Calgary, Alberta - 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 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 was introduced under Bill 69, An Act to ensure the responsible
governance of energy resources and to amend various legislative provisions,
adopted in June 2025. It establishes Quebec's long-term policy directions,
objectives and targets for electricity and natural gas supply, energy
infrastructure and innovation.
The PGIRE is available online at:
https://www.quebec.ca/gouvernement/ministeres-organismes/economie/publications/p
lan-ressources-energetiques.

Questerre is an energy technology and innovation company focused on responsibly
developing oil and gas resources. The Company holds a significant natural gas
discovery in the Quebec Utica shale, widely recognized as one of the most
important undeveloped natural gas resources in Eastern Canada. The Company
believes society can successfully transition its energy portfolio. With new
clean technologies and innovation to responsibly produce and use energy, society
can sustain both human progress and the natural environment.

Questerre is a believer that the future success of the energy 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:

Bjorn Inge Tonnessen, Chairman
Hans Jacob Holden, Preferred Director 
Jason D'Silva, Chief Financial Officer
Questerre Energy Corporation
Telephone: +1.403.777.1185 | Fax: +1.403.777.1578 | 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") within the meaning of
applicable securities laws in Canada. Any statements about Questerre's
expectations, beliefs, plans, goals, targets, predictions, forecasts,
objectives, assumptions, information and statements about possible future
events, conditions and results of operations or performance are not historical
facts and may be forward-looking. Forward-looking information is often, but not
always, made through the use of words or phrases such as "anticipates", "aims",
"strives", "seeks", "believes", "can", "could", "may", "predicts", "potential",
"should", "will", "estimates", "plans", "mileposts", "projects", "continuing",
"ongoing", "expects", "intends" and similar words or phrases suggesting future
outcomes. Forward-looking information in this news release includes but is not
limited to the Company's views on the significance of this natural gas discovery
in Quebec, as a shovel-ready opportunity to strengthen energy security, reduce
dependence on imports and supply locally produced natural gas with a lower
emissions footprint.

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. Current
conditions, economic and otherwise, render assumptions, although reasonable when
made, subject to greater uncertainty. Undue reliance should not be placed on
forward-looking information as actual results may differ materially from those
expressed or implied by forward-looking information.

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 following risk factors: : the timing and ability to
achieve a successful development or settlement outcome to the Quebec litigation,
additional funding requirements; exploration, development, and production risks;
volatility in the oil and gas industry; prices, markets, and marketing of crude
oil and natural gas; liquidity and the Company's substantial capital
requirements; political uncertainty; non-government organizations; changing
investor sentiment; global financial market volatility; adverse economic
conditions; alternatives to and changing demand for petroleum products;
environmental risks; regulatory risks; inability of management to execute its
business plan; competition from other issuers; expiration of licenses and
leases; Indigenous claims; possible failure to realize anticipated benefits of
acquisitions; and reputational risks.

Additional information regarding some of these risks, expectations or
assumptions and other risk factors may be found in the Company's Annual
Information Form for the year ended December 31, 2025, and other documents
available on the Company's profile at www.sedarplus.ca. Readers are 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.
akes 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.\