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Questerre Energy Corporation (TSX QEC) added Mar 26, 2010 The Company is concentrated on establishing commerciality of its Utica shale gas discovery in the St. Lawrence Lowlands, Quebec. Questerre recently announced the results of its first horizontal well with rates averaging at 5.9mmcf/d. Questerre is well positioned financially with a strong balance sheet, no debt and existing cash flow. This will adequately fund the continued assessment of the Utica shale gas discovery in the St. Lawrence Lowlands, Quebec
Recent News: Questerre announces preliminary year-end results
Victor Rodberg....... Clarus Securities.......Feb 24, 2010 Target raised to $8.25 from $5.85C QEC Price day before: $5.05 Finish day of posting:$4.70Current:$2.98 **************** Ken Chernin ....... Jennings Capital......Feb 24, 2010 Maintained SPECULATIVE BUY Target raised to $6.30 from $4.50C QEC Price day before: $5.05 Finish day of posting:$4.70Current:$2.98 ------Feb 22, 2010------ Maintained SPECULATIVE BUY Target $4.50C (Target Hit Feb 23, 2010) QEC Price day before: $3.64 Finish day of posting:$3.70Current:$2.98 **************** Steven Buytels....... Dundee Securities.......Feb 23, 2010 Target raised to $8.00 from $4.50C QEC Price day before: $3.70 Finish day of posting:$5.05Current:$2.98 **************** Jonathan Fleming....... Cormark Securities.......Feb 23, 2010 Target raised to $9.00 from $5.00C QEC Price day before: $3.70 Finish day of posting:$5.05Current:$2.98 **************** Ken Lin....... Mackie Research Capital.......Feb 23, 2010 Maintained SPECULATIVE BUY Target raised to $6.00 from $4.50C QEC Price day before: $3.70 Finish day of posting:$5.05Current:$2.98 ****************
Questerre Energy Corporation Short Positions TSX Date Outstanding Price Range July 01 to 15, 2010 285,346 $3.22 to $2.79 June 16 to 30, 2010 453,311 $3.83 to $2.76 June 01 to 15, 2010 646,804 $3.84 to $2.85 May 16 to 31, 2010 547,981 $3.10 to $2.39 May 01 to 15, 2010 336,221 $3.45 to $2.50 Apr 16 to 30, 2010 306,968 $4.07 to $3.40 Apr 01 to 15, 2010 316,308 $4.34 to $3.95 Mar 16 to 31, 2010 226,941 $4.31 to $3.87 Mar 01 to 15, 2010 959,480 $4.68 to $4.15 Feb 16 to 28, 2010 455,692 $5.40 to $3.51 Feb 01 to 15, 2010 419,834 $3.57 to $2.96 Jan 16 to 31, 2010 103,100 $3.98 to $3.03
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