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Questerre Energy Corporation

Questerre Energy Corporation
Publicly traded corporation
Traded as QEC
:
Industry Petroleum industry
Founded 2000
Headquarters Calgary, Canada (Headquarters) Oslo, Norway (Office)
Area served
Worldwide
Key people
Products Shale gas exploration
Revenue C$10.4 million (2010)
Decrease (C$18.3 million) (2010)
Decrease (C$15.7 million) (2010)
Total assets C$269.0 million (end 2010)
Total equity C$248.9 million (end 2010)
Number of employees
20 (end 2010)
Website www.questerre.com

Questerre Energy Corporation is an international energy exploration company headquartered in Calgary, Canada, and listed on the and the . It holds the largest acreage position in the Utica Shale in the Saint Lawrence Lowlands. Questerre also have operations in Saskatchewan and in the Montney Formation in Alberta.

Questerre is involved in the oil shale operations through its equity investment in Red Leaf Resources, an owner of proprietary EcoShale In-Capsule Technology for shale oil extraction and leases in Utah and Wyoming.

The company was co-founded in 2000 by the Norwegian businessman Peder Paus and the Canadian businessman Michael Binnion. The largest shareholder for many years was Peder Paus, the company's Chairman until 2015. Binnion has served as CEO since the company's establishment and is now its largest shareholder.

The company is included on the OBX Index since December 2017. It was also included on the index between June 2010 and December 2011.


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