Questerre Energy Corporation

Both Fortierville and Ste Gertrude are located in unstructured areas of the fairway.

Rates therefore are expected to be similar to Gentilly. Based on 250 mcf per frac and assuming all 8 fracs are effective , this would result in 2MMcf/d . I don't believe this would have a dramatic effect on the stock price as it would only fulfill expectations. I don't foresee any dramatic upside until ( if ) the Quebec government ok's the development .

I'm thinking another 3 or 4 years before we could hit $ 4.00 again. I sold half my position when it hit $4.00 originally. Obviously , in retrospect , I should have sold all but that's the nature of Investing ( speculation). So like most I am hanging on. What we need is another result like St Edouard which would result in dramatic movement.

Have a great day.