Dominion Resources and Questar Corp. complete merger

Dominion Resources, Inc. and Questar Corp. have completed their proposed merger, forming one of the nation's largest combined electric and natural gas energy companies.

Questar's "hub of the Rockies" system is a principal gateway for gas supply to Western states. Dominion expects that demand on Questar's pipeline system will rise as Western states rely increasingly on low-carbon, natural gas-fired generation to comply with potentially stringent federal clean air requirements and to support state-mandated renewable standards. Questar's gas distribution operations benefit from being located in one of the country's fastest growing regions.

The combined company includes:

• 14,400 miles of natural gas gathering, storage and transmission pipeline
• nearly 51,000 miles of gas distribution pipeline
• More than a trillion cubic feet of natural gas storage
• 2.3 million natural gas utility customer accounts in Idaho, Ohio, Utah, West Virginia and Wyoming

Questar – now Dominion Questar – will operate as a first-tier, wholly owned subsidiary of Dominion. Questar's principal operating companies – Questar Gas, Questar Pipeline and Wexpro – have retained their names, as of closing.

Dominion Questar will maintain its significant local presence with a local management structure drawn from existing Questar employees. Questar Gas' headquarters also will remain in Salt Lake City, along with a new Western Regional operating headquarters there.

Effective today, Questar CEO Jibson has retired and has been elected to Dominion's board of directors.Craig C. Wagstaff has been named president of Dominion Questar. He will lead Dominion's Western natural gas operations and be responsible for all current Questar operating companies.

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