January 31, 2002
(N)
NYSE:STR
0201

Contact: R. Curtis Burnett
Business: (801) 3245647

Questar Market Resources Names Chief Operating Officer

SALT LAKE CITY — Questar Corp. today announced the appointment of Charles B. Stanley as executive vice president and chief operating officer of its Questar Market Resources subsidiary, effective Feb. 1, 2002.

Stanley, 43, previously served as president and chief executive officer of El Paso Oil & Gas Canada, Inc.

Questar Market Resources conducts non-regulated oil and gas exploration and production in 16 western states and Canada, as well as gas gathering and energy trading. The subsidiary has approximately $1.4 billion in assets and contributes two-thirds of Questar's net income.

R.D. Cash, Questar chairman and chief executive officer, says "Stanley is a strong addition to our management team. This appointment reflects our intent to continue to grow our unregulated businesses and build a strong management team for the future. Adding new skills and ideas is vital to our continued growth. Over the past five years, we have doubled our oil and gas-equivalent production and reserves while focusing on the Rockies, Mid-Continent and Canada."

Keith O. Rattie, Questar Corp. president and chief operating officer, said "Chuck and I have worked  together in the past. He's a seasoned E&P executive, a talented businessman and a leader." Rattie noted that Stanley has managed both domestic and international exploration and production operations as well as midstream and marketing activities. "Chuck brings skills we need to continue to profitably grow our E&P business and pursue new initiatives in the energy marketplace," he said.

Gary L. Nordloh, Questar executive vice president and chief executive officer of the Market Resources subsidiary, said Stanley "adds to the strong organization we've developed in our Market Resources group of companies." Nordloh noted that Stanley has successfully led E&P businesses pursuing an "acquire and exploit" strategy similar to Questar's.

A graduate of Virginia Polytechnic Institute and State University, Stanley began his professional career in 1981 as a research and field geologist for the Virginia Geologic Survey.

From 1984 to 1989, he was involved with exploration and appraisal for British Petroleum Co.

Beginning in 1989, he served in a variety of capacities with Maxus Energy Corp., Dallas, Tex., culminating as vice president of international exploration and development.

Stanley joined the Coastal Corp. of Houston, Tex., in 1995, serving four years as president, CEO and director of Coastal Gas International Co. He managed multicultural and multinational project development, construction and operating consortia. During his tenure with El Paso Corp., he negotiated a $300 million acquisition of Canadian exploration and production properties and oversaw a seven-fold increase in production in his first year.

Questar is a $2.9 billion diversified natural gas company headquartered in Salt Lake City. Through subsidiaries, it engages in energy development and production; gas gathering and processing; wholesale gas, electricity and liquids trading; retail energy services; interstate gas transmission and storage; retail gas distribution; and information systems and technologies.