Quest Resource Corporation Hires Thomas A. Lopus as Executive Vice President of Eastern Operations
07 July 2008 - 8:30PM
Marketwired
OKLAHOMA CITY, OK ("Quest") announced today the appointment of
Thomas A. Lopus as Executive Vice President - Quest Eastern
Resource. Lopus will be based in Pittsburgh, Pennsylvania and will
direct all of Quest's natural gas and oil exploration and
production activity in the Eastern United States.
With more than 27 years of experience in the oil and gas
industry, Lopus most recently served as Senior Vice President of
Eastern Operations for Linn Energy where he was responsible for all
Eastern United States natural gas and oil activity. Prior to Linn
Energy, Tom held senior management positions at Equitable
Resources, Inc., where he was responsible for all natural gas and
oil operations, and FINA, where he was in charge of all natural gas
and oil operations in the United States.
Jerry Cash, Chairman, President, and Chief Executive Officer of
Quest, said, "Following our planned acquisition of PetroEdge
Resources Partners (WV) LLC ("PetroEdge"), Quest will hold the
right to develop nearly 130,000 net acres in the Appalachian Basin,
including 122,600 net acres within the recognized fairway of the
Marcellus Shale play. Tom's deep technical and managerial skills,
local knowledge, and experience with growing organizations make him
ideally suited to lead our expansion into this basin. Tom will work
with existing PetroEdge personnel under our transition services
agreement to ensure execution of our second half development plan
while building an operating team in Pittsburgh and prioritizing
future development to generate maximum value for Quest
shareholders."
Lopus is a registered petroleum engineer and received a Bachelor
of Science degree from The Pennsylvania State University in
Petroleum and Natural Gas Engineering. He has held leadership
positions with numerous industry and civic organizations including
the Independent Petroleum Association of America, Society of
Petroleum Engineers, American Petroleum Institute, United Way, and
March of Dimes.
About Quest Resource Corporation
Quest Resource Corporation is an integrated E&P company that
owns 100% of the general partner and a 57% limited partner interest
in Quest Energy Partners, L.P. and 85% of the general partner and a
36% limited partner interest in Quest Midstream Partners, L.P.
Quest Resource operates and controls Quest Energy Partners and
Quest Midstream Partners through its ownership of their general
partners. 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 owns more than 2,300 wells and 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 2,100 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 approximately 2,000 miles of natural gas gathering
pipelines and over 1,100 miles of interstate natural gas
transmission pipelines in Oklahoma, Kansas, and Missouri. For more
information, visit the Quest Midstream Partners website at
www.qmlp.net.
Company Contact: Jack Collins Investor Relations Phone: (405)
702-7460 Website: www.qrcp.net
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