Questerre Energy Corporation
TSX : QEC
OSLO STOCK EXCHANGE : QEC

Questerre Energy Corporation

October 29, 2007 00:15 ET

Questerre Energy Corporation: Talisman Commences Seismic Acquisition in the Lowlands

CALGARY, ALBERTA--(Marketwire - Oct. 29, 2007) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to report that field work is underway on the seismic acquisition program in the St. Lawrence Lowlands, Quebec.

With all regulatory and landowner approvals received, field surveys began in early October. Subject to surface access it is anticipated that the data acquisition will be completed by the end of November. The regional 2-D seismic program designed and operated by Talisman Energy Canada, Questerre's partner, will evaluate the regional prospectivity of a series of shallow and deep targets.

Questerre Energy Corporation is a Calgary-based independent resource company actively engaged in the exploration, development and acquisition of high-impact exploration and development oil and gas projects in Canada.

This news release contains forward-looking information. Implicit in this information are assumptions regarding commodity pricing, production, royalties and expenses, that, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. These forward-looking statements are based on certain assumptions that involve a number of risks and uncertainties and are not guarantees of future performance. Actual results could differ materially as a result of changes in the Company's plans, commodity prices, equipment availability, general economic, market, regulatory and business conditions as well as production, development and operating performance and other risks associated with oil and gas operations. There is no guarantee made by the Company that the actual results achieved will be the same as those forecasted herein.

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