Questerre Energy Corporation

Questerre Energy Corporation

September 14, 2005 00:05 ET

Questerre Announces Successful Vulcan Well

CALGARY, ALBERTA--(CCNMatthews - Sept. 14, 2005) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) is pleased to report on its drilling program in the Vulcan area of Southern Alberta.

The first well of a three-well program was successfully drilled to target depth in early September. The well was cased for production. Subject to final well analysis, the well will be completed and tied-in to the gathering system. Drilling has commenced on the second well last week. Questerre and its partner plan to drill at least one additional well in this area prior to year-end.

This three-well program will target the new Mannville pool discovery made earlier this summer. A total of eight potential locations have initially been identified on joint lands. Based on the results from this initial program, Questerre and its partner propose to pursue these five additional locations in 2006.

Questerre Energy Corporation is a Calgary-based independent resource company actively engaged in the exploration for and development, production and acquisition of large-scale exploration and development 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, 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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