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QUESTAR SUBSIDIARY WILL OPERATE GAS, OIL WELL

SHARE QUESTAR SUBSIDIARY WILL OPERATE GAS, OIL WELL

Questar Corp. subsidiary Celsius Energy Co. said it has taken over operation of a recently completed natural gas and oil well in northwestern Colorado.

The well was the second drilled by Ampolex Texas Inc., Denver, under a joint venture with Celsius Energy. The venture's first well, the Island Butte No. 1, was abandoned two years ago as a dry hole, said Celsius spokeswoman Susan Glasmann.The Island Butte No. 2 well is in Dolores County, Colo., approximately 12 miles south of Dove Creek. During a 46-hour flow test, it averaged 418,000 cubic feet of natural gas per day and 300 barrels of oil.

Under the agreement, Celsius became the operator when the well was completed and will drill and operate subsequent wells in the area, said Glasmann.