Completion operations underway at Gentilly No. 2 horizontal well in Québec

Calgary, Alberta -- Questerre Energy Corporation
("Questerre" or the "Company") (TSX,OSE:QEC)
announced today that completion operations began
recently on the Gentilly No. 2 horizontal well in the
St. Lawrence Lowlands, Québec.

The completion program for this well included testing
of both the middle and lower intervals within the
Utica shale formation with a total of five fracs in
the approximately 700m long horizontal section. This
will provide important technical information about
the stimulation of these intervals. The fracture
stimulation of Gentilly No. 2 will be conducted by
Talisman Energy Inc. in accordance with good oilfield
practice and government regulations.

Consistent with its previous operations, the adjacent
vertical well, Gentilly No. 1, will be used for
microseismic monitoring to validate the effectiveness
of the fracs. Questerre believes this information
will corroborate results from previous fracs. Based
on independent analysis of the fracs on previous
wells, the microseismic results to date clearly
indicate that the fracture stimulation does not
propagate above the Utica shale. The top of the Utica
is located at least 1,500m from the deepest fresh
water aquifer.

The long-term production test of the St. Edouard No.
1A horizontal well was recently completed. After 134
days of testing, the well was producing at a rate of
approximately 1.4 MMcf/d. The pressure and production
data is currently being analyzed in conjunction with
the microseismic gathered during the fracture
stimulation.

Drilling operations on the Fortierville No. 1
horizontal well were finalized in late June. The well
was drilled and cased to a measured depth of 3390m
including an approximate 1000 m horizontal leg. Due
to frac equipment requirements and unforeseen changes
at an adjacent location where Questerre is not a
partner along with a prior commitment for the frac
equipment in Western Canada, Questerre anticipates
this well is likely to be completed in the fall when
the frac equipment is expected to return to Québec.

Questerre also announced that drilling operations are
underway on the next horizontal well, St. Gertrude
No. 1, situated approximately 12 km southwest of the
Gentilly No. 2 horizontal well. The well will test an
unstructured area in the play fairway. Total measured
depth for this well is programmed at 3300m with a
1000m horizontal leg into the middle Utica interval.
Subject to final results, Questerre expects the
completion will likely include an 8-stage fracture
stimulation with results later this year.

Michael Binnion, President and Chief Executive
Officer, commented, "We are very pleased that
operations are progressing satisfactorily. The long-
term test at St. Edouard is in line with our
interpretation of this excellent first horizontal
result. Drilling results from Fortierville showed
progress on the learning curve and we look forward to
applying it to St. Gertrude."

Questerre Energy Corporation is an independent energy
company focused on shale gas in North America. The
Company is concentrated on establishing commerciality
of its Utica shale gas discovery in the St. Lawrence
Lowlands, Québec. Questerre is committed to the
economic development of its resources in an
environmentally conscious and socially responsible
manner.

For further information, please contact:

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

This news release contains certain statements which
constitute forward-looking statements or information
("forward-looking statements"), including the results
from our horizontal wells, the estimated recovery of
resources and the timing of completion operations.
Although the Company 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 the Company. 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, the
Company 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.

This news release does not constitute an offer of
securities for sale in the United States. These
securities may not be offered or sold in the United
States absent registration or an available exemption
from registration under the United States Securities
Act of 1933, as amended.