/THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR
DISTRIBUTION IN THE UNITED STATES OF
AMERICA TO UNITED
STATES NEWSWIRE SERVICES OR UNITED
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CALGARY, April 10, 2017 /CNW/ - Questerre Energy
Corporation ("Questerre") (TSX,OSE:QEC) is pleased to announce that
Hans Jacob Holden has joined the
Board of Questerre.
Mr. Holden has over twenty five years' experience in the
international oil and gas industry, with a focus on corporate
finance in the last sixteen years. He currently serves as a
director of Seatankers Group, a private investment company with a
broad portfolio within the energy and maritime sector. Mr. Holden
is based in Oslo, Norway.
Bjorn Inge Tonnessen, Chairman of
Questerre, commented, "We are very pleased to have Mr. Holden join
our Board. With extensive finance experience coupled with an
engineering background, he will play an import role as we move
forward with developing our assets at Kakwa and in the St. Lawrence
Lowlands."
From 2004 to 2016, Mr. Holden was employed by Pareto Securities
AS, a Norwegian-based brokerage firm and from 2000 to 2004 he was
employed by DnB Markets, the investment banking group of
Norway's largest bank. Prior
thereto, he was employed as section manager in the reservoir
department of Saga Petroleum ASA, a public Norwegian oil company.
Mr. Holden holds a Master of Science in Industrial Economics from
the Norwegian University of Science and Technology.
Questerre Energy Corporation is leveraging its expertise gained
through early exposure to shale and other non-conventional
reservoirs. The Company has base production and reserves in the
tight oil Bakken/Torquay of
southeast Saskatchewan. It is
bringing on production from its lands in the heart of the
high-liquids Montney shale
fairway. It is a leader on social license to operate issues for its
Utica shale gas discovery in the
St. Lawrence Lowlands, Quebec. It
is pursuing oil shale projects with the aim of commercially
developing these significant resources.
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 ("forward-looking
statements") including the development of the Company's assets at
Kakwa and in the St. Lawrence Lowlands. Although Questerre believes
that the expectations reflected in our forward-looking statements
are reasonable, our forward-looking statements have been based on
factors and assumptions concerning future events which may prove to
be inaccurate. Those factors and assumptions are based upon
currently available information available to Questerre. Such
statements are subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those
stated, anticipated or implied in the forward-looking
statements. As such, readers are cautioned not to place undue
reliance on the forward looking information, as no assurance can be
provided as to future results, levels of activity or
achievements. The risks, uncertainties, material assumptions
and other factors that could affect actual results are discussed in
our Annual Information Form and other documents available at
www.sedar.com. Furthermore, the forward-looking statements
contained in this document are made as of the date of this document
and, except as required by applicable law, Questerre does not
undertake any obligation to publicly update or to revise any of the
included forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking
statements contained in this document are expressly qualified by
this cautionary statement.
SOURCE Questerre Energy Corporation