AND, AS  RESULT, CASH FLOW FOR LAST QUARTER
OF THIS YEAR IN ALBERTA
    * QUESTERRE -EXPECT RESIDUAL IMPACTS FROM THESE
DIFFERENTIALS ON
CASH FLOW IN H1 2019 THAT WILL ALSO SEE SOME OPERATIONAL
SHUT-INS IN Q1 IN ALBERTA

Source text for Eikon:  ID:nGNX15h9G3 
Further company coverage:  QEC.TO 

 ((Reuters.Briefs@thomsonreuters.com))