Questerre Energy Announces Test Results Of St. Edouard #1 Well In St. Lawrence Lowlands, Quebec

Published: 30-Aug-2009

Questerre Energy Corporation (Questerre Energy) has updated on the Utica test results from the St. Edouard #1 well in the St. Lawrence Lowlands, Quebec. The primary zone of interest within the middle Utica was fracture stimulated in late July 2009. Over a 10-day test, the well flowed at preliminary rates of 2.6 mmcf/d with an average rate of over 700 mcf/d on a one-inch choke. At present, the well is closed for buildup to gather additional pressure data.

Michael Binnion, president and chief executive officer of Questerre Energy, commented, "Another positive result from the middle Utica at St. Edouard #1 correlates with our results across the basin. We have now confirmed effective rock properties and encouraging stable gas rates for an area extending over 100 km from St. David #1 to St. Edouard #1."

Questerre Energy and Talisman Energy Canada, the operator, are currently reviewing potential locations for horizontal wells adjacent to the existing vertical test wells. The company expects the first horizontal well to be located at the St. Edouard #1 site with spud scheduled this fall.

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