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Questerre Energy Rises Most in a Month After Posting Profit

Questerre Energy Corp. (QEC), a shale-gas drilling company in North America, rose the most in a month in Oslo trading after reporting a profit in the second quarter.

Questerre climbed 8.1 percent, the biggest one-day gain since July 8, to close at 4.70 kroner as of 5:30 p.m. Oslo time.

The company reported net income of C$4.94 million in the quarter, compared with a net loss of C$4.54 million a year earlier, according to a statement from the Calgary-based driller.

To contact the reporter on this story: Amanda Jordan in London at ajordan11@bloomberg.net

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net

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