Questerre Energy Corporation
TSX : QEC
OSLO STOCK EXCHANGE : QEC

Questerre Energy Corporation

October 14, 2010 08:00 ET

Questerre Publishes Utica Shale Water Use Fact Sheet

CALGARY, ALBERTA--(Marketwire - Oct. 14, 2010) -

NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) (OSE:QEC) released today a fact sheet detailing the estimated water usage and fresh water protection techniques for the development of the Utica shale in Quebec.

"Quebecers have expressed their concern how shale gas development will affect this valuable resource," said Michael Binnion, President and Chief Executive Officer of Questerre. We believe this fact sheet will demystify some of the issues around water usage. It explains how we will prudently use water and how we will protect the fresh water sources."

The fact sheet entitled, "Water Use in Utica Shale Gas Development", includes a comparison of the expected water usage by the industry in Quebec to other users as well as how the water is sourced, analysis of the water from fracturing operations and the measures taken to protect fresh water aquifers.

"There seems to be a misconception about the amount of water used to drill and hydraulically fracture a shale gas well. The shale gas industry is actually a light industrial user of water," said Mr. Binnion. "In full development, the industry is estimated to use less water a year than car washes in the province and about one half of one percent of the water used by the pulp and paper industry in Quebec."

"The water used for shale gas development is very efficient and we are continuing to improve this efficiency. Our plan is to recycle and reuse as much as 100% of the water recovered from the hydraulic fracturing operations, which is approximately 30-50% of the total water used."

"The amount of water used to create energy with natural gas is actually very effective," added Mr. Binnion. "If we were to put this usage into context, it would take less than one litre of water per day to heat a home with natural gas from the Utica shale. By comparison the average Quebecer uses almost 400 litres of water a day."

As part of its ongoing commitment to transparency, Questerre was the first company in Quebec to disclose publicly the additives it uses in its hydraulic fracturing operations. That list and this water use information fact sheet are both available on the Company's website at www.questerre.com.

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.

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