Brief: Questerre Reports Year-End Reserves And Resources

Questerre Energy (Canada)

16/03/2020 06:08

March 16 (Reuters) - Questerre Energy Corp (Canada)
 QEC.TO :
    * QUESTERRE REPORTS YEAR-END RESERVES AND RESOURCES
    * QUESTERRE ENERGY- CORPORATE PROVED AND PROBABLE RESERVES
GREW BY
ABOUT 20% OR 5.4 MMBOE FROM 29.9 MMBOE TO 35.3 MMBOE, NET OF
PRODUCTION DURING YEAR
    * QUESTERRE - BEFORE TAX NPV-10% ESTIMATED FOR CORPORATE
PROVED,
PROBABLE RESERVES USING AVERAGE PRICE FORECAST OF THREE RESERVE
ENGINEERING FIRMS $237.5 MILLION

Source text for Eikon:  ID:nGNX6l9Gb7 
Further company coverage:  QEC.TO 

 ((Reuters.Briefs@thomsonreuters.com;))