Questerre Energy, an Alberta-based company, revealed its identity in a press release on Monday as it finalizes negotiations with the Nova Scotia government for onshore gas exploration rights in the Cumberland Basin of northern Nova Scotia. The company’s CEO, Michael Binnion, expressed their commitment to establishing relationships in Nova Scotia and supporting the province’s energy security initiatives led by Premier Tim Houston. Questerre was chosen by the province from four proposals, with Dalhousie University playing a key role in the selection process. This move aligns with the province’s aim to enhance natural resource development through initiatives like the subsurface energy investment program overseen by Dalhousie University.
Questerre’s expertise spans various regions, including Jordan, Utah, western Alberta, Saskatchewan, Manitoba, and Quebec, where they have a significant natural gas discovery in the Quebec Utica shale. Despite challenges due to existing bans on oil and gas activities in Quebec, the company remains optimistic about its potential ventures in Nova Scotia. Negotiations between Questerre and Nova Scotia’s Energy Department are ongoing, with the company emphasizing its experience and capabilities in exploring new basins.
While Questerre’s entry into Nova Scotia signals opportunities for growth, concerns have been raised by groups opposed to fracking, such as the Nova Scotia Fracking Resource and Action Coalition, regarding Binnion’s association with the Modern Miracle Network. The network, founded by Binnion, advocates for the appreciation of hydrocarbons’ role in modern society.
As discussions progress between Questerre and the Nova Scotia government, the company officials have not provided additional comments. The evolving situation reflects the complexities of balancing economic development with environmental considerations in the energy sector.