Questerre Energy Corporation

Questerre Energy Corporation

May 02, 2013 00:15 ET

Questerre Appoints Alain Sans Cartier to Board

CALGARY, ALBERTA--(Marketwired - May 2, 2013) -


Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) (OSLO:QEC) is pleased to announce that Alain Sans Cartier has joined the Board of Questerre.

Mr. Sans Cartier has over 20 years' experience in government affairs with a focus on communications and strategic planning. He is currently Communications Director for the Quebec Port Authority. From 2003 to 2009, he served as the Chief of Staff of the Office of Mario Dumont, the Leader of the Official Opposition in Quebec. He held executive positions at the Office of the Mayor of Montreal from 1994 to 1998. He also has several years of experience as a strategic communications consultant. Mr. Cartier is based in Quebec City, Quebec.

Peder Paus, Chairman of Questerre, commented, "We are very pleased to have Alain join our Board. His background in government relations and communications will be essential as we continue our work to secure a social license to develop our Utica shale gas discovery in Quebec."

Questerre also announced that Russ Hammond has notified the Company of his intention to retire from the Board. He will not stand for re-election at the Company's Annual General Meeting to be held on June 11, 2013 in Calgary. Mr. Hammond is one of the founding shareholders of the Company. The Board would like to thank him for his invaluable contribution over the last 12 years.

Questerre would also like to announce that it has appointed Rob Morrison as Chief Operating Officer. Mr. Morrison has over 26 years' progressive experience in the oil and gas industry with a focus on engineering and management. He has been Vice President, Operations for Western Canada for Questerre since December 2012. Prior thereto, he was Vice President Engineering and Operations for Reliable Energy, a junior exploration and production company active in developing the Bakken in Manitoba from 2009 to 2012. A native of Quebec, Mr. Morrison is bilingual and holds a Bachelor's degree in Engineering and is a registered professional engineer with APEGA.

Questerre Energy Corporation is leveraging its expertise gained through early exposure to shale and other non- conventional reservoirs. The Company has base production and reserves in the tight oil Bakken/Torquay of southeast Saskatchewan. It is bringing on production from its lands in the heart of the high-liquids Montney shale fairway. It is a leader on social license to operate issues for its Utica shale gas discovery in the St. Lawrence Lowlands, Quebec. In conjunction with a supermajor, it is at the leading edge of commercializing a proven process to unlock the massive resource potential of oil shale.

Questerre is a believer that the future success of the oil and gas industry depends on a balance of economics, environment and society. We are committed to being transparent and are respectful that the public must be part of making the important choices for our energy future.

This media release contains certain statements which constitute forward-looking statements or information ("forward- looking statements"), including the potential development of the Company's Utica shale discovery in Quebec. Although Questerre believes that the expectations reflected in our forward-looking statements are reasonable, our forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information available to Questerre. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. The risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in our Annual Information Form and other documents available at Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Questerre does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

This news release does not constitute an offer of securities for sale in the United States. These securities may not be offered or sold in the United States absent registration or an available exemption from registration under the United States Securities Act of 1933, as amended.

Contact Information

  • Questerre Energy Corporation
    Anela Dido
    Investor Relations
    (403) 777-1185
    (403) 777-1578 (FAX)