Michael Binnion
GET UPDATES FROM Michael Binnion
 
Michael Binnion is the President and founding shareholder of Questerre Energy, a public oil and gas production company operating in Quebec. Questerre and its predecessor have been pioneers in natural gas exploration in Quebec for the last twenty years.
Mr. Binnion is a seasoned entrepreneur with a history of starting, financing and managing companies, primarily in the oil and gas sector. From 1996 to 2000 he was President of CanArgo Energy, one of the first Western companies to engage in oil and gas exploration in the Republic of Georgia. He played an active role in helping introduce legislation and a regulatory framework for the oil and gas industry in the country.
Recognized internationally for his expertise in modern resource extraction technology, he presents at numerous conferences each year.

Entries by Michael Binnion

Hidden Influence - The Natural Gas Fight in Quebec

(0) Comments | Posted January 15, 2014 | 10:53 AM

The Quebec Commission recently published a report on lobbyists.

One of their key recommendations is based on an idea out of the blue: the idea that everyone who lobbies is a lobbyist. The Commission exposes that the very same people, who constantly repeat how industry has dozens...

Read Post

'Would You Live By A Gas Well?' - The Ultimate 'Gotcha!' Question

(1) Comments | Posted October 3, 2013 | 5:18 PM

The question 'would you live by a gas well?' is designed to be a 'gotcha' question. The presumption that oil and gas people who obviously understand their own industry best, would therefore never live by an oil and gas well. It is another example of the gross misunderstanding our industry...

Read Post

Quebec Energy Policy: The Need for a Balanced Energy Diet

(1) Comments | Posted October 3, 2013 | 5:15 PM

The Quebec Government announced that it will update its energy policy. Public consultations are already underway. The Government also announced a commission to study ways to reduce greenhouse gas emissions.

We welcome the Government's announcements. The discovery of huge amounts of oil and natural gas in North America created a...

Read Post

French in 30 days

(0) Comments | Posted October 3, 2013 | 5:10 PM

I learned French in 30 days. Well not really. It's probably fairer to say I'm still trying to perfect my English.

Over two years ago I embarked on a tour of Quebec to give translated presentations on our industry to what was then quite a hostile population. Unexpectedly these presentations,...

Read Post

Tranfer Payments: Quebec Resource Development Penalized

(0) Comments | Posted April 10, 2013 | 2:43 PM

The Minister of Finance for Quebec issued his economic and financial update on March 28,2013. He says there is basically no problem because a loss of tax and royalty revenue is offset by increases in equalization.

It seems to me the Quebec budget actually exposes a huge...

Read Post

Déjà Vu, All Over Again

(2) Comments | Posted April 10, 2013 | 2:39 PM

I really thought the conversation on local natural gas development had moved beyond the mania of an availability cascade in Quebec. Everyone tells me I am optimistic and last week's report in La Presse proves them right.

I remember the following statements over the past few years in...

Read Post

Shale Gas In Quebec: National Debates are for Everyone

(0) Comments | Posted April 10, 2013 | 2:33 PM

A recent study lays the blame for the lack of success of shale gas in Quebec at industry's home page. A Canadian Press article more or less agrees. While the study makes many good points it completely misses this one: it avoided mentioning that others avoided...

Read Post

The Theft of the Century - And Oil and Gas Exploration in Quebec

(0) Comments | Posted March 7, 2013 | 3:04 PM

Some people are calling the deal that transferred exploration licenses from Hydro Quebec to two Quebec junior oil and gas companies 'the theft of the century'. The terms of the deal are private.

One President said he negotiated hard to get a good deal and he was satisfied with the...

Read Post

Orwell's Animal Farm in the St Lawrence

(2) Comments | Posted February 15, 2013 | 10:31 AM

"All contracts are legal but some contracts are more legal than others".

After ten years of industry exploration and hundreds of millions of dollars of investment the Government is for a third time changing the rules of the game and ripping up their written contractual promises. Legislation is to be...

Read Post

Oil And Gas In Quebec: Why No Video?

(0) Comments | Posted February 4, 2013 | 11:25 AM

You may have heard about Petrolia having troubles drilling their well in the Gaspe due to special new rules made by the municipality.

It shouldn't be a surprise that a municipality decided to make its own rules. The Government of Quebec won't tell anyone how it works or what the...

Read Post

BAPE Independence As Advantagious To Quebec As Shale Gas

(0) Comments | Posted January 22, 2013 | 3:02 PM

The decision of the past Government of Quebec to reverse course and order a BAPE review was a financial disaster for Questerre and others. Having lost much of our stock value due to well delays, we lost most of the balance, when the BAPE stunned us with its recommendations.

...
Read Post

'Promised Land' Portrays Farmers as Dupes

(0) Comments | Posted January 9, 2013 | 4:56 PM

I think the underlying premise of Matt Damon's new fictional account on the impacts of fracking is insulting to farmers. Well its pretty insulting to oil and gas people too, but other than my mom no one is going to feel sorry about that.

The premise is farmers are vulnerable...

Read Post

Top 10 Things We Can All Agree On

(0) Comments | Posted January 4, 2013 | 10:32 AM

All this talk of 4,000 Quebecers signing a petition committing to civil disobedience is exciting. Living with a false sense of conflict is stimulating. Debunking the allegations of the bloqueux about local natural gas development is entertaining. It makes me hate to ruin everyone's fun with my New Year's wish...

Read Post

Christmas 2 Years Later: The Potential For Shale Oil in Quebec

(0) Comments | Posted December 20, 2012 | 4:45 PM

My first blog was December 22, 2010 which was called "Even Norwegians Not Welcome?". It talked about how our Company is primarily financed by and owned by shareholders in Norway. I thought it strange at the time that Quebec who has so much in common with Norway would...

Read Post

What's In Your Heart?

(1) Comments | Posted December 12, 2012 | 1:21 PM

What's in your heart?

According to an old Dutch friend of mine, there is a Dutch saying that goes "what you say is what's in your heart". Basically it means what you say about other people can be a sign of what you yourself believe and how you behave. For...

Read Post