We are looking at this gas and oil company right now

[Carroll]

Oil prices are flirting with all time highs, and oil company stocks, which generally move with oil prices, have outperformed the market this year.  Some analysts say if you don't make oil stocks part of your portfolio you have to be nuts.  $50 a barrel, $60, $70, $80 to $100 a barrel have been predicted.  NO one knows for sure how high it will go.  Most agree it will head higher. 

News was released after the market close Friday

Quest Oil Engages Midtown Partners to Provide Funding for Acadia Gas Project
Friday May 13, 5:02 pm ET <--after the market close Friday

ARLINGTON, Texas, May 13, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTC BB:QOIL), is pleased to announce that the Company has engaged the services of Midtown Capital Partners Co., LLC to negotiate and secure a financing to forward its Acadia gas projects. Upon closing definitive agreements the Company will announce terms and conditions of the transaction through an 8K filing. (Partial clip only. Go read the entire announcement now)

 An immediate watch is being issued right now. Anyone wondering why oil and gas companies are one of the hottest sectors out there?

Quest Oil Corporation

***QOIL***QOIL***QOIL***QOIL***QOIL***QOIL***QOIL***

Important Recent news,

Quest Oil Successfully Completes and Closes Acquisition of Acadia North Gas Reserve

Quest Oil Corporation (OTCBB:QOIL) today announces that it has completed the acquisition to acquire a 100% working interest in the two-section Acadia North prospect, located in Alberta, Canada. A third party reservoir engineering firm "Chapman Engineering" confirms reserves proved and probable of 3 BCF with a revenue value of $18 million. (Partial clip only.  Go to yahoo to read the entire release)

Quest Oil Appoints TransAction as its Operator For its Acadia North Gas Project

Quest Oil Corporation (OTCBB:QOIL) (www.questoil.com) announces the engagement of TransAction Oil & Gas Ventures Inc. of Calgary, Alberta (TransAction) as their operators for the Acadia North project. The agreement with TransAction will cover the drilling of the test well, all follow up wells and other activity in the area. Herb Miller, P.Geol., is the President of TransAction with over 46 years of experience. His team includes such notables as Charlie Chapman of Chapman Petroleum Engineering. (Partial clip only, go to Yahoo and read the entire release)

Mission Statement

Quest Oil's mission is to deliver a competitive and sustainable rate of return for our shareholders by acquiring, exploring and delivering oil & gas properties around the world.

Their Strategy

Quest is a publicly funded oil & gas company that maintains a balanced risk portfolio. We target large impact projects with high net revenue interests, where risk has been substantially reduced by meticulous technical evaluation and geophysics, where applicable.

Our primary goal is to identify underdeveloped reservoirs achieving substantial growth with efficient reservoir maintenance and innovative technology. Quest's expertise implemented with strategic partnering insures high returns on investment and substantial cash flow.

Corporate Profile

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.

By exhibiting our creativity and balancing a tolerance for risk along with a relentless pursuit of efficiency, we maintain a corporate culture that values originality and invention while developing essential, long-term relationships via honesty, trust and integrity.

Make sure you keep a keen eye on this company and add it to your radars now.  The oil and gas sectors are some of the hottest watches out there.  Our opinion is, after looking at the charts and recent volume and price activity,  it's worth watching closely.

 

Disc.laimer, All material herein was  prepared based upon information believed to be reliable. The  information contained herein is not guaranteed by us to be accurate, and  should not be considered to be all-inclusive. All information was taken from websites and previously announced news.  The companies that are discussed in this opinion have not always approved the statements made in this opinion.  This opinion contains forward-looking statements that involve risks and uncertainties. As with many Bulletin board and pink sheet companies this company has an accumulated deficit since inception, a negative net worth, relied on loans from officers or directors and an auditors going concern.  This material is for informational purposes only and should not  be construed as an offer or solicitation of an offer to buy or sell  securities. We are not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a  broker before purchasing or selling any securities viewed or mentioned  herein.  We have been compensated by a third party  shareholder , or with cash from the company on  behalf of one or more of the companies mentioned in this opinion. The third party is AVA Investments.  We have been compensated three hundred thirty four thousand free trading shares of qoil by a non affiliated third party for this advertisement. A mistake was made, take note to the correction please.  We were paid three hundred thirty four thousand free trading shares, In addition to any  compensation mentioned above, additional compensation can be equal to ten  percent of any newly issued or registered securities of the profiled  companies. Our affiliates, officers, directors and employees may also  have bought or may buy the shares discussed in this opinion and may profit in  the event those shares rise in value. We will not advise as to when it  decides to sell and does not and will not offer any opinion as to when others  should sell; each investor must make that decision based on his or her judgment  of the market