Qwest Energy 2007-II Flow-Through Limited Partnership

Qwest Energy 2007-II Flow-Through Limited Partnership

November 16, 2007 12:56 ET

Qwest Energy 2007-II Flow-Through Limited Partnership Final Closing Announcement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2007) - Qwest Investment Management Corp. is pleased to announce that Qwest Energy 2007-II Flow-Through Limited Partnership (the "Partnership") completed the final closing of its public offering of Partnership Units on November 16, 2007. The Partnership raised a total of $21,342,875 (853,715 Units of the Partnership) for investment in flowthrough shares issued by oil and gas companies, as well as shares in the mining and alternative energy sectors. Qwest expects the Partnership's investors will receive a tax deduction of 100% for the 2007 taxation year on the amount of their investment in the Partnership.

Agents for the Partnership

Dundee Securities Corporation, CIBC World Markets Inc., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, Raymond James Ltd., Wellington West Capital Inc., GMP Securities L.P., Berkshire Securities Inc., HSBC Securities (Canada) Inc. and Bieber Securities Inc.

About Qwest

Qwest Investment Management Corp. is an investment management firm which specializes in identifying, structuring and managing investment products. Qwest Investment Management is currently focused on investments in the natural resource sector.

Contact Information