Questerre Energy closes Kakwa Central asset sale for $23.5 million. The Calgary-based oil and gas company has successfully completed the previously announced sale of its non-operated minority working interest in the Kakwa Central assets, effective May 1, 2026. The transaction includes a cash payment of $23.5 million along with the assumption of decommissioning liabilities and the company's commitments under firm transportation and processing contracts. This divestment allows Questerre to streamline its portfolio and focus on its significant natural gas discovery in the Quebec Utica shale, recognized as one of Eastern Canada's most important undeveloped natural gas resources. The sale reflects the company's strategic shift toward responsible energy development and innovation in the sector.
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