Questar Exploration Inc. Announces Nine Months Results

Business Wire, Nov 29, 1996

CALGARY, Alberta--(BUSINESS WIRE)--Nov. 29, 1996-- Questar(TSE QRX. ) Questar Exploration Inc. today announced its results for the nine months ending September 30,1996. The financial results are as follows: -0-

                    9 mth. 1996     9 mth. 1995    Change
                                                  (percent)
                    -----------     -----------    -------
REVENUE, net of
 royalties       $  4,423,239      $  2,974,868       49
FUNDS FROM
 OPERATIONS      $  1,761,958      $  1,101,179       60
FUNDS PER SHARE  $       0.09      $      0.09
NET INCOME
 (LOSS)          $    (38,042)     $ (2,945,821)