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Questerre releases French overview of independent report on shale gas development
Questerre releases French overview of independent report on shale gas development
About this update from Questerre Energy Corporation Class A
[{"type":"text","content":"\n\n\n\n Aug. 19, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\n\n /NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION\n IN THE UNITED STATES/\n \n\n MONTREAL, Aug. 19 /CNW Telbec/ -Questerre Energy Corporation\n ("Questerre" or the "Company") (TSX,OSE:QEC) released today a French\n overview of an independent report on shale gas development.\n \n\n "This is one of the many independent reports that confirms the good\n track record of shale gas development in North America," says Michael\n Binnion, President and CEO of Questerre Energy.\n \n\n "Modern Shale Gas Development in the United States: A Primer," was\n released in April 2009 by the Ground Water Protection Council, an\n American association of state regulators whose primary purpose is to\n promote the protection of ground water. Over 90% of their funding comes\n from The Environmental Protection Agency and the US Department of Energy.\n \n\n One of the major concerns of citizens, government and industry is the\n protection of groundwater. The report calculates that the chances of\n hydraulic fracturing impacting an aquifer are, "less than one in two\n hundred million." It states that the process varies very little from\n conventional drilling and that it, "has not introduced new environmental\n concerns."\n \n\n "The report supports what we have been saying all along; hydraulic\n fracturing does not affect aquifers and the best way to protect\n groundwater is with high quality casing, good cement and proper\n water-handling procedures. This is the case with any well that is\n drilled, whether it be an oil well, a natural gas well, or a water\n well," says Binnion.\n \n\n The report also addresses the regulatory environment in the United\n States. In Québec the industry is regulated by several acts and\n regulations. They include : the Mining Act, the Forestry Act, the law on\n the prote...