So there are a couple emails I got back...one was in regards to how a takeover works etc...and here is the answer I got back...

[The results were from an acid stimulation in a dolomite (carbonate)
interval in the shale horizon. The interval is over pressured and a
fracture stimulation is likely not required as it would be in a shale
interval. The key to this play is seeing how much contribution comes
from the shale after the gas in the dolomite interval is completely
produced. The number and type of fracs will depend on the production
profile of this well over time.

It's still early days on this play and wells/sq. mile will eventually
based on what we see in this well eg. will horizontal wells with acid in
the dolomite interval result in better recovery than horizontals with
frac's in another interval in the shale. We have two-three other wells
that can be tested for this same interval and are reviewing these for
possible operations next summer. The 1 Tcf per square mile is based on an analysis of the core and cuttings samples from wells drilled here.]

The other was in regards to the Liard shale and just some general details about it, being that we don't know as much as we do their other plays...so here that is...

[If a company makes an offer it has to be approved by all the
shareholders of the company at a special meeting. The statutory time
limit for accepting the offer is 35 days.

If the company receives an unsolicited offer, it tries to solicit other
bids to ensure that it receives the best possible value for the company.

I'm not sure a major would want to acquire only our Quebec acreage as it
would trigger some significant tax consequences for Questerre. It would
be better for them to acquire the whole company and then sell off the
assets they were not interested in.

Jason]

Rocco:)