Qwest Energy 2005-II Flow-Through Limited Partnership

Qwest Energy 2005-II Flow-Through Limited Partnership

July 12, 2005 18:20 ET

Qwest Energy 2005-II Flow-Through Limited Partnership: Announces Closing Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 12, 2005) - Qwest Energy is pleased to announce that Qwest Energy 2005-II Flow-Through Limited Partnership completed the final closing of its public offering of partnership units on July 12, 2005. The Partnership issued 269,094 Partnership Units for gross proceeds of $6,727,350. When combined with the results of its initial closing on June 21, 2005, a total aggregate of 1,200,000 Partnership Units were sold under the Partnership's prospectus dated June 6, 2005 for total gross proceeds of $30 million.

Agents

Agents for the Offering were Dundee Securities Corporation, Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., Canaccord Capital Corporation, Berskshire Securities Inc., GMP Securities Ltd., Raymond James Ltd., Wellington West Capital Inc., Bieber Securities Inc., First Associates Investments Inc. and HSBC Securities (Canada) Inc.

Offering Jurisdictions

British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador.
Qwest Energy is an oil and gas investment management company focused on identifying and delivering Canadian oil and gas investment opportunities to investors.

Qwest Energy 2005-II Flow-Through Limited Partnership

by its General Partner, Qwest Energy 2005-I Flow-Through Management Corp.

Maurice Levesque, Director

Hugh Cartwright, Director

Contact Information

  • Qwest Energy Corp.
    Cindy Bower
    Manager, Business Development & Client Services
    (604) 602-1142 or 1-866-602-1142
    cbower@qwestenergy.com