QEC - total claim between $3 billion to $5 billion
Judging by this, the total claim from the oil and gas industry in Quebec will be between 3 - 5 billion dollars and Questerre Energy is probably the largest compensation recipients (the $3 billion to $5 billion floated by the province’s energy association).
I expect that a settlement will give Questerre Energy billions of NOK in the coffers
Utica Resources believes this is not enough and wants higher compensation from the government
Article from 2021
Quebec killed Utica Resource's business plan — now the company wants billions of dollars in compensation
Martin Patriquin: Burning fossil fuels has a cost. Keeping them in the ground also has a price
Author of the article:
"The Logic
Martin Patriquin
Publishing date:
Nov 29, 2021"
"So Lévesque wants compensation for Utica and the other nine licence-holding companies in the province. The starting bid: “significantly more” than the $3 billion to $5 billion floated by the province’s energy association, Lévesque told me the other day."
https://financialpost.com/commodities/energy/oil-gas/quebec-ink-burning-fossil-fuels-has-a-cost-keeping-them-in-the-ground-also-has-a-price
More than half Quebecers in favour of developing its oil resources
Arthur C. Green Nov 23, 2022
CEO of Utica Resources Mario Levesque said, "These numbers show what people are telling me all day long."
https://www.westernstandard.news/news/more-than-half-quebecers-in-favour-of-developing-its-oil-resources/article_3367c3c6-6b6c-11ed-93ae-fb918bf3674d.html
I expect that a settlement will give Questerre Energy billions of NOK in the coffers
Utica Resources believes this is not enough and wants higher compensation from the government
Article from 2021
Quebec killed Utica Resource's business plan — now the company wants billions of dollars in compensation
Martin Patriquin: Burning fossil fuels has a cost. Keeping them in the ground also has a price
Author of the article:
"The Logic
Martin Patriquin
Publishing date:
Nov 29, 2021"
"So Lévesque wants compensation for Utica and the other nine licence-holding companies in the province. The starting bid: “significantly more” than the $3 billion to $5 billion floated by the province’s energy association, Lévesque told me the other day."
https://financialpost.com/commodities/energy/oil-gas/quebec-ink-burning-fossil-fuels-has-a-cost-keeping-them-in-the-ground-also-has-a-price
More than half Quebecers in favour of developing its oil resources
Arthur C. Green Nov 23, 2022
CEO of Utica Resources Mario Levesque said, "These numbers show what people are telling me all day long."
https://www.westernstandard.news/news/more-than-half-quebecers-in-favour-of-developing-its-oil-resources/article_3367c3c6-6b6c-11ed-93ae-fb918bf3674d.html
Redigert 29.11.2022 kl 12:30
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Måske skal vi have et QEC-julerally :-)............2,10 NOK skal testes snart som nævnt i anden tråd.
minsin
05.12.2022 kl 10:14
10240
Hmm Er selv 100 pst sikker at Bill21 blir endret , LNG vil eksporteres via øst kysten - Quebec vil " frita " LNG bra bill21
Virker som om Legualt er på gli her.. og innser Quebecs fremtidige energi utfordringer... i såfall kan det skje noe positivt mht lowlands
Har tidligere nevnt at det er stor sannsynlighet at QEC blir årets jule- og nyttårs rakett :-)
Virker som om Legualt er på gli her.. og innser Quebecs fremtidige energi utfordringer... i såfall kan det skje noe positivt mht lowlands
Har tidligere nevnt at det er stor sannsynlighet at QEC blir årets jule- og nyttårs rakett :-)
Redigert 05.12.2022 kl 10:15
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minsin
05.12.2022 kl 10:23
10422
Hmm denne artikkelen er svært så interessant, kan være verd å følge den opp :-)
https://canadatoday.news/ca/trafigura-nears-german-backed-multi-billion-dollar-loan-for-lng-174737/
https://canadatoday.news/ca/trafigura-nears-german-backed-multi-billion-dollar-loan-for-lng-174737/
minsin
05.12.2022 kl 10:45
10316
Fallet i EUs LNG lagrer tiltar , nå faller lagrene med over 1 pst /dgn
https://viborc.com/europe-gas-storage-reserves-capacities-by-country-daily/
Stopper Russland siste rest av gass eksporten via ukraina , kan dette bli stygt de kommende 3-4 mnd
https://viborc.com/europe-gas-storage-reserves-capacities-by-country-daily/
Stopper Russland siste rest av gass eksporten via ukraina , kan dette bli stygt de kommende 3-4 mnd
Tok litt gevinst idag ... det er ikke forbudt.
QEC er ett intressant selskap så jeg kjøper meg inn senere ...
QEC er ett intressant selskap så jeg kjøper meg inn senere ...
Redigert 05.12.2022 kl 12:32
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MC Axel
06.12.2022 kl 12:35
9648
In my world, there is no doubt that something is going on behind the curtains. QEC share trading volume has exploded in the past few days!
We may get a stock market announcement soon!
We may get a stock market announcement soon!
Oasen
06.12.2022 kl 12:49
9665
Eh ...javel...? Bare synd hvis kursen går i taket....men den kan jo gå ned igjen så lykke til 🙂👍
googleearth11
06.12.2022 kl 12:52
9718
Da vil jeg tro at kursen ville gått mye mer. Tror heller dette er en korreksjon fra fallet etter Q3. Dersom det skjer store endringer i Quebec (mot formodning) vil det få MYE større utslag på kursen.
MC Axel
06.12.2022 kl 12:55
9713
Perhaps this is one of the reasons! "After years of promise and false starts"!
"Canadian LNG Moving Forward
Written by Paul Rupp | Dec 5, 2022
After years of promise and false starts, Canadian LNG is finally on track to provide new demand for Canadian producers."
https://insight.factset.com/canadian-lng-moving-forward
"Canadian LNG Moving Forward
Written by Paul Rupp | Dec 5, 2022
After years of promise and false starts, Canadian LNG is finally on track to provide new demand for Canadian producers."
https://insight.factset.com/canadian-lng-moving-forward
MC Axel
13.12.2022 kl 01:08
8998
Natural Gas Prices Surge 10% On Cold Temperatures
By Alex Kimani - Dec 12, 2022, 10:00 AM CST
U.S. natural gas futures have extended their rally, jumping nearly 10% on Monday’s session following forecasts for much colder weather as well as higher heating demand through late December than previously expected.
https://oilprice.com/Latest-Energy-News/World-News/Natural-Gas-Prices-Surge-10-On-Cold-Temperatures.html
By Alex Kimani - Dec 12, 2022, 10:00 AM CST
U.S. natural gas futures have extended their rally, jumping nearly 10% on Monday’s session following forecasts for much colder weather as well as higher heating demand through late December than previously expected.
https://oilprice.com/Latest-Energy-News/World-News/Natural-Gas-Prices-Surge-10-On-Cold-Temperatures.html
OPC1000
13.12.2022 kl 01:23
9123
Do you know the saying;
«Opp som en hjort - ned som en lort»
Do you know what pump&dump is ?
(Explaining the sudden and unexpected higher vulume)
«Opp som en hjort - ned som en lort»
Do you know what pump&dump is ?
(Explaining the sudden and unexpected higher vulume)
Redigert 13.12.2022 kl 12:05
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Upup
13.12.2022 kl 12:37
8804
Do you know the expression; hakk in the record?
Thats a good wending nicht wahr?
Pumped and dumpes since 70 ears, not worth the crown as they say, will be under inden sommerens sluuuuuud
Thats a good wending nicht wahr?
Pumped and dumpes since 70 ears, not worth the crown as they say, will be under inden sommerens sluuuuuud
MC Axel
05.01.2023 kl 09:36
7367
Why is QEC 1,72 NOK in Toronto? and only 1,56 NOK in Oslo?
QEC: CN Toronto
Questerre Energy Corp
COMPANY INFO
0.23 CAD
+0.01 +4.55%
MARKET CLOSED
https://www.bloomberg.com/quote/QEC:CN
QEC: CN Toronto
Questerre Energy Corp
COMPANY INFO
0.23 CAD
+0.01 +4.55%
MARKET CLOSED
https://www.bloomberg.com/quote/QEC:CN
tuja
05.01.2023 kl 09:41
7489
Bare å laste med begge hender:
https://twitter.com/LiveSquawk/status/1610917719565635590?s=20&t=AC9ces8BUGNETAu--MxCEg
Twitter
LiveSquawk
- UBS: Expect Crude Oil Prices To Rise To $110/BBL This Year
- In 2023, Expect Oil Demand To Rise By 1.6 MPBD, With Demand, Exceeding The Record Of 103 MPBD In H2 23
- Expect Brent To Rise To $110/BBL And WTI To $107/BBL In 2023
- 2023 Oil Demand Will Be Driven By Asia #OOTT
— LiveSquawk (@LiveSquawk) January 5, 2023
https://twitter.com/LiveSquawk/status/1610917719565635590?s=20&t=AC9ces8BUGNETAu--MxCEg
LiveSquawk
- UBS: Expect Crude Oil Prices To Rise To $110/BBL This Year
- In 2023, Expect Oil Demand To Rise By 1.6 MPBD, With Demand, Exceeding The Record Of 103 MPBD In H2 23
- Expect Brent To Rise To $110/BBL And WTI To $107/BBL In 2023
- 2023 Oil Demand Will Be Driven By Asia #OOTT
— LiveSquawk (@LiveSquawk) January 5, 2023
Peter Sellers
05.01.2023 kl 10:25
7463
@MCA, se igjen på volumet det var omsatt 10.884 aksjer! Qec er helt uavhengig i Toronto vs OB den er registret begge plasser men helt uavhengig av hverandre....noen norske selskap er reg både på Wall Street og på OB, i USA kan aksjen være langt høyere priset enn her hjemme eller motsatt.
tuja
07.01.2023 kl 11:45
7021
Dersom denne spådommen slår inn, er det bare å laste på dagens tilbudspris:
https://oilprice.com/Energy/Oil-Prices/Andurand-Oil-Prices-Could-Exceed-140-If-Chinas-Economy-Fully-Reopens.html
Crude oil prices could exceed $140 per barrel yet this year if China’s economy fully reopens, hedge fund manager Pierre Andurand said on Friday.
Andurand sees the possibility of crude oil demand growing by more than 4 million barrels per day this year—a 4% increase over last year. This far exceeds crude demand growth set out for 2023 by other oil market forecasters.
“I think oil will go upwards of $140 a barrel once Asia fully reopens, assuming there will be no more lockdowns, Andurand said, adding that the “market is underestimating the scale of the demand boost that it will bring.”
Andurand’s forecast goes against the trend that crude oil prices set so far this year. During the first week of the year, crude oil prices tumbled by 9% in the first two trading days in what was the worst start to a year since 1991.
Last week, Andurand said in a tweet that oil demand could increase between 3 and 4 million bpd this year, aided by the switch from oil to gas.
China’s reopening has been on the oil industry’s radar ever since it employed its zero-covid policies and locked down much of its economy. China only recently made significant changes to its covid policies, abandoning its strict measures in favor of relaxed testing requirements and travel restrictions. But China’s reopening has been plagued with a new wave of Covid, spooking many oil bulls off what would be their rejoicing at what should be a significant bump in demand.
Andurand did say last week that oil demand will be limited somewhat by a growth in the EV sector, as EVs have the potential to displace 600,000 bpd of oil demand.
https://oilprice.com/Energy/Oil-Prices/Andurand-Oil-Prices-Could-Exceed-140-If-Chinas-Economy-Fully-Reopens.html
Crude oil prices could exceed $140 per barrel yet this year if China’s economy fully reopens, hedge fund manager Pierre Andurand said on Friday.
Andurand sees the possibility of crude oil demand growing by more than 4 million barrels per day this year—a 4% increase over last year. This far exceeds crude demand growth set out for 2023 by other oil market forecasters.
“I think oil will go upwards of $140 a barrel once Asia fully reopens, assuming there will be no more lockdowns, Andurand said, adding that the “market is underestimating the scale of the demand boost that it will bring.”
Andurand’s forecast goes against the trend that crude oil prices set so far this year. During the first week of the year, crude oil prices tumbled by 9% in the first two trading days in what was the worst start to a year since 1991.
Last week, Andurand said in a tweet that oil demand could increase between 3 and 4 million bpd this year, aided by the switch from oil to gas.
China’s reopening has been on the oil industry’s radar ever since it employed its zero-covid policies and locked down much of its economy. China only recently made significant changes to its covid policies, abandoning its strict measures in favor of relaxed testing requirements and travel restrictions. But China’s reopening has been plagued with a new wave of Covid, spooking many oil bulls off what would be their rejoicing at what should be a significant bump in demand.
Andurand did say last week that oil demand will be limited somewhat by a growth in the EV sector, as EVs have the potential to displace 600,000 bpd of oil demand.
MC Axel
19.01.2023 kl 00:44
6062
January 18, 202310:52 PM GMTLast Updated 41 min agoBritish Columbia reaches deal with First Nations in Canada's Montney shale play
By Nia Williams
Interesting reading. Has nothing to do with Quebec, but mentions First Nations, which is relevant when we talk about Questerre energy
https://www.reuters.com/business/energy/british-columbia-reaches-deal-with-first-nations-canadas-montney-shale-play-2023-01-18/
And here:
https://www.reuters.com/business/energy/canadian-natgas-firms-warn-clock-ticking-montney-shale-deal-with-first-nations-2022-11-01/
tuja
19.01.2023 kl 08:41
5840
Det nærmer seg også børsmelding relatert til kravet på erstatning:
"Our legal claim is that by enacting Bill 21 and revoking our exploration licenses, with no meaningful compensation, the province has been ‘unjustly enriched’ by the value of our discovery. As we have previously noted, the discovery once made, cannot be undiscovered and it has tremendous value to whoever owns it. Our expert witness is working to quantify the value of this discovery and our resulting damages. This should be finalized early in the new year and submitted with our revised pleadings to the Superior Court."
"Our expert witness is working to quantify the value of this discovery and our resulting damages. This should be finalized early in the new year and submitted with our revised pleadings to the Superior Court."
"Our legal claim is that by enacting Bill 21 and revoking our exploration licenses, with no meaningful compensation, the province has been ‘unjustly enriched’ by the value of our discovery. As we have previously noted, the discovery once made, cannot be undiscovered and it has tremendous value to whoever owns it. Our expert witness is working to quantify the value of this discovery and our resulting damages. This should be finalized early in the new year and submitted with our revised pleadings to the Superior Court."
"Our expert witness is working to quantify the value of this discovery and our resulting damages. This should be finalized early in the new year and submitted with our revised pleadings to the Superior Court."
Fjellbris
19.01.2023 kl 08:46
5854
Blir spennende å se beløpet, samt endelig få på bordet kravet. Vi snakker uansett her ikke om småpenger, selv om jeg ikke tror kravet blir på kr 20-40 pr aksje som Jason antydet.
Mindre kan vel også gøre det :-)......10-15 NOK
1013
19.01.2023 kl 10:11
5754
Mit gæt er at de kommer til at kræve imellem 3-9 milliarder CAD.
Håber snart tallene kommer.
Håber snart tallene kommer.
minsin
19.01.2023 kl 11:23
5680
Mye fin jus det der..Når det kommer til ekspropriering og "samfunnets beste" er det vanskelig å fastsette en verdi.
Tror nok at en endelig avgjørelse vil dra langt ut i tid..
Det jeg imidlertidig tror er at QEC vil få dekket inn minimum utgiftene/investerings kostnadene på rundt 22 brønner i lowlands.
Mulig dette utgjør 10-15 mill Cad pr brønn , mot at de avslutter brønnene permanent
Isåfall ligger det 220 - 350 mill Cad / 1,7 - 2,5 mrd i potten noe som tilsv 4-6 kr aksjen
I hvilken grad verdiene under bakken - gidder jeg ikke ta stilling til : foreløpig får fin jussen ta seg av dette
Noe annet som kan påvirke erstatningen er hva QEC betalte for Repsols andel i Lowlands, i sin tid
Med mitt kursmål på 4-7 kr på dagens produksjon og forventninger sammen med erstatning mener jeg aksjen bør ha potensiale på 8- 13 kr... i løpet av en par år.
Nesten en 10 dobling fra dagens kurser...
Risk / reward er derfor meget positiv og anser QEC for å ha ett godt fremtidig potensiale...
Har allikavel ett håp om at LNG kan bli eksportert også fra Quebec - det er der den virkelige gevinsten ligger
Tror nok at en endelig avgjørelse vil dra langt ut i tid..
Det jeg imidlertidig tror er at QEC vil få dekket inn minimum utgiftene/investerings kostnadene på rundt 22 brønner i lowlands.
Mulig dette utgjør 10-15 mill Cad pr brønn , mot at de avslutter brønnene permanent
Isåfall ligger det 220 - 350 mill Cad / 1,7 - 2,5 mrd i potten noe som tilsv 4-6 kr aksjen
I hvilken grad verdiene under bakken - gidder jeg ikke ta stilling til : foreløpig får fin jussen ta seg av dette
Noe annet som kan påvirke erstatningen er hva QEC betalte for Repsols andel i Lowlands, i sin tid
Med mitt kursmål på 4-7 kr på dagens produksjon og forventninger sammen med erstatning mener jeg aksjen bør ha potensiale på 8- 13 kr... i løpet av en par år.
Nesten en 10 dobling fra dagens kurser...
Risk / reward er derfor meget positiv og anser QEC for å ha ett godt fremtidig potensiale...
Har allikavel ett håp om at LNG kan bli eksportert også fra Quebec - det er der den virkelige gevinsten ligger
Redigert 19.01.2023 kl 11:49
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tuja
19.01.2023 kl 12:18
5563
God og velfundert analyse av ståa. Er rimelig klar på at en eventuell erstatning vil gi flere kroner på kursen. Og i tillegg har vi dagens og framtidig produksjonsøkning som alene burde gi større oppside fra dagens kurs. Kan bli morsomt å være invistert i QEC i 2023. Forventer som sagt snarlig melding om erstatningskrav. Spennende.
Peter Sellers
19.01.2023 kl 12:41
5515
@1013, ja det er vel på tide at erstatningskravet kommer opp asap iom at det ser rimelig håpløst ut med tanke på utvinning i Quebec!! La oss håpe dette er rett rundt hjørne!!
Fjellbris
20.01.2023 kl 08:26
5155
20.01.2023 08:00:00
Insider acquisition of shares
Questerre Energy Corporation (the "Company") reported Michael Binnion, President and Chief Executive Officer of the Company, acquired 53,500 Common Shares at C$0.21 per Common Share on January 18 and January 19, 2023. He currently holds 11,668,227 Common Shares and exercises control and direction over an additional 7,657,864 Common Shares held through affiliate companies.
Insider acquisition of shares
Questerre Energy Corporation (the "Company") reported Michael Binnion, President and Chief Executive Officer of the Company, acquired 53,500 Common Shares at C$0.21 per Common Share on January 18 and January 19, 2023. He currently holds 11,668,227 Common Shares and exercises control and direction over an additional 7,657,864 Common Shares held through affiliate companies.
Ja da skal den sikkert over 2kr i dag 😂😂👍
minsin
20.01.2023 kl 09:20
5068
Ligger nok i området der den har ligget de siste dagene..
Generelt er det positivt at ledelsen kjøper aksjer , Ett greit signal om de har tro på at aksjen skal oppover- spesielt nå i forkant av Q4 og nå som erstatningssaken er inne til vurdering.
Generelt er det positivt at ledelsen kjøper aksjer , Ett greit signal om de har tro på at aksjen skal oppover- spesielt nå i forkant av Q4 og nå som erstatningssaken er inne til vurdering.
fervex
20.01.2023 kl 09:36
5241
Enig i at det ikke bør gi store kursutslag på kort sikt.
For meg betyr dette bare at insiders ikke sitter på nyheter som i såfall ville gjort dette til ulovlig innsidehandel.
På lengre sikt, er det derimot bra og positivt.
For meg betyr dette bare at insiders ikke sitter på nyheter som i såfall ville gjort dette til ulovlig innsidehandel.
På lengre sikt, er det derimot bra og positivt.
andemorr
20.01.2023 kl 09:52
5349
Tatt en grei post i QEC i dag. Har tidligere hatt tendenser til å løpe løpsk, og nå når vi nærmer oss melding vedrørende erstatning så ser jeg r/r som bra. Gjelder å være inne FØR denne meldingen eventuelt kommer, og den skal komme "early 2023".
minsin
20.01.2023 kl 09:57
5357
Tror nesten Michael Binnion har lest på linken min ang QECs fremtidige produksjon og erstatning for Lowlands...
Sikker derfor han kjøpte noen aksjer... :-)
Sikker derfor han kjøpte noen aksjer... :-)
Fjellbris
20.01.2023 kl 10:09
5349
Uansett hvordan man vrir og vender på det er det positivt at toppsjefen kjøper mer aksjer, han som har enormt mye fra før. Ingen kjøper mer om man ikke har tro på investeringen, dette er nok også et signal på hva som kommer😀
Redigert 20.01.2023 kl 10:09
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TrumpGold
20.01.2023 kl 10:42
5180
Tja, et slikt puslete innsidekjøp kan også tolkes som kurspleie, dvs et forsøk på å snu den negative trenden.
IncognitoPamda
20.01.2023 kl 12:13
4894
Nettopp. Vikan ikke vite ordentlig, men kjøpesummen er en dråpe i havet bare, så jeg vil ikke si det betyr all verdens. Det er selvfølgelig mye bedre enn at innsiden selger naturligvis, men.
minsin
20.01.2023 kl 12:45
4876
Hmm det som er litt underlig er at qec har bevilget seg millioner av aksjer i opsjoner med strike 0 28 cad ...
Så jo dette er kurspleie ,men gir samtidig en helt klar indikasjon hvilken vei aksjen vil gå de kommende uker ...
I forhold til prising av selskapet , så tjener selskapet penger som gress for tiden
Produksjonen vil være i omr 2300-2400 boed ved fremleggelse av Q4..dette vil generere omtrent 10 mill i netback pr kvartal.så jo jeg skjønner hvorfor han kjøper - i det korte bildet dkal aksjen opp i 4 kr - ting synliggjøres
Så jo dette er kurspleie ,men gir samtidig en helt klar indikasjon hvilken vei aksjen vil gå de kommende uker ...
I forhold til prising av selskapet , så tjener selskapet penger som gress for tiden
Produksjonen vil være i omr 2300-2400 boed ved fremleggelse av Q4..dette vil generere omtrent 10 mill i netback pr kvartal.så jo jeg skjønner hvorfor han kjøper - i det korte bildet dkal aksjen opp i 4 kr - ting synliggjøres