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The company expects that as more wells are drilled and tested, the majority of those prospective resources will be reclassified as contingent resources and ultimately reserves, Chief Executive Officer Michael Binnion said.Questerre, which owns acreage in the Saskatchewan, Alberta and Quebec regions of Canada, as well as in parts of Utah and Wyoming, is betting on growing acceptance of the fracking technology used to extract shale resources.This is your best opportunity to chat with people from Oklahoma.Oklahoma City Chat Room is the place where chatters from Oklahoma City come to chat and make new friends.

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The operator also reported the 03-19 well was subsequently brought on production at an average rate of 3.5 MMcf/d with condensate rates of 166 Bbls/MMcf. The operator recently received regulatory approval for the joint central compression and condensate stabilization facility that will process volumes from these wells.

Questerre also updated the status of testing for the 15-01 well.

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