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The latest update is out from Questerre ( (TSE:QEC) ).
Questerre Energy Corporation reported significant growth in production, nearly doubling its output compared to the previous year, following the tie-in of Kakwa North wells. Despite higher production, the company faced a net loss due to increased expenses, while also appealing a legal decision related to Bill 21 in Quebec, impacting its operations and stakeholder interests.
More about Questerre
Questerre Energy Corporation is an energy technology and innovation company leveraging its expertise in low permeability reservoirs to acquire high-quality resources. The company focuses on transitioning its energy portfolio using clean technologies and innovations to responsibly produce and use energy, emphasizing a balance between economics, environment, and society.
Average Trading Volume: 40,868
Technical Sentiment Signal: Buy
Current Market Cap: C$162.8M
Learn more about QEC stock on TipRanks’ Stock Analysis page.