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Questerre Energy Corporation

09:47 AM EST - Questerre Energy Corporation : reported today on its preliminary financial and operating results for 2010. For the year ended December 31, 2010, the Company reported cash flow from operations of $4.74 million as compared to $2.88 million for the prior year. Higher oil prices and an increased proportion of light oil from Antler offset the decline in production volumes. Questerre's production averaged 619 boe/d (2009: 810 boe/d) with oil and liquids accounting for 53% of volumes (2009: 47%). As at December 31, 2010, the Company reported a net working capital surplus of $136.08 million (2009: $46.50 million). Questerre Energy Corporation

T.QEC
shares T.QEC are trading down $0.03 at $1.55.