Quest Energy partners (QELP)

[Estrella]

QELP NEWS!
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6640568

QRCP, Quest Energy Partners, L.P. (NASDAQ: QELP) (“QELP”) and Quest Midstream Partners, L.P. (“QMLP”) have entered into a non-binding letter of intent pursuant to the terms of which the three companies would form a new, yet to be named, publicly-traded corporation (which we refer to as “NewGasCo” in this press release) that would wholly-own all three entities. NewGasCo would continue to create shareholder value through the efficient development of unconventional resource plays, including coalbed methane in the Cherokee Basin of southeast Kansas and northeast Oklahoma and the Marcellus Shale in the Appalachian Basin. The completion of a recombination is subject to the satisfaction of a number of conditions, including the entry into a definitive merger agreement, the negotiation of a new credit facility for NewGasCo, regulatory approval and the approval of the transaction by the stockholders of QRCP and the unitholders of QELP and QMLP. There can be no assurance that the definitive documentation will be agreed to or that a recombination will occur.