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Re: DAD2 post# 8

Wednesday, 11/24/2010 1:44:20 PM

Wednesday, November 24, 2010 1:44:20 PM

Post# of 16
QEP Resources (NYSE:QEP), which spun out of Questar (NYSE:STR) in July 2010 to answer your question.

More recently they announced that spending at the company's QEP Energy subsidiary would total $1.05 billion in 2011, down from $1.16 billion in 2010. Sixty percent of this spending would be in the mid-continent area and QEP Resources still expects to grow production by a mid-teen percentage in 2011.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My track record is real time @TurnKeyOil

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