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CALGARY, Alberta, June 23, 2023 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX, OSE:QEC ) reported today on the case management conference held earlier this week in Quebec related to Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities (“Bill 21”). The Attorney General of Quebec’s summary motion to dismiss the claims by Questerre and other license holders was deferred by the appointed Justice until the hearing on the merits of the case to be scheduled next year. The Justice also accepted the Government’s undertaking to suspend any enforcement actions until the next hearing tentatively scheduled for the fourth quarter of this year. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “We are pursuing a political and business solution in Quebec. We believe our proposed Scope 3 zero emissions energy hub in Quebec could play a role in supporting the transition of Quebec’s economy to a low emissions future.” He added, “With the largest utility in the province recently recommending residential and business customers reduce their consumption, the electricity shortage in the province is becoming more apparent. The stay granted by the justice allows for […]
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