Questerre Energy
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Questerre Energy
Questerre Energy Corporation (QEC) is an international energy exploration company headquartered in Calgary, Canada, and listed on the Toronto Stock Exchange and the Oslo Stock Exchange. It holds the largest acreage position in the Utica Shale in the Saint Lawrence Lowlands. Questerre also have operations in Saskatchewan and in the Montney Formation in Alberta. Background Questerre is involved in the oil shale operations through its equity investment in Red Leaf Resources, an owner of proprietary EcoShale In-Capsule Technology for shale oil extraction and leases in Utah and Wyoming. The company was co-founded in 2000 by the Norwegian businessman Peder Paus and the Canadian businessman Michael Binnion. The largest shareholder for many years was Peder Paus, the company's Chairman until 2015. Binnion has served as CEO since the company's establishment and is now its largest shareholder. The company is included on the OBX Index since December 2017. It was also included on the ind ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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