Quest Resource Ventures into Marcellus

From Q1 2008 Conf call. .....Quest Resource develops early-stage and/or unconventional plays through its wholly-owned New Ventures group. The group draws on the expertise of Quest Resource's technical team to pursue higher risk/higher return potential exploration projects. New Ventures holds approximately 22,000 net undeveloped acres in southwest Pennsylvania (Somerset County) that is prospective for the Marcellus Shale. The group has drilled and completed and is testing its first well on the acreage and is encouraged by the early results. New Ventures will continue to evaluate the test results and is considering additional development of the acreage.

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