The audited consolidated financial statements ofQuesterre Energy Corporation for the year endedDecember 31, 2021 datedMarch 24, 2022 (the "Original Financial Statements") have been amended (the "Amended Financial Statements") to correct typographical errors in Note 9 Exploration and Evaluation Assets where the "undeveloped lease impairments" line has been corrected to$(103,874) instead of$0 and the "balance at the end of period" line corrected to$14,710 instead of$118,557 . The Amended Financial Statements do not update or restate the information contained in the Original Financial Statements.
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