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About Questfire

Diversified assets. Solid cash flow. Oil-focused operations.

Leadership

Questfire has a complete in-house management team comprising all of the technical, financial and management disciplines needed to operate and profitably grow an energy producer. The team has a strong track record of success in the formation, launch, growth and monetization of publicly-traded oil and natural gas companies.

Management team members have collectively drilled hundreds of wells, added tens of millions of boe in reserves, and achieved demonstrable creation of shareholder value. All of Questfire’s senior management team members have spent their entire careers in the oil and natural gas producing sector in western Canada. The six senior team members have more than 150 years’ combined industry experience.

Prior to forming Questfire, the management team founded, operated and sold Stonefire Energy Corp. Stonefire was launched as a driller of liquids-rich gas targets in the Alberta Deep Basin. From its initial public financing with zero production in early 2006, Stonefire grew to a peak rate of 1,400 boe per day within three years. In December 2009 Stonefire was sold to an intermediate producer for $75 million. This generated a return on investment to original investors of 127 percent, after tax, as well as positive after-tax returns to investors in each of Stonefire’s successive equity financings.

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