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Message: Questerre participates in liquids-rich Montney well

"The most recent offset wells, located approximately twelve miles away tested at average rates of 10 MMcf/d to 15 MMcf/d of natural gas and 300 bbl/d to 600 bbl/d of natural gas liquids or between approximately 2,000 boe/d to 3,100 boe/d per well."

Man if we could hit numbers like that, it would be ridiculous. Their recent numbers came out and QEC is doing a solid job with bringing in revenue by switching to oil. Frankly even if Quebec was a go right at this point, I don't think it would make sense to go in a get it with gas trading at $2.30 or whatever it is at. I think come late 2013, and 2014 where things will really ramp up, gas prices will be much better and a much better advantage for us. Frankly I can't believe it's been almost 1 year since the BAPE report so time rushes by and those good days will be here soon.

Enjoy the weekend guys!

Rocco

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