Questerre Energy Corporation

Questerre Energy Corporation

June 27, 2005 02:30 ET

Questerre Makes Gas Discovery in Central Alberta

CALGARY, ALBERTA--(CCNMatthews - June 27, 2005) - Questerre Energy Corporation (TSX:QEC) ("Questerre" or the "Company") announced that it has completed drilling of its first operated well in Central Alberta. Based on an evaluation of drilling logs, the Company plans to case the well for gas production. Questerre has a 100% interest in this well.

The Company expects the well will be tested and tied-in later this summer. The well was drilled on recently acquired acreage prospective for natural gas in multiple horizons. Questerre holds 9,600 acres (3,712 net acres) in this area and plans to pursue follow-up locations identified on this acreage this summer.

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.

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