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10/17/2014 - 10:08 AM EST - Questerre Energy Corporation : reported today on recent developments in the Kakwa-Resthaven area of west central Alberta. Production from the Company's joint venture acreage resumed earlier this month following a scheduled shut-down for third party processing plant maintenance. Current production, net to Questerre, from this acreage is approximately 1,000 boe/d. This includes initial production from the three horizontals with lateral legs of approximately one and a half miles that were equipped and tied-in over the last month. These are the 09-20-63-5W6M well, the 02-18-63-5W6M well and the 08-20-63-5W6M well. Combined with light oil production primarily from Saskatchewan, total Company production is now about 1,500 boe/d. Questerre Energy Corporation
shares T.QEC are trading up $0.01 at $0.71.