Wexpro

Wexpro, which manages producing properties on behalf of Questar's retail gas- distribution subsidiary, earned $5.7 million during the fourth quarter of 1999 - a $700,000 year-to-year improvement. The company increased its investment in gas-drilling and development activities. Market Resources' gas gathering, processing and energy-trading subsidiaries reported combined net income of $2.3 million for the fourth quarter of 1999 compared with a $1 million loss in the prior-year period. Gathering volumes increased by 15% to 35.8 million decatherms (dth) compared with the year-earlier quarter due to greater drilling and production activity in the Rocky Mountain region. During the fourth quarter of 1999, Questar Regulated Services lost $19 million, including the $31.3 million after-tax pipeline partnership write-down. Net income during the comparable 1998 period was $24.4 million.