Qwest Energy II Limited Partnership

Qwest Energy II Limited Partnership
Qwest Energy Development III Limited Partnership

Qwest Energy Development III Limited Partnership
Qwest Energy Income Development Limited Partnership

Qwest Energy (2001) Limited Partnership

June 14, 2005 18:07 ET

Qwest Energy Holds Previously Announced Meeting to Vote on Rock Energy Inc.'s Offer to Purchase Oil and Gas Properties

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 14, 2005) - Qwest Energy is pleased to announce that it held meetings today of Limited Partners for Qwest Energy II Limited Partnership and Qwest Energy Development III Limited Partnership to vote on Rock Energy Inc.'s ("Rock Energy") Offer to purchase the oil and gas properties of the Limited Partnerships. Limited Partners for Qwest Energy 2001 Limited Partnership and Qwest Energy Income Development Limited Partnership had previously accepted the Rock Energy Offer on May 31, 2005.

Results of Meetings of Limited Partners

Qwest Energy II Limited Partnership and Qwest Energy Development III Limited Partnership

- The resolutions to approve the Rock Energy Offer were approved by over 95% of the Limited Partners.

Timing and Procedure

The Limited Partners for all four drilling funds have now accepted the Rock Energy Offer. We are commencing the closing transactions with Rock Energy and expect this to be completed shortly.

About Rock Energy

Rock Energy is a Calgary, Alberta based TSX listed (symbol RE.TO) junior oil and gas company with a proven and respected executive management team (www.rockenergy.ca). Following the closing of the transaction it is expected that Rock Energy will have 19.6 million shares outstanding (basic) and total debt of $14.5 million.

Qwest Energy has structured the Agreements entered into with Rock Energy to provide the Qwest Drilling Fund LP Limited Partners with several attractive benefits including fair market value assets valuations, liquidity and capital appreciation potential through the Rock Energy shares to be issued to the Limited Partners.

Rock Energy's Executive Management team is lead by Mr. Allen Bey, President and CEO. Mr. Bey founded Avid Oil and Gas in 1996 and sold the company to Husky in 2001 for $160 million. Rock Energy's Board of Directors includes; Messrs. Stuart Clark, Chairman (Director of Storm Exploration and Focus Energy Trust), Allen Bey, President and CEO, Peter Malowany (Vice President Morgas Ltd.), Matthew Brister (President Storm Ventures Intl.) and James Wilson (Vice President Finance and CFO, Grizzly Resources Ltd.).


This press release contains forward-looking statements that involve known and unknown risks, uncertainties, assumptions and other factors, some of which are beyond Qwest Energy's control that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Qwest Energy believes that the expectations reflected in those forward-looking statements are reasonable at the time made but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of such information, as the case may be, and may be superseded by subsequent events. Qwest Energy does not intend, and does not assume any obligation, to update these forward-looking statements.

This press release contains references to barrels of oil equivalent (boe), boes maybe misleading, particularly if used in isolation. A boe conversion of 6 mcf to 1 barrel of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

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