Questerre Energy Corporation Class A · TSX:QEC
Questerre Energy Corporation Class A — Investor Presentation (September 2009)
34 slides from Questerre Energy Corporation Class A's investor presentation, September 2009
Slide 1: Questerre Energy Corporation Presentation
on e rresentation — Questerre Energy Corporation
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Slide 3: Business strategy
Business strategy Commercializing the Quebec shale gas discovery Incredible resource potential in Utica shale with high leverage to natural gas prices Middle Utica rock properties proven through vertical pre-pilot program Commercial factors to be established by horizontal pilot programs commencing t
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Slide 7: Natural gas market
Natural gas market Positive medium term outlook for gas price recovery New drilling down due to low prices ~25 Tcf used in North America every year Befid 100 Actual Projection 80 60 40 20 0 2000 42002 2004 2006 2008 2010 2012 2014 2016 2018 2020 U.S. Conventional & Canada Conventional ™ U.S. Unconve
Slide 8: Natural gas market
Natural gas market Gas at a 70% discount to oil on energy equivalent basis Conventional gas production is rapidly declining with high marginal costs of supply Clean, abundant, reliable, cost-effective and efficient supply of energy New sources of demand being considered Natural gas produces 30% less
Slide 9: St. Lawrence Lowlands, Quebec
St. Lawrence Lowlands, Quebec “All Hail the Triumphant” Copyright 2008 Daedalus Designs Inc. Courtesy Kinsman Robinson Galleries, Toronto in association with Master’s Gallery Ltd., Calgary
Slide 10: Shale gas in Quebec
Shale gas in Quebec ¢ Favorable fiscal terms * Geologically well-defined deep fairway ¢ Large land position with drilling inventory measured in decades ¢ “IGIP” (incredible gas in place) with proven rock properties
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)!#$%#$ • !($%! !$ – #!* #!+&$!65167=> – ,"#$! ?45/85 "#( • )$% %%!! % %!!#%!5/80 ###! #%$ " #$%#(%(# !* $ !(#., %#! • !( #!% ( 2$$$!&! – #&"& ! % ($%#+1 !)# %%$!#%!" % #*!#$$ &!#(1$ !#)!" %
Slide 12: Well defined geological fairway
Well defined geological fairway Utica Structure Map Schematic cross section of Lowlands Play Fairway | Unstructured Structured | LOGAN'S LINE NORTHWEST SOUTHEAST ‘Ges from fractured, 2 amasia dica Shate t y stances 3 HE sr smoneet Pserot PROSPECT Albion - Scipio type ; hydrothermal dolomite Ena ray
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! "%& $!& ! ! $ !+ -/47>?6)47> . 93;(9:: 428(968 ,* -42>%! !. 335(675 44(8;3 !), -78>%! !. 3:3(477 329(225 ! 3(236(6;8 558(662
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Slide 15: Measuring up to a proven shale play
Measuring up to a proven shale play Quebec shale compared to Southwestern Fayetteville shale Daily Gas Rate (mmcf/d @ Quebec lam Trend Line @ Southwestern Mm Trend Line Results are moving in to second year of learning curve Fayetteville production data courtesy of Southwestern Energy corporate prese
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Slide 19: Expected timeline
Expected timeline 2008 at faz | a3 [a4 Optimization ! Commercial Development i i i Pilot Project Rock Properties Investigation i i ' Resource ee Identification i H
Slide 20: Northeast British Columbia
Northeast British Columbia
Slide 21: Mississippian shale/siltstone sequence
* !/0&--- +..&1--, * $ ! * (1" ) 1 Mississippian shale/siltstone ' sequence * $ ! * !! !! # ! " !
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Slide 24: Company Outlook
Company Outlook
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Slide 29: 1650 AMEC Place Sixth Avenue SW
1650 AMEC Place 801 Sixth Avenue SW Calgary, Alberta T2P 3W2 Canada Tel: (403) 777 1185 Fax: (403) 777 1578 www.questerre.com info@questerre.com
Slide 30: Appendix
Appendix
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% • "$ $ # !" ! !!'" "! • ! $ ! $ $ " • $ "! #!( # $"$ • $ " $ " ! ! !$ )
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Slide 34: Utica Depth Structure
Utica Depth Structure ME Shallow: 0-800m 8 Medium: 800-1700m (0) Deep “proven” tested: 1700-3000m MN Deep “overthrust” untested: > 3000m ESS Deep untested: 1700-3000m >) Deep unknown thermal maturity 9 St-Gregoine Wo 2 (2009) 13 Gentity No 1 (2008) Operator: Junex Operator: Talisman ‘Spud Date: Dece
Questerre Energy — Investor Presentation (September 2009) on 6ix