Utica Shale in Québec
Hope springs eternal at Questerre Energy, a Canadian driller that owns more than 1 million acres of leases and an estimated 6 Tcf of Utica Shale reserves in the province of Québec, Canada. What's that? You didn't realize the Utica Shale stretches that far north? It does! However, Québec, with a huge supply of Utica Shale gas sitting beneath it, passed a new law in 2022 outlawing all oil and natural gas production throughout the province, called Bill 21 (see Quebec Pulls Trigger & Commits Energy Suicide – Bans All O&G Prod.). It was a breathtaking grab of totalitarian power. Questerre has tried both carrot (encouraging the province to rethink its ban) and stick (suing Québec). So far, neither has worked. However, Québec recently issued its Integrated Energy Resource Management Plan (PGIRE) that says nice things (sort of) about natural gas.
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