The notice further stated that Nasdaq rules permit the Partnership tosubmit a plan to regain compliance by no later than January 20, 2009, orwithin 60 calendar days. Following a review of this plan, Nasdaq staff cangrant QELP an exception, up to 180 calendar days from the due date of the10-Q, or until May 13, 2009, to regain compliance. QELP intends to timelysubmit a plan to Nasdaq and to execute on that plan to be back incompliance within the exception period.

In determining whether to grant the exception, Nasdaq staff will considerQELP's: specific circumstances, including the likelihood that the 10-Q canbe filed within the exception period; past compliance history; reasons forthe late filing; partnership events that may occur within the exceptionperiod; general financial status; and disclosures to the market.

If Nasdaq staff determines that it is not appropriate to provide thePartnership with an exception, it will provide written notice that thePartnership's securities will be delisted. At that time, QELP may appealthe decision to a Nasdaq Listing Qualifications Panel.

About Quest Energy Partners, L.P.

Quest Energy Partners, L.P. was formed by Quest Resource Corporation(NASDAQ: QRCP) to acquire, exploit and develop natural gas and oilproperties and to acquire, own, and operate related assets. The Partnershipowns more than 2,300 wells and is the largest producer of natural gas inthe Cherokee Basin, which is located in southeast Kansas and northeastOklahoma and holds a drilling inventory of nearly 2,100 locations in theBasin. The Partnership also owns natural gas and oil producing wells in theAppalachian Basin of the northeastern United States and in Seminole County,Oklahoma. For more information, visit the Quest Energy Partners website atwww.qelp.net. The Partnership routinely posts important information in the"Investors" section of its website.

Forward-Looking Statements

Opinions, forecasts, projections or statements other than statements ofhistorical fact, are forward-looking statements that involve risks anduncertainties. Forward-looking statements in this announcement, includingthe submission of a plan to regain compliance with Nasdaq listingrequirements, are made pursuant to the safe harbor provisions of thePrivate Securities Litigation Reform Act of 1995. Although QELP believesthat the expectations reflected in such forward-looking statements arereasonable, it can give no assurance that such expectations will prove tobe correct. In particular, the forward looking statements made in thisrelease are based upon a number of financial and operating assumptions thatare subject to a number of risks, including the results of QELP's ongoinginternal investigation into the questionable transfers by QELP's formerCEO, the ongoing worldwide crisis in the capital markets, uncertaintyinvolved in exploring for and developing new natural gas reserves, the saleprices of natural gas and oil, labor and raw material costs, theavailability of sufficient capital resources to carry out the anticipatedlevel of new well development and construction of related pipelines,environmental issues, weather conditions, competition and general marketconditions. Actual results may differ materially due to a variety offactors, some of which may not be foreseen by QELP. These risks, and otherrisks are detailed in QELP's filings with the Securities and ExchangeCommission, including risk factors listed in their latest annual reports onForm 10-K and other filings with the Securities and Exchange Commission.You can find QELP's filings with the Securities and Exchange Commission atwww.qelp.net or at www.sec.gov. By making these forward-lookingstatements, QELP undertakes no obligation to update these statements forrevisions or changes after the date of this release.

Company Contact:Jack CollinsInterim CFOPhone: (405) 702-7460Website: www.qelp.net