Questerre Energy Corporation reported over 3,000 boe per day production in Q2, 2025, with plans for a follow-up drilling program. Interest is growing in their natural gas discovery in Quebec, potentially supplying a thermal power plant. Despite lower prices, they had net cash from operations of $6.3 million and adjusted funds flow of $5 million.

Production volumes nearly doubled this year, averaging 3,091 boe/d in Q2. Revenue increased due to higher production and lower realized liquids prices. Net loss was $0.7 million for the quarter, with capital expenditures at $1 million. They had net working capital surplus of $13.2 million as of June 30, 2025.

Questerre is focusing on energy technology and innovation to transition their energy portfolio. They believe in a balance of economics, environment, and society for the future success of the oil and gas industry. They are committed to transparency and public involvement in shaping the energy future.

Adjusted funds flow from operations for Q2, 2025 was $5 million, with a working capital surplus of $13.2 million. Questerre uses these measures to evaluate its performance and ability to generate cash for operations. They consider adjusted funds flow from operations a key measure of their financial health.

Read more at GlobeNewswire: Questerre reports second quarter 2025 results