Questerre Raises Post-Asset-Sale Production Estimate After Clarification

Questerre ( (TSE:QEC) ) has issued an announcement.

Questerre Energy Corporation has corrected its earlier disclosure on expected output following the sale of its Kakwa Central assets, explaining that the initially reported 4,500 boe per day figure was based on forecast sales volumes rather than actual production. The company now estimates first-quarter 2026 production at about 6,400 boe per day, versus 5,300 boe per day in sales, with the difference tied to unlifted volumes under long-term minimum sales contracts that are invoiced and recorded as deferred revenue.

After factoring in these minimum sales commitments, Questerre has revised its projected corporate production level following the Kakwa Central disposition to approximately 5,700 boe per day. The clarification is intended to provide more accurate visibility on the company’s post-transaction operating profile and underscores the role of long-term contracts and deferred revenue in shaping reported production and sales metrics for stakeholders.

More about Questerre

Questerre Energy Corporation is an energy technology and innovation company focused on the responsible development of oil and gas resources. It holds a significant natural gas discovery in the Quebec Utica shale, one of Eastern Canada’s major undeveloped gas resources, and promotes a balanced approach to energy that integrates economic, environmental and societal considerations.

Average Trading Volume: 85,168

Technical Sentiment Signal: Buy

Current Market Cap: C$128.6M

See more insights into QEC stock on TipRanks’ Stock Analysis page.