2 stories mentioning QEC.OLUpdated 44d ago
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Questerre Energy (QEC.OL) completed the divestment of non-operated minority working interest in the Kakwa Central assets in Canada on May 1.The energy technology and innovation company said Monday it sold the assets for cash consideration of $23.5 million, alongside the assumption of decommissioning liabilities and commitments under firm transportation and processing contracts.
Questerre Energy (QEC.OL) agreed to sell its non-operated minority working interest in its Kakwa Central assets for $23.5 million.The sale agreement is slated to close on May 1. The buyer has agreed to assume decommissioning liabilities for the assets and Questerre's commitments under its firm transportation and processing contracts.The oil and gas-focused energy technology and innovation company noted that the sale remains subject to requisite approvals and customary adjustments.
