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Questfire Energy Corp. Announces 2016 Financial Results and Files Its Annual Information Form

April 27, 2017 via Globenewswire Tagged With: TSX VENTURE:Q.A, TSX VENTURE:Q.B

CALGARY, ALBERTA–(Marketwired – April 26, 2017) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS

Questfire Energy Corp. (the “Corporation” or “Questfire”) (TSX VENTURE:Q.A) is pleased to announce that it has filed on SEDAR its audited financial statements, related management’s discussion and analysis (“MD&A”) and Annual Information Form (AIF) for the year ended December 31, 2016. Included in the AIF are the Corporation’s reserves data and other oil and gas information as of December 31, 2016 as prepared by GLJ Petroleum Consultants Ltd. (GLJ), the Corporation’s independent reserves evaluator. The evaluation was prepared in accordance with National … Continue Reading

Questfire Announces December 31, 2016 Corporate Reserves

March 21, 2017 via Globenewswire Tagged With: TSX VENTURE:Q.A, TSX VENTURE:Q.B

CALGARY, ALBERTA–(Marketwired – March 21, 2017) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Questfire Energy Corp. (the Corporation or Questfire) (TSX VENTURE:Q.A) is pleased to announce the results of its independent reserves evaluation effective as of December 31, 2016 as prepared by GLJ Petroleum Consultants Ltd. (GLJ), the Corporation’s independent qualified reserves evaluator. The evaluation was prepared in accordance with reserves definitions, standards and procedures contained in National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities (NI 51-101) and the Canadian Oil and Gas Evaluation Handbook. The financial, netback and production … Continue Reading

Questfire Energy Corp. Announces Credit Facility Amendment to May 31, 2017

December 17, 2016 via Globenewswire Tagged With: TSX VENTURE:Q.A, TSX VENTURE:Q.B

CALGARY, ALBERTA–(Marketwired – Dec. 16, 2016) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Questfire Energy Corp. (the “Corporation” or “Questfire“) (TSX VENTURE:Q.A) is pleased to announce that the Corporation and its syndicate of lenders have agreed to amend the terms of its bank facility, with such amended bank facility to have the following material provisions:

  • a revised maturity date to May 31, 2017;
  • the revised borrowing base consisting of: (1) a $5 million operating facility; (2) a $23 million syndicated facility; and (3) a $9.5 million supplemental facility;
  • the supplemental facility is non-revolving (any repayment
  • … Continue Reading

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