09:52 AM EST - Questerre Energy Corporation : reported today on its preliminary financial and operating results for the year ended December 31, 2011. The Company reported cash flow from operations of $10.06 million as compared to $4.74 million for the prior year. An increased proportion of light oil from Antler and higher oil prices were largely responsible for the increase in cash flow over the prior year. Questerre's production averaged 646 boe/d (2010: 619 boe/d) with oil and liquids accounting for 76% (2010: 53%) of the product mix. As at December 31, 2011, the Company reported a working capital surplus of $104.48 million (2010: $136.08 million). Questerre Energy Corporation
shares T.QEC are trading even at $0.75.
