HOUSTON, Sept. 9, 2005 (PRIMEZONE) -- Quest Oil Corporation ("Quest" or the "Company") (OTCBB:QOIL) is pleased to announce that it was successful with its recent bid in the Alberta Crown Land sale. The acquired lease is on a section of land immediately offsetting its recent successfully drilled gas wells at Acadia North.
Quest bid on the lease at the Alberta Crown Land sale on September 7 and has acquired a five year lease on section 23-25-2w4m. This land is immediately east of the section on which the "10-22" gas well was drilled. Geological mapping and seismic data indicate that the Viking sand reservoir continues onto this section.
This acquisition is important to the company because it allows the company to continue development of this gas pool. The company is currently considering shooting a 3-D seismic program over these two sections to optimize its next well location. The company believes that the high deliverability shown by the "10-22" well can be reproduced on future wells by proper interpretation of the geology of this sand reservoir.
The Company's gas well "15-34" is scheduled for flow testing next week to determine the well capability for commercial flow rates. The Company has decided not to remove the motor and tooling from the well bore due to its extensive cost associated with the service rig and manpower. After extensive review of logs and completed depth, it is believed the motor and tooling have exited through the casing and will not interfere with production.
About Quest Oil Corporation
The Company is committed to the exploration and development of economical oil and natural gas reserves globally. Quest management is focused on an acquisition program targeting high quality and low risk prospects. Initially Quest is focused on the development of North American oil and gas resources allowing highly leveraged production opportunities in Alberta and Texas, through its 100% owned subsidiaries Quest Canada Corp. and Wallstin Petroleum LLC.
On Behalf Of The Board
Quest Oil Corporation. "Cameron King" Cameron King MBA -- President and CEO
To find out more about Quest Oil Corporation (OTCBB:QOIL), visit our website at www.questoil.com.