Quest Resource Corporation Announces Effectiveness of Resale Registration Statement
13 Juni 2006 - 12:31AM
Business Wire
Quest Resource Corporation (Nasdaq: QRCP) today announced that the
Securities and Exchange Commission declared effective its resale
registration statement on Form S-3. The registration statement
provides for the resale by the selling stockholders named therein
of the Quest Resource Corporation common stock sold by the company
in a private placement in November 2005. The registration statement
covers 13,588,591 shares of Quest Resource Corporation common
stock. The shares of Quest Resource Corporation common stock
covered by the registration statement will be eligible for trading
on The Nasdaq National Market as of the opening of trading on
Tuesday, June 13, 2006. The company's shares trade under the symbol
QRCP. Quest's primary activity is the exploration, production, and
transportation of natural gas in a 1,200-square-mile region of the
Cherokee Basin in southeastern Kansas and northeastern Oklahoma
that is served by its 1,200+ mile gas pipeline network. For more
information visit the Quest website at www.qrcp.net. 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, the effects
of Quest's hedging program, restrictions contained in Quest's
credit facilities, 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.
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