Questerre (TSE:QEC) has released an update.
Questerre Energy Corporation reported on its second quarter 2024 results, noting advancements in high-impact projects and growth in conventional assets, with three wells completed at Kakwa Central expected to boost production later in the year. The company also highlighted a carbon storage pilot in Quebec and the potential positive impact of Bill 69 on the province’s natural gas supply. Despite a decrease in production volumes and lower natural gas prices, the company achieved $4.5 million in adjusted funds flow from operations for the quarter.
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