Questerre Energy Corp (Canada)
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Energy : Oil, Gas & Consumable Fuels | Small Cap Blend
Based in CanadaCompany profile

Questerre Energy Corp is a Canada-based company engaged in the acquisition, exploration, and development of oil and gas projects. The Company operates non-conventional projects, such as tight oil, oil shale, shale oil and shale gas. It holds assets in Alberta, Saskatchewan, Manitoba and Quebec in Canada, as well as in Utah in the United States. It has base production and reserves in the tight oil bakken/torquay of southeast Saskatchewan. It holds over 19,040 acres in the Kakwa-Resthaven area. The Company has interests in the Antler area, which is approximately 200 kilometers from Regina in southeast Saskatchewan. It has interests in the Lowlands, which are located in Quebec, south of the St. Lawrence River between Montreal and Quebec City. The primary target in this area is Utica shale. It is bringing on production from its lands in the high-liquids Montney shale fairway. Its oil shale assets include prospective acreage in Saskatchewan and Wyoming.

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Day's Change
0.00 (0.00%)
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ADTN LOSS NOTICE: ROSEN, A TOP RANKED LAW FIRM, Announces Investigation of Securities Claims Against ADTRAN, Inc. - ADTN

3:48 pm ET October 1, 2019 (BusinessWire) Print

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of ADTRAN, Inc. (NASDAQ: ADTN) resulting from allegations that ADTRAN may have issued materially misleading business information to the investing public.

On July 17, 2019, the Company announced "preliminary" earnings for second quarter 2019 due to its ongoing assessment of the reasonableness of its current and previously reported excess and obsolete inventory reserves ("E&O reserves").

On this news, the Company's share price fell $3.69 per share, over 23%, to close at $12.13 per share on July 18, 2019, injuring investors.

On August 12, 2019, the Company disclosed that it would be unable to timely file its quarterly financial report with the SEC. The Company also disclosed that certain material weaknesses in its internal control resulted in a misstatement of previously reported E&O reserves.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by ADTRAN investors. If you purchased shares of ADTRAN please visit the firm's website at http://www.rosenlegal.com/cases-register-1692.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191001006118/en/

SOURCE: The Rosen Law Firm, P.A.

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com 
pkim@rosenlegal.com 
cases@rosenlegal.com 
www.rosenlegal.com

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