Questerre to acquire Parana Xisto.

Questerre, an energy technology company, agreed to acquire PX Energy, a shale oil and refining company. Financial terms were not disclosed. “PX Energy has operated for over thirty years using technology developed by Petrobras. We believe the PX Energy platform will also provide us with the operational base, deep expertise, and capital foundation needed to advance the Red Leaf oil shale and biofuel technology to the next stage," Michael Binnion, Questerre President and CEO.