OILMAN HAS 8.7 PCT OF QED EXPLORATION <QEDX> Kansas oilman Nicholas Powell told the Securities and Exchange Commission he has acquired 195,000 shares of QED Exploration Inc, or 8.7 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 609,831 dlrs on his QED stock, said he plans to buy more shares as long as he considers them to be undervalued.