Questerre appoints Earl Hickok to Board and reports voting results of election of directors
(Oslo Bors Newsfeed Via Acquire Media NewsEdge)
Calgary, Alberta -- Questerre Energy Corporation
("Questerre" or the "Company") (TSX,OSE:QEC) announced
that, at its annual and special meeting of
shareholders held on June 11, 2014 (the "Meeting"),
Earl Hickok joined the Board of Questerre.
Peder Paus, Chairman of Questerre, commented, "We are
very pleased to have Earl join our Board. His
extensive engineering background will be important as
we accelerate the development of our Montney acreage
in the Kakwa-Resthaven area of Alberta."
Mr. Hickok is a professional engineer with over thirty
years of experience in the upstream oil and gas
industry, including operations, engineering and
management. He is currently President and Chief
Executive Officer of TSO Energy Corp., a private
exploration and production company. Prior thereto, he
was President, Chief Operating Officer and a Director
of TUSK Energy Corp. Mr. Hickok holds a Bachelor of
Engineering degree from Lakehead University in Ontario
and is a registered professional engineer with APEGA.
Questerre also announced that Les Beddoes has retired
from the Board. Mr. Beddoes is one of the founding
shareholders of the Company. The Board would like to
thank him for his invaluable contribution over the
last 14 years.
The Company also reported that at the Meeting, each of
the six nominees proposed as directors and listed in
its management information circular dated May 14, 2014
(the "Circular") were elected as directors. The
detailed results of the vote are set out below.
Alain Sans Cartier
The Company further reported that at the Meeting,
shareholders of the Company also confirmed an
amendment to the Company's by-laws relating to advance
notice for nomination of directors as set forth in the
Circular. A copy of the Circular has been filed on
SEDAR at www.sedar.com.
Questerre 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. In conjunction with a
supermajor, it is at the leading edge of
commercializing a proven process to unlock the massive
resource potential of oil shale.
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.
For further information, please contact:
Questerre Energy Corporation
Anela Dido, Investor Relations
(403) 777-1185 | (403) 777-1578 (FAX) |Email:
This media release contains certain statements which
constitute forward-looking statements or information
("forward-looking statements"), including accelerating
the development of its Montney acreage in the
Kakwa-Resthaven area of Alberta, leveraging the
Company's expertise gained through early exposure to
shale and other non-conventional reservoirs, bringing
on production in the heart of the high-liquids Montney
shale fairway and the commercialization of oil shale.
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
information. 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.
This news release is not an offer of securities for
sale in the United States. Securities may not be
offered or sold in the United States or to or for the
account or benefit of US persons (as such terms are
defined in Regulation S under the United States
Securities Act of 1933, as amended (the "U.S.
Securities Act")), absent registration or an exemption
from registration. The securities offered have not
been and will not be registered under the U.S.
Securities Act or any state securities laws and,
therefore, may not be offered for sale in the United
States, except in transactions exempt from
registration under the U.S. Securities Act and
applicable state securities laws. This news release
shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any
sale of the securities in any State in which such
offer, solicitation or sale would be unlawful.
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