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Questerre Energy Completes Emergency Turnaround at Brazil Facility

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Questerre Energy (QEC.TO) reported the completion of an emergency turnaround at the PX Energy oil shale processing facility in Brazil, on budget and on schedule.

The plant has been operating since late Aug. 18, the company said Tuesday.

During the unscheduled maintenance that began on July 31, the company said it completed repairing a critical pipe failure in the furnace that supplies heat to the main processing facility.

Questerre expects to meet its minimum sales commitments under long-term contracts for August despite the disruption.

The company's shares last traded Monday, closing up C$0.015, or 5.9%, to C$0.27 on the Toronto Stock Exchange.

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