Quest Oil Corporation is an emerging oil and gas company committed to the exploration and extensive development of oil and natural gas reserves throughout North America. Quest management is focused on an acquisition program targeting high quality, low risk prospects such as Acadia North in eastern Alberta.
In addition to Quest's oil and gas exploration and production, technology is another significant focus of the company. The acquisition and development of technology related to the exploration and production of oil and gas is a vital element of Quest Oil's business, and plays central role in our operations. The role of technology in the oil and gas market is critical and provides a strategic advantage to the future of Quest Oil.
Quest's most valuable resource is our wealth of successful experience from a highly qualified team of seasoned professionals bringing over 100 years of experience with both Major and Independent companies to the exploitation, exploration and production of long-lived, high rate of return reserves.
-------------------- I only trade Pennies because i love the risk!!!
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QOIL longs are apparent scared weaklings. The traders will play that advantage first thing this morning, I believe. We'll be seeing .45 extremely fast.
-------------------- I only trade Pennies because i love the risk!!!
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Can't understand the selling. QOIL will have explosive revenue. Not to mention many of the companies on the OTCBB have no revenue at all and are trading higher!!!
Dear Investor, total out standing shares in Quest Oil, as per the last shareholder report are 43M shares.
The company was has filed an SB-2 registration as per the terms of the financing announced May 16th, 2005..Shares may be issued if and when the funders decides to exercise their warrants.
This of course will bring substantial funds into the company's treasury.
I expect an update to be announced this week, as we are gathering all data from the field on our recent drill campaign on Acadia North Property.
If you refer to the companies press release dated August 17th you will see that we have penetrated a substantial Natural Gas field, which showed in preliminary testing to be capable of production in the 5mmcf ranges per day.
With NG prices in the 9 dollar range, this one well may produce in excess of 500,000 dollars per month.
We have further announced the bringing on line of Oil wells located on the Hawkeye property in Texas as well, bringing additional revenue into the company.
Quest Oil's stock rose sharply on the announcement of these events and in recent days has shown a entrancement of some of these gains, as investors have taken profits.
This is not unusual for smaller listed companies as they often trade on significant announcements.
We at Quest are confident that we will be beginning production in the near future and will be demonstrating revenues and earnings.
I would suggest you visit our web site regularly to watch for news announcements.
If you care to do some more research on Quest, all our geology reports as well as historical press releases and SEC filings are presented there.
I would also recommend that you take the time to click on the link from the home page to listen to an audio interview recorded recently by Mr. Cameron King.
This may give you some understanding as to the company objectives. I thank you for your interest in Quest Oil Corporation.
Sincerely, Darren Hayes Business Development Quest Oil Corporation Inc dhayes@questoil.com www.questoil.com
-------------------- I only trade Pennies because i love the risk!!!
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