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Questerre reports voting results of election of directors

July 14, 2015 7:00 PM
CNW

CALGARY, July 14, 2015 /CNW/ – Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported on the voting results from its annual meeting of shareholders held last month.

At its annual meeting of shareholders held on June 9, 2015, each of the six nominees proposed as directors and listed in its management information circular dated May 11, 2015 were elected as directors to serve until the next annual meeting of shareholders, or until their successors are elected or appointed. Bjorn Inge Tonnessen was appointed as Chairman of the Board. The detailed results of the vote are set out below.

Nominee

Votes For

Votes Withheld

Michael Binnion

70,201,695

121,950

Earl Hickok

70,240,318

68,327

Ted Roberts

70,233,610

75,035

Alain Sans Cartier

70,230,068

78,577

Dennis Sykora

70,193,282

115,363

Bjorn Tonnessen

70,226,818

81,827

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.

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.

This media release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including leveraging the Company’s expertise gained through early exposure to shale and other non-conventional reservoirs and bringing on production in the heart of the high-liquids Montney shale fairway. 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 statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, 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.

SOURCE Questerre Energy Corporation

For further information: Questerre Energy Corporation, Anela Dido, Investor Relations, (403) 777-1185 | (403) 777-1578 (FAX) |Email: info@questerre.com

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