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Questerre gets $32M quote for new stock


Published May 22, 2008
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Questerre Energy Corporation: A-2 Well on Production-Spotlight
map courtesy Questerre

Calgary-based Quebec producer Questerre looks set to raise at least $32 million in at least one of the two energy-focused burses where the company’s stock trades.

The Toronto- and Oslo-listed Questerre has priced shares at $4.70 for Canadian trading, with an option to offer a million more if subcription is heavy.

The company stock was used to pick up Terrenex Ltd. in April. The company held much Quebec shale gas acreage.

In May, Talisman and Questerre agreed to speed up shale gas development in the St. Lawrence Lowlands of Quebec.

Tags: Questerre Energy Corporation




   

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