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Message: DnB Nor increases stock price estimate.
Further confirmation in my inbox today...
Further upside for QEC (BUY)
Inbound 15.09.2009 09:28

Of Norwegian registered companies, Questerre is among those who are most exposed to the North American natural gas markets. The share price has risen considerably in recent months, but we believe there should be further upside. The upcoming news around Talisman's wells is expected during Q4, These results will be important triggers for the stock and are supported by a positive development for natural gas prices in the heating season. DnB NOR Markets has a buy recommendation on Questerre with a target price of NOK 24 per share.

Read more in "The stock market today!".

Best regards

DnB NOR Markets
Stock Trading Online
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BTW, I was interviewed this morning by European Oil & Gas magazine (I know you're all avid readers LOL) and will feature in either the October or November edition. Nothing to do with QEC or gas prices i'm afraid, but fun nonetheless. :-)
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