Canada’s Questerre Energy Set to Develop Shale Oil Resources in Jordan

Jordanian cabinet on Sunday gave the green light for signing a memorandum of understanding (MoU) with Canada’s Questerre Energy Corp to exploit shale oil in southern Jordan, reported official Petra News Agency.

The deal is part of the government's endeavour to develop unconventional, local energy resources in order to reduce dependence on imported oil.

The Canadian company has expressed its interest to develop the shale oil distillation project in the southern Jafr region, which has estimated reservoirs of two billion barrels of crude shale oil, Petra said.

The firm will carry out an initial assessment of the area of interest and offer proposals about the stages of the project as well as technical details, including geology, mining, etc.