Calgary, Alberta -- Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) is pleased to report on the test results from its 16-07-62-5-W6M well (the "16-07 Well") in the Kakwa-Resthaven area of west central Alberta. The 16-07 Well was completed with a ten-stage slick water fracture stimulation in the approximately 1000m horizontal leg. Over the last 24 hour period of the cleanup and flow back, the well averaged 3.5 MMcf/d of natural gas with condensate rates of approximately 50 bbls/MMcf. The well was continuing to clean up completion fluids. Sour gas was measured at less than 0.003% during testing. The well was flowing up 4.5 inch casing with a flowing casing pressure of approximately 6500 kPa. Michael Binnion, President and Chief Executive Officer, commented, "We are very pleased with these results that have met and exceeded our expectations about total liquids. Our main concerns for this block were the presence of sour gas and condensate. The 16-07 Well has confirmed only trace sour gas, or essentially no sour gas, that we can handle at surface and condensate rates that are in line with the offsetting industry wells. Based on the gas analysis, we expect to recover approximately an additional 20 bbls/MMcf of natural gas liquids through processing at a third party shallow cut processing plant that would improve our economics." The 16-07 Well will be equipped and tied-in to a shallow cut third party processing plant shortly. The Company has licensed two additional wells on its Kakwa South acreage which include laterals of between 1200m and 2000m. The Company is currently contracting a triple rig and, subject to rig availability, expects to spud its next well in September. Questerre holds a 100% interest in the 16-07 Well and ten sections of land in this area. While the initial test rates from the 16-07 Well are encouraging, the Company notes that they are not indicative of the long-term performance or the ultimate recovery from this well. The Company also reported on the status of the three wells recently completed on its joint venture acreage, approximately six miles to the north of the 16-07 Well. The 02-18-63-5-W6M well, the 08-20-63-5-W56M well and the 09-20-63-W6M well (collectively the "New Wells") were each drilled with lateral legs of approximately 2000m and completed with slick water fracture stimulations. Flowback and cleanup took longer due to the higher volumes of completion fluids used for these wells. The New Wells were drilled and completed on time and budget. Mr. Binnion added, "Along with the operator, we too are very encouraged by the results from these wells. Condensate rates are consistent with our existing wells. The initial flowing pressures and gas rates are strong and, based on these results, we expect all our future wells will have laterals of 1.5 miles." The operator reported that it will release initial 30 day production volumes from the New Wells when available. The operator further reported that the New Wells are being equipped and tied-in and should be on production next month. Production from the New Wells and existing wells will be shut-in in the middle of September for approximately two weeks during a scheduled turnaround at the third party processing plant. As a result, the Company expects the New Wells to be consistently onstream in October.