Quebec confirms strategic role for natural gas in

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, July 16, 2026 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (OSE: QGAS) today commented on the Government of Quebec’s Integrated Energy Resource Management Plan (“PGIRE” or the “Plan”) for 2026–2050, published earlier this month. The Plan inventories the province’s future energy supply. It confirms that natural gas will remain part of Quebec’s energy mix and will play a strategic role as the province gradually decarbonizes its energy system.

The PGIRE states: “Natural gas remains part of the energy mix and will need to be decarbonized in a gradual and orderly manner. The ability to leverage natural gas distribution infrastructure to achieve decarbonization over time gives this energy

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source a strategic role.” Michael Binnion, President and Chief Executive Officer of Questerre, commented: “The Government has recognized that natural gas will remain an important part of Quebec’s energy system for decades. This is positive for our Utica natural gas discovery and confirms the continuing importance of reliable gas supply during the energy transition.” He added: “While the PGIRE does not mention the Utica gas discovery, polls show Quebecers prefer locally produced natural gas over imports from the United States. Our local natural gas would have a lower greenhouse-gas emissions footprint than the gas Quebec currently imports from the United States.” Questerre believes its Utica discovery offers Quebec a shovel-ready opportunity to strengthen energy security, reduce dependence on imports and supply locally produced natural gas with a lower emissions footprint. The PGIRE...

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