Calgary, Alberta -- Questerre Energy Corporation ("Questerre" or the "Company")
(TSX,OSE:QEC) reported today on the case management conference held earlier this
week in Quebec related to Bill 21, An Act mainly to end petroleum exploration
and production and the public financing of those activities ("Bill 21").

The Attorney General of Quebec's summary motion to dismiss the claims by
Questerre and other license holders was deferred by the appointed Justice until
the hearing on the merits of the case to be scheduled next year. The Justice
also accepted the Government's undertaking to suspend any enforcement actions
until the next hearing tentatively scheduled for the fourth quarter of this
year.

Michael Binnion, President and Chief Executive Officer of Questerre, commented,
"We are pursuing a political and business solution in Quebec. We believe our
proposed Scope 3 zero emissions energy hub in Quebec could play a role in
supporting the transition of Quebec's economy to a low emissions future."

He added, "With the largest utility in the province recently recommending
residential and business customers reduce their consumption, the electricity
shortage in the province is becoming more apparent. The stay granted by the
justice allows for an orderly discussion of energy policy in Quebec."

Questerre is an energy technology and innovation company. It is leveraging its
expertise gained through early exposure to low permeability reservoirs to
acquire significant high-quality resources. We believe with emerging technology
we can successfully transform our energy portfolio to be competitive with
alternative energy on an environmental basis. With new clean technologies and
innovation to responsibly produce and use energy, we can sustain both human
progress and our natural environment. 

Questerre is a believer that the future success of the oil and gas industry
depends on a balance of economics, environment, and society. We are committed to
being transparent and are respectful that the public must be part of making the
important choices for our energy future.
For further information, please contact:

Questerre Energy Corporation
Jason D'Silva, Chief Financial Officer
(403) 777-1185 | (403) 777-1578 (FAX) |Email: info@questerre.com

Advisory Regarding Forward-Looking Statements

This news release contains certain statements which constitute forward-looking
statements or information ("forward-looking statements") including the Company's
desire for a political and business solution to its dispute with the Government
of Quebec, its belief that its project could play a role in supporting Quebec's
energy transition, its view that the stay granted by the justice permits an
ordering discussion of energy policy in Quebec.

Forward-looking statements are based on several material factors, expectations,
or assumptions of Questerre which have been used to develop such statements and
information, but which may prove to be incorrect. Although Questerre believes
that the expectations reflected in these forward-looking statements are
reasonable, undue reliance should not be placed on them because Questerre can
give no assurance that they will prove to be correct. Since forward-looking
statements address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Further, events or circumstances may
cause actual results to differ materially from those predicted as a result of
numerous known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company, including, without limitation: the
implementation of Bill 21 by the Government of Quebec and certain other risks
detailed from time-to-time in Questerre's public disclosure documents.
Additional information regarding some of these risks, expectations or
assumptions and other factors may be found under in the Company's Annual
Information Form for the year ended December 31, 2022, and other documents
available on the Company's profile at www.sedar.com. The reader is cautioned not
to place undue reliance on these forward-looking statements. The forward-looking
statements contained in this news release are made as of the date hereof and
Questerre undertakes no obligations to update publicly or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, unless so required by applicable securities laws.