QEC - total claim between $3 billion to $5 billion
Judging by this, the total claim from the oil and gas industry in Quebec will be between 3 - 5 billion dollars and Questerre Energy is probably the largest compensation recipients (the $3 billion to $5 billion floated by the province’s energy association).
I expect that a settlement will give Questerre Energy billions of NOK in the coffers
Utica Resources believes this is not enough and wants higher compensation from the government
Article from 2021
Quebec killed Utica Resource's business plan — now the company wants billions of dollars in compensation
Martin Patriquin: Burning fossil fuels has a cost. Keeping them in the ground also has a price
Author of the article:
"The Logic
Martin Patriquin
Publishing date:
Nov 29, 2021"
"So Lévesque wants compensation for Utica and the other nine licence-holding companies in the province. The starting bid: “significantly more” than the $3 billion to $5 billion floated by the province’s energy association, Lévesque told me the other day."
https://financialpost.com/commodities/energy/oil-gas/quebec-ink-burning-fossil-fuels-has-a-cost-keeping-them-in-the-ground-also-has-a-price
More than half Quebecers in favour of developing its oil resources
Arthur C. Green Nov 23, 2022
CEO of Utica Resources Mario Levesque said, "These numbers show what people are telling me all day long."
https://www.westernstandard.news/news/more-than-half-quebecers-in-favour-of-developing-its-oil-resources/article_3367c3c6-6b6c-11ed-93ae-fb918bf3674d.html
I expect that a settlement will give Questerre Energy billions of NOK in the coffers
Utica Resources believes this is not enough and wants higher compensation from the government
Article from 2021
Quebec killed Utica Resource's business plan — now the company wants billions of dollars in compensation
Martin Patriquin: Burning fossil fuels has a cost. Keeping them in the ground also has a price
Author of the article:
"The Logic
Martin Patriquin
Publishing date:
Nov 29, 2021"
"So Lévesque wants compensation for Utica and the other nine licence-holding companies in the province. The starting bid: “significantly more” than the $3 billion to $5 billion floated by the province’s energy association, Lévesque told me the other day."
https://financialpost.com/commodities/energy/oil-gas/quebec-ink-burning-fossil-fuels-has-a-cost-keeping-them-in-the-ground-also-has-a-price
More than half Quebecers in favour of developing its oil resources
Arthur C. Green Nov 23, 2022
CEO of Utica Resources Mario Levesque said, "These numbers show what people are telling me all day long."
https://www.westernstandard.news/news/more-than-half-quebecers-in-favour-of-developing-its-oil-resources/article_3367c3c6-6b6c-11ed-93ae-fb918bf3674d.html
Redigert 29.11.2022 kl 12:30
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Fljo
29.11.2022 kl 12:36
25929
3-5 mrd USD = 30-50 mrd NOK.
Hva vil det kunne ha å si for QEC-kursen, og hva er sannsynligheten for at de får et slikt stort beløp? Jeg tipper sannsynligheten er veldig lav og at kursen derfor ikke påvirkes noe særlig.
Hva vil det kunne ha å si for QEC-kursen, og hva er sannsynligheten for at de får et slikt stort beløp? Jeg tipper sannsynligheten er veldig lav og at kursen derfor ikke påvirkes noe særlig.
MC Axel
29.11.2022 kl 12:40
25897
I don't remember that figures have been put on how much the total claim will be according the oil and gas association?
This is what they see as a realistic compensation claim
This is what they see as a realistic compensation claim
Elly
29.11.2022 kl 12:55
25829
Der var jo en grund til, at Jason nævnte en realistisk kurs på omkring 40 NOK, men ved godt, at folk herinde prøver på at tale den udtalelse ned :-)
MC Axel
29.11.2022 kl 14:15
25693
The expropriation law states that there must be a fair value, then you will expect at least 170 million to a few billion in compensation
This is an international rule and I am convinced that there will be compensation, but there is probably a greater chance that there will be talk of a settlement, that you will meet halfway, as they did in the Anticosti case
$25 million settlement reached on cancelled Anticosti oil project
Aug 11, 2017 — Quebec government has reached an agreement with Petrolia over a cancelled project on Anticosti Island. The $25 million payout is the lates
https://montreal.ctvnews.ca/mobile/25-million-settlement-reached-on-cancelled-anticosti-oil-project-1.3542205
--------
The provincial government said Friday that negotiations are underway to compensate a number of companies for cancelling their contracts.
Deals have been reached with Junex, Corridor and Maurel & Prom for a total compensation of $41.4 million.
https://www.ctvnews.ca/mobile/business/quebec-government-puts-end-to-oil-and-gas-exploration-on-anticosti-island-1.3522903
This is an international rule and I am convinced that there will be compensation, but there is probably a greater chance that there will be talk of a settlement, that you will meet halfway, as they did in the Anticosti case
$25 million settlement reached on cancelled Anticosti oil project
Aug 11, 2017 — Quebec government has reached an agreement with Petrolia over a cancelled project on Anticosti Island. The $25 million payout is the lates
https://montreal.ctvnews.ca/mobile/25-million-settlement-reached-on-cancelled-anticosti-oil-project-1.3542205
--------
The provincial government said Friday that negotiations are underway to compensate a number of companies for cancelling their contracts.
Deals have been reached with Junex, Corridor and Maurel & Prom for a total compensation of $41.4 million.
https://www.ctvnews.ca/mobile/business/quebec-government-puts-end-to-oil-and-gas-exploration-on-anticosti-island-1.3522903
Redigert 29.11.2022 kl 14:19
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Peter Sellers
29.11.2022 kl 14:51
25578
@MCA, vi trenger ikke flere års gamle nyheter!! Det vi trenger er noe positivt og konkret fra enten myndighetene i Quebec eller fra MB og ikke noe gamle nyheter eller synsing!! Jeg tror absolutt alle vi som er aksjonærer ønsker kursen opp, dette er bare desperat haussing!
MC Axel
30.11.2022 kl 10:46
25090
Mabey you should focus more on the debate and not always whats old or not, we talk "court precedent" and that is extremely telling
QEC has a strong case!
QEC has a strong case!
Redigert 30.11.2022 kl 10:49
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1013
30.11.2022 kl 10:52
25045
så ved du da ingenting om retspraksis, de bliver eksproprieret det koster kassen, staten står med en meget dårlig sag.
1013
30.11.2022 kl 10:58
24995
Jeg tror at Qec kommer med deres endelig krav inden jul, så det er ved at være sidste chance for billige aktier.
MC Axel
30.11.2022 kl 11:55
25016
This is undoubtedly the Quebec government's intention to achieve a settlement ala Anticosti. Meeting in court can become dangerous for Quebec and not to mention expensive.
In the western legal system, much emphasis is placed on legal precedent
In the western legal system, much emphasis is placed on legal precedent
Fjellbris
30.11.2022 kl 12:30
25394
Bare vent til vi er i Q2 - Q4 neste år, det vi da angrer mest på tror jeg er hvorfor vi ikke lastet mye mer når vi hadde sjansen under kr 2.
Redigert 30.11.2022 kl 12:31
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MC Axel
01.12.2022 kl 09:30
24696
Most Quebecers want province's oil resources developed:IPSOS
By Joel Goldenberg The Suburban Nov 30, 2022 Updated 2 hrs ago
Fifty-four percent of Quebecers are in favour of developing the province's own oil resources, 11 percent more than in 2021, and 61 percent support developing natural gas here as well, says an IPSOS poll commissioned by the Montreal Economic Institute think tank.
https://www.thesuburban.com/news/city_news/most-quebecers-want-provinces-oil-resources-developed-ipsos/article_4d1a6c3c-b7e6-5647-8d5d-60388a14bb88.html
By Joel Goldenberg The Suburban Nov 30, 2022 Updated 2 hrs ago
Fifty-four percent of Quebecers are in favour of developing the province's own oil resources, 11 percent more than in 2021, and 61 percent support developing natural gas here as well, says an IPSOS poll commissioned by the Montreal Economic Institute think tank.
https://www.thesuburban.com/news/city_news/most-quebecers-want-provinces-oil-resources-developed-ipsos/article_4d1a6c3c-b7e6-5647-8d5d-60388a14bb88.html
MC Axel
01.12.2022 kl 12:19
24499
Where do you find these people? they talk and act as if they are less gifted! Legault wants to build dams, which everyone is against because they make a big impact on nature!
and not only that, Quebec wants more money from the federal government to pay for their health care!
Quebec premier delivers inaugural speech of 43rd legislature
Nov 30, 2022 The Canadian Press
"Legault said the province will need the equivalent of half the total output of Hydro-Québec — 100 terawatt hours more — by 2050 to meet the province’s energy demands, adding that government must consider building new dams to do so, something that can take up to 15 years.
“So we need in the next mandate to have a real societal debate on how we will get this 100 terawatt hours and realize that more than ever, our electricity in Quebec is precious,” Legault said.
--------
On health care, Legault repeated his call on the federal government to increase its share of funding.
“We need help from the federal government,” Legault said, noting that health expenses for all provinces are rising five to six per cent yearly because of an aging population, adding that the federal government only funds 22 per cent of health costs in the province.
“We are reasonable, we say the federal government should go from 22 per cent to 35 per cent
Read it all here
https://toronto.citynews.ca/2022/11/30/economy-and-identity-quebec-premier-delivers-inaugural-speech-of-43rd-legislature/
and not only that, Quebec wants more money from the federal government to pay for their health care!
Quebec premier delivers inaugural speech of 43rd legislature
Nov 30, 2022 The Canadian Press
"Legault said the province will need the equivalent of half the total output of Hydro-Québec — 100 terawatt hours more — by 2050 to meet the province’s energy demands, adding that government must consider building new dams to do so, something that can take up to 15 years.
“So we need in the next mandate to have a real societal debate on how we will get this 100 terawatt hours and realize that more than ever, our electricity in Quebec is precious,” Legault said.
--------
On health care, Legault repeated his call on the federal government to increase its share of funding.
“We need help from the federal government,” Legault said, noting that health expenses for all provinces are rising five to six per cent yearly because of an aging population, adding that the federal government only funds 22 per cent of health costs in the province.
“We are reasonable, we say the federal government should go from 22 per cent to 35 per cent
Read it all here
https://toronto.citynews.ca/2022/11/30/economy-and-identity-quebec-premier-delivers-inaugural-speech-of-43rd-legislature/
Stevepick XL
01.12.2022 kl 18:27
24156
Mc Axel er fremdeles aktiv hauser . Synes det er merkelig at kursen fremdeles er så høy, det er jo ingenting positivt rundt selskapet og en gass avtale med Québec og Europa vil som sagt aldri skje..
Sunrise
01.12.2022 kl 21:08
23826
Hvorfor er du så sikker på det ikke kommer noen avtale EU og Canada, Stevepick. Det er da andre skribenter her med meget god innsikt (f.eks "minsin") som mener at det foregår forhandlinger fortsatt. Men ja, det hadde vært fint å fått noe fra offisielt hold om at det foregår ting. Enn så lenge sperrer Bill 21 for det meste.
Redigert 01.12.2022 kl 21:10
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risksøker
02.12.2022 kl 09:51
23377
Så hva er de Legault mener med dette er det utvinning av gas han mener?
"Legault said the province will need the equivalent of half the total output of Hydro-Québec — 100 terawatt hours more — by 2050 to meet the province’s energy demands, adding that government must consider building new dams to do so, something that can take up to 15 years.
“So we need in the next mandate to have a real societal debate on how we will get this 100 terawatt hours and realize that more than ever, our electricity in Quebec is precious,” Legault said.
De lever i sin egen verden i Quebec det mest viktige er det franske språket og vi har krig i europa etc.
"Legault said the province will need the equivalent of half the total output of Hydro-Québec — 100 terawatt hours more — by 2050 to meet the province’s energy demands, adding that government must consider building new dams to do so, something that can take up to 15 years.
“So we need in the next mandate to have a real societal debate on how we will get this 100 terawatt hours and realize that more than ever, our electricity in Quebec is precious,” Legault said.
De lever i sin egen verden i Quebec det mest viktige er det franske språket og vi har krig i europa etc.
MC Axel
02.12.2022 kl 13:59
23094
I thought the same as you, does he possibly mean LNG?
Yes, it's strange when the only thing Legault has to think about is the French language and nothing else
Yes, it's strange when the only thing Legault has to think about is the French language and nothing else
minsin
02.12.2022 kl 14:19
23017
Fri 02 Dec
MEETING
Ottawa, ON
Canada
Mr Valdis Dombrovskis meets the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development of Canada
Valdis Dombrovskis
https://twitter.com/euincanada
https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ceta-aecg/ceta_governance_committees-gouvernance_aecg_comites.aspx?lang=eng
MEETING
Ottawa, ON
Canada
Mr Valdis Dombrovskis meets the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development of Canada
Valdis Dombrovskis
https://twitter.com/euincanada
https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ceta-aecg/ceta_governance_committees-gouvernance_aecg_comites.aspx?lang=eng
Redigert 02.12.2022 kl 14:27
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solid1
02.12.2022 kl 14:47
22919
Topp info. 😊🥂
Ha en trivelig helg.
(mulig derfor noen kjøpte en halv mill aksjer i dag i en handel)
Ha en trivelig helg.
(mulig derfor noen kjøpte en halv mill aksjer i dag i en handel)
Redigert 02.12.2022 kl 14:55
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minsin
02.12.2022 kl 14:49
22908
forøvrig var det ett møte 8 Nov
Ser dere nærmere deltakerlisten
Så er Repsol, New-Brunswick , og Port Saint-John representert godt( 10-16 pst av møtedeltakerne)
- Ingen tvil i at EU diskuterer med Canada om Eksport av LNG over St.John
Mye kan også Legualt kommer med nye LNG/Bill 21 utspill , nå som han innrømmer at de har ett energi problem i Quebec og at utbygging av vannkraft tar for lang tid.
Da er faktisk LNG det beste og eneste alternativet han har !
https://www.canadaeurope.eu/event/eu-canada-business-summit-2022/
Ser dere nærmere deltakerlisten
Så er Repsol, New-Brunswick , og Port Saint-John representert godt( 10-16 pst av møtedeltakerne)
- Ingen tvil i at EU diskuterer med Canada om Eksport av LNG over St.John
Mye kan også Legualt kommer med nye LNG/Bill 21 utspill , nå som han innrømmer at de har ett energi problem i Quebec og at utbygging av vannkraft tar for lang tid.
Da er faktisk LNG det beste og eneste alternativet han har !
https://www.canadaeurope.eu/event/eu-canada-business-summit-2022/
Redigert 02.12.2022 kl 14:50
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Peter Sellers
02.12.2022 kl 15:00
22858
@minsin,
Europeisk visepresident Dombrovskis besøker Canada for å utdype forholdet mellom EU og Canada og utvikle potensialet til CETA
01.12.2022 Presse- og informasjonsteamet til delegasjonen til CANADA
Valdis Dombrovskis, Executive Vice-President og Commissioner for Trade, reiser til Canada i dag for å møte sine kolleger og diskutere de transatlantiske relasjonene, støtten til Ukraina og implementeringen av EU-Canada Comprehensive Economic and Trade Agreement (CETA).
I år markerer femårsjubileet for den foreløpige anvendelsen av CETA, ryggraden i det politiske, handelsmessige og økonomiske partnerskapet mellom EU og Canada. Takket være CETA har toveishandelen med varer mellom EU og Canada økt med 31 % de siste fem årene og nådd 60 milliarder euro.
Besøket inkluderer stopp i Montreal og Ottawa. I dag vil konserndirektøren møte Mary Ng, minister for internasjonal handel, eksportfremme, småbedrifter og økonomisk utvikling, hos Nano One, et teknologiselskap. Senere vil EVP møte visestatsminister Chrystia Freeland.
Fredag deltar EVP Dombrovskis i CETA Joint Committee sammen med minister Ng. EVP Dombrovskis og minister Ng vil også holde et bilateralt møte, etterfulgt av en pressekonferanse. De vil diskutere måter å utdype fremtidig samarbeid under CETA, spesielt undersøke hvordan man kan samarbeide enda mer på områder som energisikkerhet, grønne teknologier og råvarer. EVP vil også møte kanadiske og EU-bedriftsforeninger under besøket.
Pressekonferanse Dato: 2. desember 2022 Tid: 14:30 ET (20:30 CET) Sted: Rom 200 Sir John A. Macdonald Building 144 Wellington Street Ottawa, Ontario
https://www.eeas.europa.eu/delegations/canada/european-executive-vice-president-dombrovskis-visits-canada-deepen-eu-canada_en?s=220
Europeisk visepresident Dombrovskis besøker Canada for å utdype forholdet mellom EU og Canada og utvikle potensialet til CETA
01.12.2022 Presse- og informasjonsteamet til delegasjonen til CANADA
Valdis Dombrovskis, Executive Vice-President og Commissioner for Trade, reiser til Canada i dag for å møte sine kolleger og diskutere de transatlantiske relasjonene, støtten til Ukraina og implementeringen av EU-Canada Comprehensive Economic and Trade Agreement (CETA).
I år markerer femårsjubileet for den foreløpige anvendelsen av CETA, ryggraden i det politiske, handelsmessige og økonomiske partnerskapet mellom EU og Canada. Takket være CETA har toveishandelen med varer mellom EU og Canada økt med 31 % de siste fem årene og nådd 60 milliarder euro.
Besøket inkluderer stopp i Montreal og Ottawa. I dag vil konserndirektøren møte Mary Ng, minister for internasjonal handel, eksportfremme, småbedrifter og økonomisk utvikling, hos Nano One, et teknologiselskap. Senere vil EVP møte visestatsminister Chrystia Freeland.
Fredag deltar EVP Dombrovskis i CETA Joint Committee sammen med minister Ng. EVP Dombrovskis og minister Ng vil også holde et bilateralt møte, etterfulgt av en pressekonferanse. De vil diskutere måter å utdype fremtidig samarbeid under CETA, spesielt undersøke hvordan man kan samarbeide enda mer på områder som energisikkerhet, grønne teknologier og råvarer. EVP vil også møte kanadiske og EU-bedriftsforeninger under besøket.
Pressekonferanse Dato: 2. desember 2022 Tid: 14:30 ET (20:30 CET) Sted: Rom 200 Sir John A. Macdonald Building 144 Wellington Street Ottawa, Ontario
https://www.eeas.europa.eu/delegations/canada/european-executive-vice-president-dombrovskis-visits-canada-deepen-eu-canada_en?s=220
minsin
02.12.2022 kl 19:03
22309
Ingenting er pågang utover det nærmer seg handlinger i forhold til Bill21, utpå nyåret.
Muligens ser vi veldig tidlig tegn på at quebec og legualt , angrer litt på utformingen av Bill 21 ..
De som var skuffet over q3 har solgt seg ut .. nå gjenstår kjøpere som har tro på qec videre prosess...
Holder en knapp på at qec kan bi årets jule- og nyttårs rakett
"Noe" er pågang når omsettningen ti-dobbles fra dagens 4 mill nok
Muligens ser vi veldig tidlig tegn på at quebec og legualt , angrer litt på utformingen av Bill 21 ..
De som var skuffet over q3 har solgt seg ut .. nå gjenstår kjøpere som har tro på qec videre prosess...
Holder en knapp på at qec kan bi årets jule- og nyttårs rakett
"Noe" er pågang når omsettningen ti-dobbles fra dagens 4 mill nok
Redigert 02.12.2022 kl 19:05
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Elly
03.12.2022 kl 01:06
21774
MC Axel
04.12.2022 kl 16:54
20968
should it not succeed in obtaining a limited extraction agreement, then compensation becomes a serious issue. Then I think we will get a similar settlement as in the Anticosti settlement
"A Superior Court judge was appointed last month to separately manage all the claims related to Bill 21 and a hearing date should be set shortly.”
https://financialpost.com/globe-newswire/questerre-reports-third-quarter-2022-results
"A Superior Court judge was appointed last month to separately manage all the claims related to Bill 21 and a hearing date should be set shortly.”
https://financialpost.com/globe-newswire/questerre-reports-third-quarter-2022-results
MC Axel
05.12.2022 kl 09:14
20321
It seems to me that there is a lot going on behind the scenes these days regarding LNG from Canada to the Germans. If nothing happens soon, it will be too late and the lawsuits will begin
P.S.
Questerre up +13.64% in Toronto on Friday
Bloomberg: Business News Daily
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QEC:CNToronto
Questerre Energy Corp
COMPANY INFO
0.25 CAD
+0.03 +13.64%
MARKET CLOSED
AS OF 12/02/2022 EDT
https://www.bloomberg.com/quote/QEC:CN
P.S.
Questerre up +13.64% in Toronto on Friday
Bloomberg: Business News Daily
Before you change the world. Bloomberg.
Install
Skip To Content
Subscribe
QEC:CNToronto
Questerre Energy Corp
COMPANY INFO
0.25 CAD
+0.03 +13.64%
MARKET CLOSED
AS OF 12/02/2022 EDT
https://www.bloomberg.com/quote/QEC:CN
Redigert 05.12.2022 kl 09:25
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Peter Sellers
05.12.2022 kl 09:45
20220
@MCA, but you "forgot" to add the incredible volum, so there is no reason to pay attention to Toronto for the moment!!
VOLUME
85,918
VOLUME
85,918
Sunrise
05.12.2022 kl 10:05
20102
Men nå ble det ihvertfall fart på OSE. Noen som vil spekulere i årsak?
tuja
05.12.2022 kl 10:09
20077
Tja, hva med avtale om eksport av LNG mellom Canada og EU? Og forandring av skriften i bill21? Kom ivertfall litt volum.