The Rosen Law Firm Files Securities Class Action Charging Quest Energy Partners LP and Quest Resource Corporation with Violations of the Federal Securities Laws -- QELP & QRCP

The Rosen Law Firm announced that it has filed a class action lawsuit on behalf of all purchasers of Quest Energy Partners LP ("Quest Energy") (NASDAQ: QELP) common units from the date of the Company's initial public offering on or about November 7, 2007 (the "IPO") through August 25, 2008 (the "Class Period").

To join the Quest Energy class action, go to the website at http://www.rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.

The case is pending in the United States District Court for the Western District of Oklahoma. You can obtain a copy of the complaint from the clerk of court or you may contact counsel for plaintiffs Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU AY ALSO REMAIN AN ABSENT CLASS MEMBER.

The complaint charges Quest Energy and certain former and present officers, and controlling entities, including Quest Resource Corporation ("Quest Resource") (NASDAQ: QRCP), with violations of Sections 11 and/or 15 of the Securities Act of 1933 by virtue of Quest Energy's issuance of a materially inaccurate Registration Statement and Prospectus (the "Registration Statement") in connection with Quest Energy's IPO.

According to the Complaint, on November 7, 2007 Quest Energy commenced its IPO raising over $150 million from investors. The Complaint asserts that Quest Energy's Registration Statement was materially inaccurate because Quest Energy failed to properly disclose related party transactions between its former CEO and an entity controlled by him. The Complaint also asserts claims against Quest Resource as it was the controlling entity of Quest Energy and is liable under Section 15 of the Securities Act.

On August 25, 2008 Quest Energy announced that its former CEO Jerry Cash had resigned following an inquiry by the Oklahoma Department of Securities in connection with questionable transfers of, among other things, Quest Energy funds to an entity controlled by Mr. Cash. Quest Energy also announced that it had constituted a special committee to conduct an internal investigation. As a result of these adverse disclosures, the price of Quest Energy shares dropped damaging investors.

A class action lawsuit has already been filed on behalf of Quest Energy shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than sixty days from the date of this announcement. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact plaintiff's counsel, Laurence Rosen, Esq. or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.

The Rosen Law Firm has focuses on prosecuting investor securities litigation and has extensive experience in actions involving financial fraud. The Rosen Law Firm represents investors throughout the nation in securities class actions.

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