Michael Binnion, president and chief executive officer of Questerre Energy, commented, “We are encouraged by the potential for a TBR success in this well. The naturally fractured and overpressured shale intervals in St. Edouard also look very promising based on logs and gas shows. Despite challenging drilling conditions, we were very pleased that the operator completed this well on schedule.”

Several prospective intervals in the Utica and Lorraine have also been identified and testing of these zones is likely to commence this summer contingent upon equipment availability.

St. Edouard #1 is the final well in the four-well earning program with the operator.