	oilman has pct of qed exploration qedx kansas oilman nicholas powell told the securities and exchange commission he has uired shares of qed exploration inc or pct of the total outstanding common stock powell who heads prairie resources corp and mack c colt inc both kansas oil and gas exploration companies said he bought the stock for investment purposes powell who said he has already spent dlrs on his qed stock said he plans to buy more shares as long as he considers them to be undervalued reuter 
