Questerre to sell 23.5 mln share in private placement
OSLO Nov 20 (Reuters) - Energy firm Questerre will sell up to 23.5 million new shares directed at Norwegian and international institutional investors to fund its development of its liquids-rich Montney acreage in Alberta, Canada, it said on Wednesday.
The shares will be sold through a bookbuild and priced before 0700 GMT on Thursday, the company added.
The 23.5 million shares are worth about 185 million crowns ($30.38 million) at Wednesday's closing price on the Oslo bourse.
Pareto Securities AS, RS Platou Market AS and Swedbank First Securities are the managers and bookrunners of the placement.
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