09:54 AM EST - Questerre Energy Corporation : reported that drilling has commenced on its first operated horizontal well in the Kakwa-Resthaven area of west central Alberta. Upon completion of this well, Questerre will earn an 80% interest in 6 sections of land. The six (4.8 net) sections are six miles south of the 16.75 section block where Questerre holds a 25% interest and recently reported its second well tested at gross rates of 1800 boe/d consisting of 974 bbl/d and 4.97 MMcf/d over the last 24 hours of a 96-hour test. This represents over 200 barrels of field condensate per million cubic feet of natural gas. The land benefits from an existing tie-in to a third-party processing plant. Questerre Energy Corporation
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