Questerre comments on LNG Export from Quebec to Europe
https://finance.yahoo.com/news/questerre-comments-lng-export-potential-041500264.html
CALGARY, Alberta, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (âQuesterreâ or the âCompanyâ) (TSX,OSE:QEC) reported today on recent comments by the Prime Minister of Canada on the potential for LNG exports from Eastern Canada to Europe. The comments were made during the visit to Canada by the Chancellor of Germany from August 21 to August 23, 2022.
Michael Binnion, President, and Chief Executive Officer, commented, âWe were pleased to hear the Prime Minister express his unwavering commitment to improving Europeâs energy security. The current energy crisis in Germany and Europe is expected to worsen this winter and it was encouraging to hear how Canada wants to help. Just as Norway is increasing its natural gas production to support Europe, Canada can too. We are a trusted partner and among the best in the world at producing reliable energy to the highest standards in a lower emissions world.â
He added, âThe Prime Minister also noted the business case for LNG exports from Canadaâs East Coast may be hindered by distance from gas fields in Western Canada. Questerreâs project in Quebec addresses this concern. Our proven discovery is less than ten kilometres from an LNG export project with permits at Becancour and tidewater access to Europe. As the producer of the natural gas, we can deliver to the export facility directly, eliminating the risks of securing sufficient and reliable supply to meet long-term supply contracts. The business case is established for our Company which previously made a final investment decision supported by independent reports to proceed with the production of natural gas.â
Geographically, Quebec is ideally located to supply LNG to Germany. The port of Quebec is half the distance to the port of Hamburg in Germany compared to the LNG export terminal in Qatar and over 500 miles closer than the Cove Point LNG facility in Maryland on the US East Coast.
He further added, âOver the longer term we share the Canadian Governmentâs view that hydrogen can be a big opportunity. With near zero-emissions Clean Gas, we can also contribute to the shared goals of Canada and Germany in the fight against climate change. By eliminating the emissions from production and utilizing new carbon technology, we can use this Clean Gas to produce zero-emissions hydrogen as well as ammonia for export. This is consistent with new Hydrogen Pact signed by G7 countries earlier this year including Canada and Germany.â
Questerre is seeking to have Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities, that unilaterally terminates its license agreements in Quebec judged illegal and unconstitutional. The Company is objecting to the revocation of its license agreements and is seeking just compensation for the value of its license agreements including its significant discovery.
Questerre is an energy technology and innovation company. It is leveraging its expertise gained through early exposure to low permeability reservoirs to acquire significant high-quality resources. We believe we can successfully transition our energy portfolio. With new clean technologies and innovation to responsibly produce and use energy, we can sustain both human progress and our natural environment.
Questerre is a believer that the future success of the oil and gas industry depends on a balance of economics, environment, and society. We are committed to being transparent and are respectful that the public must be part of making the important choices for our energy future.
Advisory Regarding Forward-Looking Statements
This news release contains certain statements which constitute forward-looking statements or information (âforward-looking statementsâ) including the Companyâs views on its project to provide LNG to Europe, its plans to have Bill 21 judged illegal and unconstitutional, its plans to object to the revocation of its license agreements and seek just compensation for the value of these agreements.
Forward-looking statements are based on several material factors, expectations, or assumptions of Questerre which have been used to develop such statements and information, but which may prove to be incorrect. Although Questerre believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Questerre can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Further, events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including, without limitation: the implementation of Bill 21 by the Government of Quebec and certain other risks detailed from time-to-time in Questerre's public disclosure documents. Additional information regarding some of these risks, expectations or assumptions and other factors may be found under in the Company's Annual Information Form for the year ended December 31, 2021, and other documents available on the Companyâs profile at www.sedar.com. The reader is cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and Questerre undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
CALGARY, Alberta, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (âQuesterreâ or the âCompanyâ) (TSX,OSE:QEC) reported today on recent comments by the Prime Minister of Canada on the potential for LNG exports from Eastern Canada to Europe. The comments were made during the visit to Canada by the Chancellor of Germany from August 21 to August 23, 2022.
Michael Binnion, President, and Chief Executive Officer, commented, âWe were pleased to hear the Prime Minister express his unwavering commitment to improving Europeâs energy security. The current energy crisis in Germany and Europe is expected to worsen this winter and it was encouraging to hear how Canada wants to help. Just as Norway is increasing its natural gas production to support Europe, Canada can too. We are a trusted partner and among the best in the world at producing reliable energy to the highest standards in a lower emissions world.â
He added, âThe Prime Minister also noted the business case for LNG exports from Canadaâs East Coast may be hindered by distance from gas fields in Western Canada. Questerreâs project in Quebec addresses this concern. Our proven discovery is less than ten kilometres from an LNG export project with permits at Becancour and tidewater access to Europe. As the producer of the natural gas, we can deliver to the export facility directly, eliminating the risks of securing sufficient and reliable supply to meet long-term supply contracts. The business case is established for our Company which previously made a final investment decision supported by independent reports to proceed with the production of natural gas.â
Geographically, Quebec is ideally located to supply LNG to Germany. The port of Quebec is half the distance to the port of Hamburg in Germany compared to the LNG export terminal in Qatar and over 500 miles closer than the Cove Point LNG facility in Maryland on the US East Coast.
He further added, âOver the longer term we share the Canadian Governmentâs view that hydrogen can be a big opportunity. With near zero-emissions Clean Gas, we can also contribute to the shared goals of Canada and Germany in the fight against climate change. By eliminating the emissions from production and utilizing new carbon technology, we can use this Clean Gas to produce zero-emissions hydrogen as well as ammonia for export. This is consistent with new Hydrogen Pact signed by G7 countries earlier this year including Canada and Germany.â
Questerre is seeking to have Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities, that unilaterally terminates its license agreements in Quebec judged illegal and unconstitutional. The Company is objecting to the revocation of its license agreements and is seeking just compensation for the value of its license agreements including its significant discovery.
Questerre is an energy technology and innovation company. It is leveraging its expertise gained through early exposure to low permeability reservoirs to acquire significant high-quality resources. We believe we can successfully transition our energy portfolio. With new clean technologies and innovation to responsibly produce and use energy, we can sustain both human progress and our natural environment.
Questerre is a believer that the future success of the oil and gas industry depends on a balance of economics, environment, and society. We are committed to being transparent and are respectful that the public must be part of making the important choices for our energy future.
Advisory Regarding Forward-Looking Statements
This news release contains certain statements which constitute forward-looking statements or information (âforward-looking statementsâ) including the Companyâs views on its project to provide LNG to Europe, its plans to have Bill 21 judged illegal and unconstitutional, its plans to object to the revocation of its license agreements and seek just compensation for the value of these agreements.
Forward-looking statements are based on several material factors, expectations, or assumptions of Questerre which have been used to develop such statements and information, but which may prove to be incorrect. Although Questerre believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Questerre can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Further, events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including, without limitation: the implementation of Bill 21 by the Government of Quebec and certain other risks detailed from time-to-time in Questerre's public disclosure documents. Additional information regarding some of these risks, expectations or assumptions and other factors may be found under in the Company's Annual Information Form for the year ended December 31, 2021, and other documents available on the Companyâs profile at www.sedar.com. The reader is cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and Questerre undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Korreksjonen fortsetter, nÄ er det frykten som rÄder
2,15 -8%
2,15 -8%
googleearth11
06.09.2022 kl 11:16
4440
ForstÄr du ikke at det er tradere som sender kursen ned? ER du nybegynner i aksjer?
sigj2
06.09.2022 kl 11:41
4357
Har de knekt et borr eller to??
Haha
Her skal ikke en halv aksje gis bort.....det kan du banne pÄ!!!
Haha
Her skal ikke en halv aksje gis bort.....det kan du banne pÄ!!!
tuja
06.09.2022 kl 11:53
4302
Fantastisk Ä fÄ muligheten til Ä laste flere QEC ned mot stÞtteomrÄdet pÄ 2,10. I lÞpet av mid september skal Ursula von der Leyen til Canada, og forhÄpentlig fÄ til en avtale innen energi/naturgass mellom Europa og Canada.
Trading. Kun trading. Last opp mer og bli med pÄ eventyret !
Slik det dumpes idag skal vi ikke se bort fra at 2 skal testes..
tuja
06.09.2022 kl 12:28
4091
SEB med nytt kursmÄl pÄ QEC, der det Þkeas fra 2 til 2,4kr. Blir det turnaround i Quebec, kan kursmÄlet lett 10-dobles.
tuja
06.09.2022 kl 12:40
4059
Presset pÄ Canada vil bare eskalere, og gassprisene vil i tillegg Þke betraktelig gjennom vinteren:
12:38:18
Sunniva Steen TellesbĂž
Den tyske gassgiganten Uniper sier det verste fortsatt er i vente etter at Russland stanser gassleveransen til Europa
Bekymringer over russisk gassforsyning til Europa gjennom hĂžsten og vinteren fortsetter Ă„ presse prisene opp.
â Det verste er fortsatt i vente, sa Unipers konserrnsjef Klaus-Dieter Maubach sa tirsdag til CNBC pĂ„ gasskonferansen Gastech i Milano, Italia.
â Det vi ser pĂ„ grossistmarkedet er 20 ganger prisen vi sĂ„ for to Ă„r siden. Derfor tror jeg vi mĂ„ ha en Ă„pen diskusjon med alle som har ansvar for hvordan vi skal fikse det, fortsatte han.
Russlands statseide energigigant Gazprom stoppet fredag ââ gasstrĂžmmen til Europa via en stĂžrre rĂžrledning, pĂ„ ubestemt tid. Dette vekket frykt for at deler av Europa kan bli tvunget til Ă„ rasjonere energi gjennom vinteren.
Uniper, som er Tysklands stÞrste importÞr av gass, har blitt hardt rammet av kraftig reduserte gasstrÞmmer, noe som har fÄtt prisene til Ä skyte i vÊret.
12:38:18
Sunniva Steen TellesbĂž
Den tyske gassgiganten Uniper sier det verste fortsatt er i vente etter at Russland stanser gassleveransen til Europa
Bekymringer over russisk gassforsyning til Europa gjennom hĂžsten og vinteren fortsetter Ă„ presse prisene opp.
â Det verste er fortsatt i vente, sa Unipers konserrnsjef Klaus-Dieter Maubach sa tirsdag til CNBC pĂ„ gasskonferansen Gastech i Milano, Italia.
â Det vi ser pĂ„ grossistmarkedet er 20 ganger prisen vi sĂ„ for to Ă„r siden. Derfor tror jeg vi mĂ„ ha en Ă„pen diskusjon med alle som har ansvar for hvordan vi skal fikse det, fortsatte han.
Russlands statseide energigigant Gazprom stoppet fredag ââ gasstrĂžmmen til Europa via en stĂžrre rĂžrledning, pĂ„ ubestemt tid. Dette vekket frykt for at deler av Europa kan bli tvunget til Ă„ rasjonere energi gjennom vinteren.
Uniper, som er Tysklands stÞrste importÞr av gass, har blitt hardt rammet av kraftig reduserte gasstrÞmmer, noe som har fÄtt prisene til Ä skyte i vÊret.
PĂ„ sporet
06.09.2022 kl 14:00
3843
Ja, er vel i dag det skal kjĂžpes aksjer. Mindre nedside og spenningen stiger utover i september. Jeg har handlet litt mer i dag
JanH
06.09.2022 kl 15:54
3612
Jeg tror det var smart Ă„ kjĂžpe i dag. NĂ„ Ă„pner den pĂ„ 2,21 i Canada. Det gir litt pekepinn pĂ„ utviklingen der borte i dag. Den kan sogar stige til 0.30 eller 0,31,âŠdet betyr 2.38.
JanH
06.09.2022 kl 16:02
3598
PÄ sliten av dagen her hjemme ligger den nÄ pÄ 2,29. En meget positiv melding der borte, og vi gÄr rett til 3 kr
..en negativ melding sender oss rett ned til 1,50
Det ble en crappy day
2,11
-9,6%
2,11
-9,6%
Peter Sellers
06.09.2022 kl 16:39
3503
@OPC1000 og Trump Gold, ja gutta det er lov Ä trade, dere er ikke vanskelige Ä lese :))) bare hyggelig for dere om dere fÄr billig inngang igjen sÄ nÄr aksjen gÄr nordover igjen ja da er dere positive, tvi tvi ha en fin kveld :))
OPC1000
06.09.2022 kl 16:40
3507
Slettet brukerskrev Op med humĂžret, OPC1000 đ
Hva var det som gledet deg mest i dag, Elly ?
Peter Sellers
06.09.2022 kl 16:42
3510
@JanH, glem Toronto bÞrsen den har ingen innflytelse for Qec pÄ OB, da mÄ det helt andre volumer og oppgang til enn det som handles der daglig!
Jeg er lett Ă„ lese og har solgt og avventer ny inngang.
IfÞlge din tolkning mÄ dette ha vÊrt en aldeles superb dag for meg? Enig?
IfÞlge din tolkning mÄ dette ha vÊrt en aldeles superb dag for meg? Enig?
OPC1000
06.09.2022 kl 18:35
3351
Jeg har ikke skrevet et negativt ord om QEC - men er kritisk til mange innlegg som mangler substans.
F. eks. minsin 1/9;
"volumet er veldig bra - vi fÄr tÞmt ut selgerne pÄ dette nivÄet - da er det sterkt at aksjen stiger nÄr 5 prosent.
Interessen er Þkende for aksjen, og vi ser allerede stÞrre aktÞrer som kommer pÄ banen nÄ "
F. eks. minsin 1/9;
"volumet er veldig bra - vi fÄr tÞmt ut selgerne pÄ dette nivÄet - da er det sterkt at aksjen stiger nÄr 5 prosent.
Interessen er Þkende for aksjen, og vi ser allerede stÞrre aktÞrer som kommer pÄ banen nÄ "
Redigert 06.09.2022 kl 18:35
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OPC1000
06.09.2022 kl 21:04
3121
Fjellbris skrevInnlegget er slettet
Ja, f. eks. min pÄstand om at TA ikke er relevant i den fasen QEC er i.
Redigert 06.09.2022 kl 21:05
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OPC1000
06.09.2022 kl 21:39
3088
Fjellbris skrevInnlegget er slettet
Jeg mener ogsÄ det er meget relevant at jeg deler med deg, min lange erfaring med kvartalsrapporter, og forklarer deg at en aksje ikke gÄr til himmels, men tvert om, nÄr det presenteres tall som er kjent i forkant.
Redigert 06.09.2022 kl 21:41
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OPC1000
06.09.2022 kl 21:40
3116
Det er ikke bare "hvad jeg mener" men fakta hvis du ser pÄ kursutviklingen i forhold de tekniske analyser som har fremkommet siste Ärene i QEC.
Fjellbris
06.09.2022 kl 21:48
3127
FÞr Q2 presentasjon lÄ QEC +/- 1,70, etter Q2 pres har den vÊrt oppe i 2,52.
«Deler med deg min lange erfaring med Q2 presentasjoner», den var god!đ
«Deler med deg min lange erfaring med Q2 presentasjoner», den var god!đ
Redigert 06.09.2022 kl 21:56
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Tolker jeg det rett at du mener q2 presentasjonen trigget lĂžftet mot 2,50?
Fjellbris
06.09.2022 kl 22:25
3376
TrumpGold:
Ja, ikke umiddelbart, men her klart nÄr markedet fikk summet seg og fikk fordÞyd at Q2 var tidenes bedte resultat (som forventet), man ser nÄ at QEC med Ärets produksjon og energipriser kan levere ENITDA +/- 300 mill., tilnÊrmet gjeldsfritt, sÄ har Q2 helt klart fÞrt til at QEC har lÞftet seg godt opp pÄ 2 tallet. Fortsatt forÞvrig altfor lav kurs ex Québec som gir erstatning eller oppheving forbudet og som prises til kr 0 i balansen.
Ja, ikke umiddelbart, men her klart nÄr markedet fikk summet seg og fikk fordÞyd at Q2 var tidenes bedte resultat (som forventet), man ser nÄ at QEC med Ärets produksjon og energipriser kan levere ENITDA +/- 300 mill., tilnÊrmet gjeldsfritt, sÄ har Q2 helt klart fÞrt til at QEC har lÞftet seg godt opp pÄ 2 tallet. Fortsatt forÞvrig altfor lav kurs ex Québec som gir erstatning eller oppheving forbudet og som prises til kr 0 i balansen.
Redigert 06.09.2022 kl 22:30
Du mÄ logge inn for Ä svare
Det var definitivt ikke Q2 som lĂžftet Qec fra 1,70 til 2,50, Q2 ble labert mottatt.
LÞftet startet 23 august nÄr det dukket opp rykter og spekulasjoner om utsettelse av Bill21. Deretter er det Quebec som har kjÞrt kursen.
LÞftet startet 23 august nÄr det dukket opp rykter og spekulasjoner om utsettelse av Bill21. Deretter er det Quebec som har kjÞrt kursen.
Hvis nu TrumpGold skulle have ret, sĂ„ bliver det for alvor spĂŠndende, nĂ„r marked finder ud af, at det gode resultat fra Q2 ikke er indregnet og at Q3 og Q4 bliver endnu bedre đđ
Jeg glĂŠder mig allerede đ
Jeg glĂŠder mig allerede đ
OPC1000
06.09.2022 kl 22:45
3317
Du har selv skrevet at du forventet at kursen ville passere 2 ved fremleggelsen av Q2;
NĂ„ forsĂžker du Ă„ lure deg unna ved at skrive at det fĂžrst skulle skje etter at markedet fikk "summet seg".
Men som de andre ogsÄ skriver - det var helt andre Ärsaker til at aksjekursen lÞftet seg.
Fjellbris
09.08.2022 kl 16:33
2208
OPC1000/Mr Axel - helt riktig, Q2 er allerede i morgen onsdag 10 og ikke pĂ„ fredag som jeg trodde (litt sommermodus her).đ
Uansett - tror fortsatt pĂ„ kr 2,- innen fredag da, kommer nok allerede i morgen da!đ
NĂ„ forsĂžker du Ă„ lure deg unna ved at skrive at det fĂžrst skulle skje etter at markedet fikk "summet seg".
Men som de andre ogsÄ skriver - det var helt andre Ärsaker til at aksjekursen lÞftet seg.
Fjellbris
09.08.2022 kl 16:33
2208
OPC1000/Mr Axel - helt riktig, Q2 er allerede i morgen onsdag 10 og ikke pĂ„ fredag som jeg trodde (litt sommermodus her).đ
Uansett - tror fortsatt pĂ„ kr 2,- innen fredag da, kommer nok allerede i morgen da!đ
MC Axel
06.09.2022 kl 22:50
3308
Natural Gas Prices in Europe Are a Bigger Problem Than You Might Think
By Travis Hoium - Sep 6, 2022 at 4:00PM
https://www.fool.com/investing/2022/09/06/natural-gas-prices-in-europe-are-a-bigger-problem/
SpareBank 1 Markets-analytiker
Sveen Nilsens favoritter har holdanbefaling bÄde pÄ DNO, Noreco, Okea, Petronor og Questerre.
https://www.finansavisen.no/nyheter/finans/2022/09/06/7925320/har-valgt-aksjer-a-kjope-og-ikke-a-kjope-i-olje-og-offshore
Fjellbris
06.09.2022 kl 22:54
3302
Bedre sent enn aldri, kr 2 kom den selv om det tok noen uker ekstra tid ifht det jeg troddeđ
Kr 3 og 4 ++ kommer ogsĂ„, always look at the bright side of lifeđ
Kr 3 og 4 ++ kommer ogsĂ„, always look at the bright side of lifeđ
Redigert 06.09.2022 kl 22:59
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