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Life. You know this anouncement came today:

10/03-2010 04:00:08: (QEC) Questerre closes 489 million NOK Norwegian placement

Calgary, Alberta -- Questerre Energy Corporation
("Questerre" or the "Company") (TSX,OSE:QEC) reported
today that it has closed the Norwegian tranche of its
previously announced equity offering.

The total offering consisted of two tranches of
19,972,000 and 10,028,000 common shares of the Company
to be completed in each of Norway and Canada respectively.

A total of 19,972,000 common shares were issued in
Norway at 24.50 NOK (C$4.30) per common share for
gross proceeds of 489 million NOK or C$85.88 million.
The placement was more than two times oversubscribed
and placed primarily with institutional and accredited
investors. Pareto Securities AS, DnB NOR Markets and
Arctic Securities ASA were appointed as the Company's
financial advisors for the Norwegian tranche of this
issue.

Subject to the filing and receipt of the final
prospectus by the securities regulators in Canada,
Questerre expects the Canadian tranche to close in
mid-March.

The Company plans to use the net proceeds from this
equity issue to fund the continued assessment of the
Utica shale gas discovery in the St. Lawrence
Lowlands, Quebec.

Questerre Energy Corporation is an independent energy
company focused on shale gas in North America. The
Company is concentrated on establishing commerciality
of its Utica shale gas discovery in the St. Lawrence
Lowlands, Quebec.

For further information, please contact:
Questerre Energy Corporation
Anela Dido, Investor Relations
(403) 777-1185 / (403) 777-1578 (FAX) /Email:
info@questerre.com
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God closing price in Canada and good volume. Very good being listed two places(the traders drive the sp down in Norway)
but there was some good buying: 1 379 654 traded and 56% buying.


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