Welcome To The Questerre Energy HUB On AGORACOM

(Edit this message through the "fast facts" section)

Free
Message: Questerre can have tremendous upside

- This shows the potential of Questerre resources, if they are proven, "said analyst Trond Omdal at Arctic Securities after its partner has sold a field portion for six billion. NOK.

Shale gas company Questerre rising 6.7 percent to 9.38 NOK on the Oslo Stock Exchange. The reason for the increase is that the Canadian partner Talisman has entered into an agreement to sell a 50 percent share of a field in British Columbia. The price is over one billion canadian dollars.

- This shows the potential of Questerre resources, if they are proven, "said analyst Trond Omdal at Arctic Securities said.

Questerre itself has no interest in the Talisman sells.

- If the pricing on the Montney field was transferred to Utica, it would imply a share price of 26 NOK for Questerre, says Omdahl.

Montney field is somewhat more mature than the Utica field, which Questerre sits on.

Also Agilis Securities reported on Monday that they have great trust in Questerre forward.

- Questerre is a speculative case and the stock has fallen much on the uncertainty associated with shale gas production in Canada. If you look solely at technical stock speeches mostly that the bottom is set and that it should be in for a good recoil here. There is positive divergence where the technical indicators have been higher bottoms, while the share has been lower bottoms over the last 3 months. Risk / reward should be attractive with a stop loss on this year's low around 7.70 NOK and a target of 14 NOK on 1-3 months ahead, writes Agilis.

------------------------------------------------------------

Noone else has postet this. Maybe they dont think the price target on 26 NOK is high enough :)

Share
New Message
Please login to post a reply