SOURCE: Quest Resource Corp.

December 05, 2007 12:03 ET

Quest Resource Corporation Hires Jack Collins as Executive Vice President of Investor Relations

OKLAHOMA CITY, OK--(Marketwire - December 5, 2007) - Quest Resource Corporation (NASDAQ: QRCP) announced today the appointment of Jack T. Collins as Executive Vice President of Investor Relations.

Collins has more than 11 years of experience providing analysis and advice to oil and gas industry investors. Most recently, he served as a securities analyst at A.G. Edwards & Sons, Inc., where he was responsible for initiating the firm's coverage of the high yield U.S. energy stock sector (exploration and production (E&P) partnerships and U.S. royalty trusts) after covering the independent E&P and oilfield service sectors of the energy industry.

"With the production growth we are experiencing in the Cherokee Basin, the completion of the initial public offering of Quest Energy Partners, L.P. (NASDAQ: QELP), and our planned merger with Pinnacle Gas Resources, Inc. (NASDAQ: PINN), I am excited about our outlook," Quest Chairman, President, and CEO Jerry Cash said. "Jack's experience and knowledge make him ideally suited to improve investor understanding of Quest's performance and objectives."

Collins holds a Bachelors degree in Economics with a Business Emphasis from the University of Colorado at Boulder.

About Quest Resource Corporation

Quest Resource Corporation is a fully integrated E&P company that operates more than 2,000 wells, an 1,800+ mile natural gas gathering system, over 1,100 miles of interstate gas transmission pipelines, and a fleet of completion equipment to meet its drilling and completion needs. Quest owns 100% of the general partner and 57% of the limited partner interests in Quest Energy Partners, L.P. (NASDAQ: QELP) and 85% of the general partner and 36% of the limited partner interests in Quest Midstream Partners, L.P. For more information, visit the Quest Resource website at www.qrcp.net.

Quest Energy Partners, L.P. (NASDAQ: QELP) was formed by Quest Resource Corporation to acquire, exploit and develop natural gas and oil properties and to acquire, own, and operate related assets. The Partnership is the largest producer of natural gas in the Cherokee Basin, which is located in southeast Kansas and northeast Oklahoma and holds a drilling inventory of nearly 2,300 locations. For more information, visit the Quest Energy Partners website at www.qelp.net.

Quest Midstream Partners, L.P. was formed by Quest Resource Corporation to acquire and develop transmission and gathering assets in the midstream natural gas and oil industry. The partnership owns more than 1,800 miles of natural gas gathering pipelines and over 1,100 miles of interstate natural gas transmission pipelines in and around the Cherokee Basin of southeast Kansas and northeast Oklahoma. For more information, visit the Quest Midstream Partners website at www.qmlp.net.

Forward-Looking Statements

Opinions, forecasts, projections or statements other than statements of historical fact, are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this announcement are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although Quest believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Actual results may differ materially due to a variety of factors, including without limitation: the uncertainty involved in exploring for and developing new natural gas reserves, the sale prices of natural gas and oil, labor and raw material costs, the availability of sufficient capital resources to carry out the Company's anticipated level of new well development and construction of related pipelines, environmental issues, weather conditions, competition, general market conditions, and other risks detailed in Quest's filings with the Securities and Exchange Commission. You can find Quest's filings with the Securities and Exchange Commission at www.qrcp.net or at www.sec.gov. By making these forward-looking statements, Quest undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • Company Contact:
    Jack Collins
    Investor Relations
    Phone: (405) 702-7460
    Website: www.qrcp.net