3SOF

With Oil up today, I'm gonna keep my radar on QOIL.OB. Went up well today on heavy volume.

excellent pick once again(applaud)  8)

bought @0.193.  I'm in.

Nice pick!

Couldn't help it, have to try: I'm in also @ 0.20

Jesus !

This chart is unbelievable ;)
I got to buy first and make questions later !

Applaud !

I actually didn't even buy this stock yet, I just bought at .22. This is on fire!

is there exit strategy or go with the momentum

Volume keeps going and so does the price, you ride it.  Just stay posted.  You'll get the sell signals here.

Here's another chart.

This stock has brake a descending wedge formation, this volume is HUGE, and now it's testing the 50ema. A breakout should give a lot of space north ;)  >:D

Any stories ?

http://biz.yahoo.com/pz/050614/79909.html

J.B what other penny picks do u have on your radar?

Good pick [applauded].  I am also in.

I'm liking GSHF. Big percentage up today.

Do u have a position in it, or whats a good entry?

I dont have one in it yet, I'm not that sure about an entry point. It would be best to talk to Elite or someone on that.

Forgot to post the chart:
http://www.3stocksonfire.org/trading/index.php?topic=648.msg3032#msg3032

Really good one ;)

QOIL has small no. of outstanding shares, and thats like adding oil to the fire :)

Where do to you look to see the number of outstanding shares?

Shares Outstanding: 20.44M 

http://finance.yahoo.com/q/ks?s=QOIL.OB

Geeez, I just got back. It made quite a run ending the day! What are your predictions for tommorow? Down or Up?

Quote from: J.B on June 14, 2005, 05:43:29 PM
Geeez, I just got back. It made quite a run ending the day! What are your predictions for tommorow? Down or Up?

I'll try to hold this stock severall days ;)

With this volume, and with this price action today, I believe that tomorrow will be another run... But as always, the market have the last word ;)

regards,

On fire :) Again

HEY ..HEY.. HEY.. WE GOT OIL IN PLAY. ;)
KNOCK UM OUT J.B
http://stockcharts.com/def/servlet/SC.web?c=QOIL,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Important thing about QOIL is that it has small no. of shares and you can imagine what could happen if ppl start loading them by  10ks and 20ks.

Things are going as planed...

I have to investigate a bit more on this one... but its real nice to make 1 bag in one day ;)

congrats to all fellow QOIL holders !  >:D

i am in bought it for 0.1265 any target price?

Quote from: khawaja23 on June 15, 2005, 12:17:32 PM
i am in bought it for 0.1265 any target price?

Just let the profits run and enjoy the show ;)  >:D

Take a look at this chart:

Well done JB (applaud) and all the others on this one, I missed the boat, looks like it just trying to touch the 200ema.
Energy sure in play today ABLE, GEOI, FUEL, QOIL etc
Mike

I love this one.   ::)

is it still good to enter now at 0.47?  ???

all I can say is "wow" -- got in on this Yesterday at $.25 and not regretting my decision!

Intraday 100%  :)   Seems like you may not now get 0.47. If you can yes off course.

Who know when the pullback will come, it's possible that it could hit 0.60 today, at this rate.

I can't believe this...never tried a "ride" like that before.

+ 107%.......????

Thank you - thank you!

:o

But if you want to initiate position at around 0.47 you need to look for carry over momentum. Those who bought yesterday along J.B are all sitting on +100% and I guess no one will let the profit go if the stock falls below like 80% profit.

I'd say that with a volume and price action like this, this chart needs at least one more candle like this one to be perfect ;)

If it stays strong like now at the end of the session, I'll have to hold it a few more days... ;)

Volume already pushing 9 million, that's incredible with how few shares are outstanding.

:D  When JB speaks, I listen!!!!! ;D
What a website,,,,,What stock pickers!!!! 8)

JB is the OB. stock picker of the week!!!!  Keep it coming.  Daddy needs a new pair of shoes.

Haha, thanks guys. I think I just got lucky. It didn't end the day to hot, but I aint gonna complain about a 60% move. ;D

The 200ema sent QOIL back, and late day profit taking also (hey day traders want to lock it in). However I have a feeling there is more to come from this stock, pretty much everyone who owns is in profit, there is no volume related resistance only pyschological. Support now at 0.40c area so I'll look to enter around that pivot point if it sets up for me.
Mike

Great background work on this "penny"
Looking to join you all if I get an entry under .40
good luck to you all.

Theres the pivot, bounced off the 200ema on the 5minute chart

aussietrader,
if support is holding, entry is still fine @ 0.31 $ ??

Just sold my position on QOIL so I can be with a bit more power on AMEP.

good luck to all !

Sold my position too, stock may rise from here but need funds for CYAD.

Hey JB are you still a holder of this stock? If so any exit point?
my entry was .33   Thanks

I am holding my pos.  some selling this am, but the shake should be over soon, then back up.  I'd like to hit .60.  We'll see :)

Saffey, I held mine also. I hope it pays off.  :-\

J.B
ARLINGTON, Texas,, June 14, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTC BB:QOIL.OB - News) (http://www.questoil.com) announces that the first well of the Company's two well drilling program at the Acadia North natural gas project has been surveyed and a surface lease has been negotiated. A drilling license for well 10-34-25-26 W4M is expected to be issued this week and negotiations are underway with a drilling contractor to contract a rig that is  nearby. If this rig can be contracted the well could be spudded as early as June 20thThe second well 15-22-25-26 W4M is being survey and should be ready for drilling immediately after well 10-34-25-26 W4M is complete

Will the drilling license effect the price

Why this stock is so down? Should I buy it?

http://finance.yahoo.com/q/ta?s=QOIL.OB&t=5d&l=on&z=m&q=l&p=&a=&c=amep.ob

Follow the link and see some +100% profit taking. But seems like the overall trend is still intact. I am sure there may be even more profit taking. No one is going to let big profits slip easily.

Quote from: Gurukul on June 16, 2005, 05:21:57 PM
Why this stock is so down? Should I buy it?

This stock is not «so down»...
At this level it's up 200% in a few days...  ;)

Its only down depending on where you entered ;)
I didn't buy that pivot I previously noted as I have a lot of pennies on my plate. Still watching but todays action I think sets up consolidation period. The averages need to catch up a bit.
Mike

Glad I held on and didn't sell.

buyers today. 

wallstreetgrapevine.com and audiostocks.com...gives a thumbs up...today...6/17/05

Got stopped out last nite just before close, any thoughts on a re-entry today or
stay away. apprecate any feed back. was in at .33 stopped out at .28

Hi Pirus,

Don't follow my advice ;)
I've sold QOIL and I've been buying more AMEP on this deep today, I think it got more potential.

But this high recovery on QOIL is another good sign, for all the micro-caps on this sector ;)

Best regards,

otcstockexchange.com....QOIL and AOOR...MID-DAY REPORT..good news...with quadruple witching abounding....aren't futures being bought today...especially in oil( energy stocks)...not sure...any feedback would tremendously help...thanks...

I am glad I held.  A nice Marubozu has formed today.  This stock still has a lot of energy.

Good Luck Saffey, I sold out on Friday.  :-\

What a beauty, saffey.
I didn't realize that until I saw the chart you posted.
JB nice pick on this . Just beautiful... ;D
I'm like saffey ....JB....I'm glad I held

Guys,
Any idea of  the price?

Jun 21, 2005 11:44:17 AM

Dallas, Texas, Jun 21, 2005 (M2 PRESSWIRE via COMTEX) --

TalkingStocks.com Reports - With oil closing in on $60, StockGuru.com has issued the following Trade Alerts for Energy companies that are expected to benefit from this. These include Quest Oil Corporation (OTCBB: QOIL), Shell Transport & Trading Company Plc (NYSE: SC), ChevronTexaco Corp (NYSE: CVX), and Valero Energy Corp (NYSE: VLO). Each of these companies are likely to benefit as oil prices continue to rise.

Stock Guru Profile company Quest Oil Corporation (OTCBB: QOIL) is a very affordable stock that has gained significant traction in the past couple of weeks. As reported by the Associated Press, "(Oil prices) ... stayed close to the $60 threshold on persistent global supply fears as the market once more brushed aside another OPEC pledge to add barrels" (Tuesday June 21, 10:40 am ET). It is our belief that Quest Oil Corporation is a must-see as oil approaches $60 or better.

I'm still holding......anyone else?
Could not break through the 200day ma I see.

It maybe consolidating, but I sold at the [email protected].   I wanted to lock in my profits.  I took a beating on ROTB.  It took a mud slide from 1.76 to .089 in about ten minutes.

Good luck.

Thanks for the feedback saffey.
I was out all day,and just now catching up on 3SOF.
Damn,that was a slide on ROTB.Hang in there man,you will bounce back.I can see that you have a good head for picking stocks. I also have took a small beating with GLGS.
We will make it up.The market is not for the faint at heart.

Good luck to you.

QUEST OIL CORP (OTC BB:QOIL.OB) Delayed quote data 

Last Trade: 0.425
Trade Time: 2:09PM ET
Change:  0.04 (10.39%)
Prev Close: 0.385
Open: 0.385
Bid: 0.42 x 5000
Ask: 0.43 x 5000
1y Target Est: N/A

  Day's Range: 0.371 - 0.44
52wk Range: 0.09 - 2.00
Volume: 956,556
Avg Vol (3m): 1,473,840
Market Cap: 16.25M
P/E (ttm): N/A
EPS (ttm): -0.046
Div Yield (ttm): N/A (N/A)

QOIL might have some legs left IMHO!

Good news out.

8/15/2005 9:00:13 AM ET News Release Index


Quest Oil's Acadia North Wells 10-22 and 15-34 Hit Viking Gas Reservoir

ARLINGTON, Texas, Aug 15, 2005 (PRIMEZONE via COMTEX) --

Quest Oil Corporation (OTCBB:QOIL) is pleased to announce the successful drilling of Acadia North Prospect. Wells "10-22" and "15-34" were drilled through casing and into the Arneson Viking Gas pool. On August 8, 2005, using an endless tubing unit, wells "10-22" and "15-34" entered into the Viking zone and encountered commercial quantities of natural gas.

Arneson Well 10-22-25-2-W4M

"The well was open to flow, to a testing unit, on August 9 and flowed immediately at a stabilized rate of 0.3 MMCFPD and a flowing pressure of 900 psi. After flowing for 16 hours under these conditions, it was decided to test the well at higher rates. The well was opened up even more and after 7 hours flowed at a stabilized rate of 5 MMCFPD and a flowing pressure of 855 psi. The well was shut-in on August 10 to record a build up pressure. The bottom hole pressure gauges will be pulled in the middle of the week and it is expected that an AOF for this well will be available within four or five days," said Jim Deck; Production Manager, Transaction Oil and Gas Ventures Inc.

Quest Oil, President and CEO, Cameron King, states, "Well '10-22' establishes a benchmark well for Quest, the test data illustrates a sizeable well capable of producing at rates 10 times our anticipated flow of 0.5 MMCFPD. The Company is now waiting for all data to be retrieved and be interpreted to estimate gas reserve and life of the well."

Quest Oil, Project Advisor, Richard Johnson P.Eng. remarks, "The '10-22' well tested at rates of 5 million cubic feet per day (MMCFPD) at a high back pressure. This is a very strong well and should be held back to 1MMCFPD to 2 MMCFPD for engineering reasons until we fully understand the scope of this well and the zone. At current prices the well economic yield is $270,000 per month at 1MMCFPD and $540,000 when production is increased to 2MMcf/d. Well '10-22' by far is one of the best wells in the area."

Arneson Well 15-34-25-2-W4M

The well penetrated the Viking Sand on August 8 and is currently shut in due to lost equipment in the hole. Testing and data collection was suspended for well "15-34" due to a break in the endless tubing coil. At the time of drilling out of casing, the bottom-hole motor and bit were lost down hole. The Company has called in contractors to fish out the motor and continue with testing upon its removal. Prior to losing the motor, the well produced gas at measured rates exceeding 0.130 MMCFPD. "We did encounter high wellhead pressure measured during the drilling out process, this indicates the reservoir is not drained by production from offsetting wells and still contains significant gas reserves," said Richard Johnson, Project Engineer.

Quest Oil is considering implementing a 3D seismic program to fully understand the extent of the reserve throughout the Acadia valley. Based on the data received by the drill program, the reserve is significantly larger than expected and the Viking sand characteristics show sand thickening in areas. The company is also evaluating the economics of drilling two wells per section to drain the natural gas reserves to take advantage of the high commodity price.

ON BEHALF OF THE BOARD Quest Oil Corporation.

To find out more about Quest Oil Corporation (OTCBB:QOIL), visit our website at www.questoil.com.

SOURCE: Quest Oil

Quest Oil Corporation Investor Information Mr. Darren Hayes, Corporate Development (866) 264-7668

(C) 2005 PRIMEZONE, All rights reserved.

Market responding well to the news.  Was +25% then settled down to +13%.  Volume over 1.4M already.

Took out the 200 MA of 0.53.

Is it still a good time to get in at .61?

thanks very much,

julia

Julia,

This is IMO but I'm back in at .60 after selling last week in the .50s.  Ouch!

Volume is huge for the 1st hour.  I'm hoping it runs for at least 2 days like in June.

Thanks for input, 3puttssuck!

I will consider it today...i will watch it for awhile..see how it goes.

thanks very much and good luck!

julia

I bought some more.  More news out 30 minutes ago.  I like the President's quote "With a very successful Acadia Project soon to be in production":

Quest Oil Acquires Empress Project and Spuds Well '12-15' August 16, 2005
Monday August 15, 12:00 pm ET

ARLINGTON, Texas, Aug. 15, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTC BB:QOIL.OB - News) is pleased to announce the Company has acquired a 100% working interest in the Empress Project, located 160 miles east of Calgary, Alberta. Empress consists of 4 sections of Crown P&NG rights where Quest Oil is acquiring a 100% working interest in 4 sections upon the drilling of well 12-15 24-2W4M. The Empress Project holds the lease rights from surface to basement entailing five known production zones: Bakken, Banff, Detrital, Colony and Viking. Well ``12-15'' will be operated by Transaction Oil and Gas Ventures Inc. Transaction is already is in possession of well license and permits and has a confirmed spud date of August 16, 2005. Quest Oil has retained Mr. Richard Johnson as Project Advisor, who was instrumental in locating the Acadia North ``10-22'' gas well.

Quest Oil President and CEO Cameron King states, ``The Empress Project is a feather in our cap. With a very successful Acadia Project soon to be in production, we are being offered quality projects with substantial upside potential allowing for high ROI results. Empress is one project that consists of four (4) sections with reserves and a recent discovery immediately to the east of the ''12-15`` well. Empress is a project that fits our strategy of low risk and high return.''

The Empress Project is subject to a 18% GORR (Gross Override Royalty Rate). All lands are Crown and are subject to usual Crown royalty.

Good to see some news come out.
I'm still holding this pup from 0.17...Looking good today!
Busted through the 200 day-MA ...nice

Setravis,

Congrats on the 0.17 - what a great price to be in at.

Just took out the daily high.  Volume is real nice.  Maybe see 6-7M today.  I would like to see it pass that high of .69 from June.  Who knows from there?

Setravis, I should have joined the Marines to get some of the discipline you have. It looks like you will have a convergence of the 200MA with the 50MA, very bullish. Congrats.

Quote from: tommyt on August 15, 2005, 01:12:08 PM
Setravis, I should have joined the Marines to get some of the discipline you have. It looks like you will have a convergence of the 200MA with the 50MA, very bullish. Congrats.

Tommyt, How did you guess that I was an X-Marine ;D
Have a great day with your trades!
I tend to hold longer than other traders, sometimes it gets me into trouble. ;)

Briefly touched a new daily high at .67

QOIL #1 traded OTC stock today.  Bring on the .70s

I hear you 3puttssuck, bring it on,we can stand it! :o
Good luck with your trades,and thanks!

QOIL was rockin today.
Volume up and so was the price. ;D

****************************************************************

Press Release Source: Business Consulting Group Unlimited


Quest Oil Discusses the Successful Drilling of Acadia North in Interview Available on AudioStocks.com
Monday August 15, 4:38 pm ET


SAN DIEGO, Aug. 15, 2005 (PRIMEZONE) -- AudioStocks.com is pleased to announce that it has posted an interview with Cameron King, Chief Executive Officer of Quest Oil (OTC BB:QOIL.OB - News) on the http://www.AudioStocks.com website. Mr. King discusses Quest Oil's successful drilling of Acadia North Prospect. Mr. King is joined by Quest's Special Project Engineer, Richard Johnson.
Mr. King and Mr. Johnson also provide insight into today's announcement regarding the acquisition of a 100% working interest in the Empress Project.

Hey guys, this stock has been great lately.  I that a possible head and shoulders bottom that is shaping up here? 

Wondering what anyone thinks on QOIL?  Lately they seem to release news on Mondays.  Will there be a further drop to buy back or is this the short-term bottom?

Comments?

I bailed with a small gain.

It got creamed today (-19%) and down 40% from last week's high of $0.85.  It may fall through the 50 day MA soon.  Any comments on a re-entry point?  Chart shows the RSI 30 has been a good entry point 2 other times.  They have a lot in the works and need some capital.

Here's an excerpt from the 10QSB report:

"We currently have limited capital with which to satisfy our cash requirements.
As of August 18, 2005, we have approximately $100,000 cash on hand remaining. We will require significant additional capital in order to explore for new projects and to begin drilling.

Our expectations are based on certain assumptions concerning the anticipated costs associated with any new projects. These assumptions concern future events and circumstances that our officers believe to be significant to our operations and upon which our working capital requirements will depend. Some assumptions will invariably not materialize and some unanticipated events and circumstances occurring subsequent to the date of this annual report. We will continue to seek to fund our capital requirements over the next 12 months from the additional sale of our securities, however, it is possible that we will be unable to obtain sufficient additional capital through the sale of our securities as needed."

On the move this morning...
;D

QUEST OIL CORP (OTC BB:QOIL.OB) Delayed quote data 

Last Trade: 0.70
Trade Time: 9:53AM ET
Change:  0.04 (5.26%)
Prev Close: 0.67
Open: 0.70
Bid: 0.69 x 2500
Ask: 0.70 x 2500
1y Target Est: N/A

  Day's Range: 0.70 - 0.75
52wk Range: 0.09 - 2.00
Volume: 931,263
Avg Vol (3m): 1,944,110
Market Cap: 26.76M
P/E (ttm): N/A
EPS (ttm): -0.05
Div & Yield: N/A (N/A)

Some news out....
:o
*************************************************************

Press Release Source: Quest Oil


Quest Oil: Acadia North 10-22 Gas Well Flow Rates and Empress Well 12-15 Spuds and Sets Surface Casing
Thursday August 25, 6:00 am ET


ARLINGTON, Texas, Aug. 25, 2005 (PRIMEZONE) -- Quest Oil Corporation (``Quest'' or the ``Company'')(OTC BB:QOIL.OB - News) is pleased to announce that analysis of the test on its Acadia 10-22-25-2w4m has been completed. The well has a calculated Absolute Open Flow Potential of 58 Million Cubic Feet per Day (MMCFPD). The Company's engineering firm, CHAPMAN Engineering, advised the Company that it has an estimated ``gas-in-the-ground'' value of $17.67 million.


After a review of a number of recent projects in the area, Chapman Engineering has prepared an overview of the numbers based on the latest pricing of gas and determined that at a value of $4.00/Mscf of developed reserves would be a reasonable assumption. These values may be subject to change after the final detailed cash flow analysis has been completed.

Marketable reserves for well 10-22 have been estimated volumetrically as presented below. These reserves are supported by material balance of this Viking pool. Effective drainage area and recovery factors are the main variables in this determination, resulting in a range of volumes for different reserve categories, all of which are governed by Chapman's confidence factors.



Category                  Volume -         Value @ $4.00/Mscf -
                           MMscf            $MM
Proved Developed          1957             $7.83
Proved Plus Probable      3187             $12.75
P+P+P                     4418             $17.67

Chapman Engineering stated, ``Well 10-22 is a highly capable well (18 MMscf/d surface AOF), which we anticipate will be produced at about 2.0 MMscf/d with minimal drawdown to maximize recovery.''

Quest also has commenced drilling on the Empress project, well 12-15-24-2w4m. This well is approximately 7 miles south of the Acadia project. This is a deeper well than the Acadia wells and even though the Viking zone is a prospective horizon in this project, the main target is the Detrital and two Mississippian zones that had hydrocarbon in a well 1/2 mile west of the 12-15 drill site. Results of the testing of the offset well are still confidential but are known to be very commercial. Logging and testing of the 12-15 well are expected to in the next few days.

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 (OTC BB:QOIL.OB - News), visit our website at http://www.questoil.com.



Contact:
          Quest Oil Corporation
          Mr. Darren Hayes, Corporate Development
          (866) 264-7668


--------------------------------------------------------------------------------
Source: Quest Oil

 8)

QUEST OIL CORP (OTC BB:QOIL.OB) Delayed quote data 

Last Trade: 0.63
Trade Time: 11:00AM ET
Change:  0.05 (8.62%)
Prev Close: 0.58
Open: 0.63
Bid: 0.63 x 2500
Ask: 0.64 x 2500
1y Target Est: N/A

  Day's Range: 0.60 - 0.69
52wk Range: 0.09 - 2.00
Volume: 1,303,887
Avg Vol (3m): 2,012,680
Market Cap: 24.75M
P/E (ttm): N/A
EPS (ttm): -0.05
Div & Yield: N/A (N/A)

 ;D
Heading north this morning
+31.23%.....volume....728,552

Hi !

http://finance.yahoo.com/q?s=QOIL.OB

(//)

Good luck.
Evgeny.

On the move again today
coming up from a 61.8% Fibonacci retracement
+6.82%.......Volume @.....744,820

Hi !

Quest Oil Establishes Petrostar Oil Services Inc. as Operating Subsidiary
Sep 22, 2005 6:00:00 AM
2005 PrimeZone Media Network
HOUSTON, Sept. 22, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTCBB:QOIL), is pleased to announce the launch of the Company's oil and gas service division, Petrostar Oil Services, Inc. (Petrostar). Quest Oil Corporation has established a subsidiary Texas corporation, Petrostar Oil Services, Inc.

Quest has completed the purchase of a service rig to initially conduct workover operations on the ninety-five wells on the Hawkeye leases. The service rig will be the property of Petrostar to conduct the operations of the workover for Quest leases and for third party companies. Contracting work with third party companies will establish revenues for Petrostar in addition to performing work on the Company-owned lands. The service rig is capable of pulling to 6,500', which makes this rig versatile to Petrostar, Quest and its customers.

The service rig is on route to Eastland County, Texas, Hawkeye leases with a hired rig crew that will operate the rig as well as perform roustabout work, maintenance of the wells and initiate pumping on the leases. Electric service to the wells has been re-established to start the workover program, to pull the downhole equipment for analysis, repair any equipment and then place the wells back into production.

The initial production is estimated at an average of 8 -- 10 bopd per well with an initial 52 wells to place on line over a 60 day period. After this work is completed, the initial production rate will be 420 bopd. The reserve report states that 308,000 barrels of oil can be recovered from the initial program with a PV10 value of $3.3 million. According to Gleason Engineering, after the remaining wells beyond the 52 wells are placed on line "An additional reserve volume can be equal to or greater than the reserve volumes reported. The added volume would be equal to or greater than 600,000 barrels of oil with a PV10 value equal to or greater than $6.5 million." Additional deeper potential is available, particularly the Barnett Shale; these pay zones will be established after seismic and IP testings are completed over the following months.

According to Company CFO, Mr. Joseph Wallen, "By establishing Petrostar with inclusion of the service rig and staff provides an attractive financial position for Quest, by owning its assets the Company can control costs and lessen workover expenses and wait time for a third party rig. This combination puts Quest in the position to earn a greater return on the leases."


(//)

Good luck.
evgeny.

QOIL just made a smoth landing on the support line.
I expect to see a rebound tomorrow.

ALERT ALERT ALERT NEWS

http://biz.yahoo.com/pz/050927/86778.html

;)

News out....It's moving today!
Looks like it has formed a Symmetrical Triangle!
With a possible breakout!
Will post a chart later


((((((((((((((((((((((((((((((((((Here is The news)))))))))))))))))))))))))))))))))))))))))))


Press Release Source: Quest Oil, Inc.


Quest Oil, Inc. Reports Research Firm Upgrades QOIL
Thursday September 29, 9:25 am ET 
Independent Research Firm States Potential Return Could Be Huge Based on Current Energy Prices


HOUSTON--(BUSINESS WIRE)--Sept. 29, 2005--Quest Oil, Inc., (OTCBB: QOIL - News) is pleased to announce an independent research firm has upgraded their equity rating on QOIL. This upgrade comes at a time when energy prices are reaching year over year record highs.
The research report cited the following:

Quest Oil Successfully Drills the Acadia North Prospect.
We anticipate that gas from the Acadia project will be hooked up for delivery by the end of October and that in the ensuing six-month period delivery of 450,000 mcf of gas will be possible. Therefore, it's reasonable to assume that moving into 2006 the company will begin to generate revenue, which is always an important positive development for any exploration company.
The company's Acadia North property has by some estimates gas reserves of at least $17 million.
Two oil properties - Hawkeye and Nettie Gardner in Texas - have proven and probable oil reserves of nearly 1 million barrels of oil.
Over the short-term QOIL has the necessary funding to continue with its exploration and development of various properties.
Quest Oil Establishes Petrostar Oil Services Inc. as Operating Subsidiary.
To view the entire independent research report, please click on the attached URL: http://www.bridgeir.com.

Cameron King, President and CEO of Quest Oil, Inc. states, "This is an exciting time for our company. We are honored to have a quality independent research firm review our operations, wells and performance and provide the resulting upgrade in our stock. This provides further information for our shareholders that our company is headed in the right direction." Mr. King further stated, "It is reasonable to assume that moving into 2006 our company will begin to generate strong residual revenues, which is always a positive development for any exploration company."

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.

To find out more about Quest Oil Corporation visit our website at http://www.questoil.com.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Quest Oil Corporation has little or no control.



--------------------------------------------------------------------------------
Contact:
     Quest Oil Corporation
     Darren Hayes, 866-264-7668
     Fax: 1-800-608-3562
     [email protected]
     www.questoil.com



--------------------------------------------------------------------------------
Source: Quest Oil, Inc.

what a nice 1 year chart! ;D   

Slow and steady today.

Also, reminder from the Sept 12 PR:  Arneson Well 10-22-25-2-W4M

The Company's "10-22" gas well is scheduled to put in to production by mid-October 2005. With data now recovered and verified from testing, Quest has begun the process of permitting, licensing, trenching and receiving county approvals. All companies must follow the time consuming process of obtaining regulatory and administrative approval, before bringing gas wells on stream. Gas well "10-22" will be brought on stream at 2 mmcf/d realizing gross income of $600,000 monthly. Management will increase flow rate to 4 mmcf/d if there are no indications of water or substantial pressure decline in the well.

i am in with a position at 0.52  8)  today steady climb with good volume and closing with a high of a the day 0.58

Looking very nice.
Support @ 0.49...0.38...0.36
Resistance @ 0.54...0.62...0.82
MACD is bullish

Technicals
Last Price Quote is:
23.71%above 13-day EMA
26.43%above 50-day EMA


Recent CandleStick Analysis:
Sept-30-2005 Bearish Doji Star 

very very nice looking chart. look at the MACD, it's copying the previous 2 waves. good thing is , it just tuns positive while stochastics hasnt reached overbought yet. notice that on the last 2 waves, from the point the MACD turns up to it turns down, it doubled from 0.3-0.6 and 0.4-0.8 respectively.   the third run may just have started.  :D
dont have a position yet, looking for an entry today.
what do u all think?
Thanks all and good trading!

I think this is a breakout from the Symmetrical Triangle
The chart I forgot to come back and post.
This thing has got some nice legs.
Yes eagerlearner, That MACD sure is beautiful....I love a bullish MACD...Is very important to me.

applaud to u setravis!
waiting for my order to fill  ::)

Back to the upside today......

Nice bounce off support there!  ;D

we need volume and news then we go north!  :P

I put an order in before school at .465..and for some reason it didn't get filled until about 2:30 ???

But now i'm in and hoping for atleast 10% here.

Nice little gain here. Lets hope it holds up.

We need some volume and it will go big!  :P

Hey JMoney
I was a very good day compared to other energy stocks..i am very satisfied that we closed at 0.51 on day high !!! The gate seems open now to at least 0.69. Volume is also increasing...i smell news !  ;D :D ;) Could give a firework tomorrow

I might sell QOIL on the open on Monday and then buy back on the price swings.  ;D

Updated Chart

Quest Oil Begins Gas Production From North Acadia Gas Well `10-22'
Natural Gas Flowing at 2 Million Cubic Feet Per Day Through Altagas Pipeline
Oct 17, 2005 6:00:00 AM
2005 PrimeZone Media Network
HOUSTON, Oct. 17, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTCBB:QOIL), through its wholly owned subsidiary Quest Canada Corporation, announced today the startup of the Company's Acadia North "10-22" natural gas well from the Acadia North Project located in Alberta, Canada.

The Company has commenced production at a rate of 2 million cubic feet of gas per day (mmcfd). Gas is being transported through the recently completed pipeline which connects Acadia "10-22" to Altagas's existing natural gas pipeline infrastructure serving residential, utility and industrial markets throughout Western Canada and the U.S.

Project Advisor and petroleum engineer, Richard Johnson stated, "The 10-22 well is currently producing 2 mmcfd and is being held back during its early production to evaluate its performance. Gas production from the well will continue to be controlled so that the well does not damage itself by producing at an excessive rate. The well produced at a stable rate of 5 mmcfpd at a wellhead pressure of 864 psi during AOF testing. Delivery pressure into the gas gathering line is under 200 psi, so the well is capable of much higher production rates. The calculated sandface Open Flow Potential (AOF) of the well is 58 MMCFPD."

The Acadia Project was first announced in December 2004, is located approximately 160 miles east of the City of Calgary, Alberta. Current production is coming from one well at the 10-22- 25-02 W 4M location. Two additional wells at a "15-34" and "6-23" well locations are expected to come online in November, 2005. By year-end, Acadia production is expected to approach 8 mmcfd from 6 producing natural gas wells.

"The successful development of the Acadia Project is an major milestone in Quest's efforts to commercialize its Acadia Project gas position," said Cameron King Quest Oil's President and CEO "We are now making significant investments to grow this business to help meet the increasing need for new sources of natural gas."

Top news eom. we got a nice chart  and watch  todays action ! Let the monkey dancing !  >:D >:D >:D.  i own a lot of it...

Good News. Lets hope it runs.

My holdings have been waiting for another move. ;D
Let's Rock and Roll guys and gals!
+10.58%.......Volume @ 849,858

Have been nibbling a bit yesterday.  Strange trading all day long, anyone who has been watching will agree.

Quest Oil Receives Strong Upgrade by Respected Research Firm
Tuesday October 25, 6:00 am ET


HOUSTON, Texas--(BUSINESS WIRE)--Oct. 25, 2005--Quest Oil, Inc., (OTCBB: QOIL - News) is pleased to announce a well-respected firm, TSC, has upgraded their equity rating on QOIL. This strong upgrade comes at a time when energy prices are reaching year-over-year record highs. TSC is noted for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media.
ADVERTISEMENT


To view the entire independent research report, please click on the attached URL: http://www.tristatecapital.com or visit: http://www.questoil.com.

Cameron King, President and CEO of Quest Oil, Inc. states, "We are honored to have a quality independent research firm review our overall operations and progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction." Now that Quest Oil is a producing Oil and Gas company with strong cash flow from its Acadia well 10-22, currently producing 2.25 million cubic feet per day, it has lessened its requirement for additional outside capital. In addition, the recent funds received from the $8,000,000 financing, Quest is poised for significant growth," Mr. King further stated.

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/CEO-- Director

To find out more about Quest Oil Corporation (OTC BB: QOIL - News), visit our website at www.questoil.com.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Quest Oil Corporation has little or no control.



--------------------------------------------------------------------------------
Contact:
     Quest Oil Corporation
     Mr. Darren Hayes, 866-264-7668
     Fax: 800-608-3562
     [email protected]
     www.questoil.com

:) :) ;) ;) >:D >:D

http://www.tristatecapital.com/QOIL_Initiation_Report3.pdf


yeeehaaaaaaaaa

http://www.twintrader.com/profile/qoil/index.htm

Hi
buy at 0.400
target at 0.800
stop loss at 0.36

News :
HOUSTON, Nov 7, 2005 (PRIMEZONE via COMTEX) --
Quest Oil Corporation (OTCBB:QOIL), Quest Oil is pleased to reported a number of significant developments in its Texas and Canadian operations. Bill Stinson, Chief Operating Officer for Quest Oil Corporation, currently in Houston attending the annual Society of Exploration Geophysicist (SEG) at the George R. Brown Convention Center where he is giving a presentation on the exploration potential in Eritrea, Africa, said that Quest Oil Corporation is moving ahead on a number of significant projects and is pleased to provide the following corporate update:

technicals :
good support at 0.38
Two dojis in two days. Market is waiting...A good new comes... ::)

Press Release Source: Quest Oil


Quest Oil Reports November Gas Production From Acadia North Totaling 64.5 MMCF
Wednesday December 7, 12:03 pm ET


HOUSTON, Dec. 7, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTC BB:QOIL.OB - News) subsidiary Quest Canada Corp. is pleased to report gas production at the Acadia North well ``10-22'' totaled 64.5 mmcf for an average of 2.15 mmcfpd for November, representing an increase of 13% month-over-month.
 
Well ``10-22'' was effectively on-stream October 15, 2005, at a run rate of 1.0 mmcfpd to test the line pressures and understand characteristics of the well. After a three day test period, well ``10-22'' production was slowly increased to 2.10 mmcfpd; during the course of the month of November the well pressure was slowly increased and is currently producing in a range of 2.65 to 2.71 mmcfpd.

President and CEO Cameron King states, ``Quest Oil continues to be pleased with the stable and increasing daily rates of gas production from the Acadia '10-22' well. The well is now generating consistent revenue to Quest allowing us to make firm plans for operations in the upcoming year.''

Bill Stinson, Quest Oil COO, advised that, ``PetroSearch, has been retained by Quest to conduct 3D seismic over approximately 8 square miles in the Acadia Valley. Survey crews are now in the field with a seismic crew right on their heels laying out on December 17, 2005. Quest is permitted for two wells per section and it is our intention to commence drilling once a definitive interpretation of data is completed by our engineers.''

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 -- Director

To find out more about Quest Oil Corporation (OTC BB:QOIL.OB - News), visit our website at http://www.questoil.com.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Quest Oil Corporation has little or no control.



Contact:
         
Quest Oil Corporation
Mr. Darren Hayes
Corporate and Business Development
Tel: 604-844-2860
Fax: 604-844-2861


--------------------------------------------------------------------------------
Source: Quest Oil

QOIL is finaly breaking up its 6 months flag pattern from the top.

STOCKS: U.S. investors sold off equities as crude oil futures soared after an attack on an oil platform in Nigeria, the fifth largest oil exporter to the United States. A barrel of light crude settled at a three-and-a-half month high of $66.31, up $2.39, in trading on the New York Mercantile Exchange.

Oil prices have been creeping higher for weeks but Tuesday's "sharp, violent rise" bit into stocks as investors consolidated gains from the first weeks of January, said Steven Goldman, chief market strategist, Weeden & Co.

Press Release Source: Quest Oil Corporation


Quest Oil Corporation Announces Nettie Gardner Spud Date
Wednesday February 1, 6:00 am ET 
Hawkeye Coming on Stream and Quest Pays Back First Payment in Cash


HOUSTON--(BUSINESS WIRE)--Feb. 1, 2006--Quest Oil Corporation (OTCBB:QOIL - News; www.questoil.com) is pleased to announce the approval of their first well location, the QNG-3 on the Nettie Gardner lease (API # 42-307-31138) by the Texas Railroad Commission (TRRC). Quest Oil has retained King Drilling out of Zephyr, Texas, to drill the wells. The total contract is for a five-well back to back program to drill the QNG-3, QNG-4, QNG-5, QNG-6 and QNG-7 locations. The rig will be mobilized out of Blackwell, Texas and is scheduled to spud QNG-3 well February 8th, 2006, and is expected to conclude drilling all five wells within 14 days.


Nettie Gardner Lease

Joe Wallen, Quest Oil Corporation's VP of Operations, said, "This drill program is going to provide definitive information on the capabilities of the target zones and will prove the long-term value of the area. The primary objectives of the program are to develop the field and determine the resource limits to the Pennsylvanian-age Jennings gas sand and Gardner oil sand. The main target is the Jennings gas sand which was productive in the Gardner No.1 well and was encountered in the Gardner No.2 well. The Nettie Gardner development plan is to drill the five infill wells, perforate the Jennings gas zones, clean up the perforations in the existing Gardner No. 1 well, perforate the Jennings sand in the Gardner No.2 well and tie all seven wells into the pipeline approximately one mile from the lease."

Hawkeye -- Midkiff Lease

According to Mr. Joseph Wallen, "We're finally starting to realize increasing production from the fruits of our labor. There was more work on rejuvenating the Hawkeye field then we originally anticipated. The Texas Railroad Commission (TRRC) mandated that all injection and disposal wells must demonstrate mechanical integrity and file H-5 forms. Since the workover program was initiated the fields have produced approximately 1,000 barrels of oil. We've just sold one load (180 barrels) of oil on the Johnson lease, we've got two loads waiting to go on the Tarver 'B' lease and one load waiting to go on the McCall/Midkiff leases. In addition, two rigs are now performing workovers and we are waiting on a third work-over rig to arrive and we are currently on the waiting list for two additional workover rigs. Our goal is to have all five workover rigs running to bring all remaining wells on-line as quickly as possible."

Bill Stinson, Quest Oil's COO, advised that, "we're also on the waiting list for a drilling rig to drill two 4500' test wells to prove up the lower Barnett zone. The two drill locations has been surveyed and approved. Rigs that can drill to that depth are in big demand in this area, particularly considering EOG's Barnett Shale activity in the adjacent Erath County. At this point we can't really give a timeline for drilling the well, everything depends on when the rig becomes available."

In other matters, Quest Oil is pleased to announce that, under the $8 million financing agreements entered into by the company on October 6, 2005, the Company has made the first required principal and interest payments in cash.

Note: King Drilling of Zephyr, TX, has no relation or association to Quest Oil Corporation's President and CEO, Cameron King.

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 and PetroStar Oil Services, Inc.

On Behalf of the Board

Quest Oil Corporation. "Cameron King" Cameron King MBA -- President and CEO Director

To find out more about Quest Oil Corporation (OTCBB:QOIL - News), visit our website at www.questoil.com.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Quest Oil Corporation has little or no control.

Contact:
Quest Oil Corporation
Mr. Darren Hayes, 1-866-264-7668
(Fax) 1-800-608-3562
[email protected]

--------------------------------------------------------------------------------
Source: Quest Oil Corporation

Press Release Source: First Equity Group; Quest Oil Corporation


StockMarketNewsAlert.com Issues Trade Alert -- Quest Oil Corporation
Wednesday February 1, 9:03 am ET


DEERFIELD BEACH, Fla., Feb. 1, 2006 (PRIMEZONE) -- Quest Oil Corporation (OTC BB:QOIL.OB - News) (http://www.questoil.com) is new to StockMarketNewsAlert.com. According to M. D'Alonzo at First Equity Group, Inc., recent news flow from the company has been very positive. ``The company announced that the approval of their first well location, the QNG-3 on the Nettie Gardner lease (API # 42-307-31138) by the Texas Railroad Commission (TRRC). Quest Oil has retained King Drilling out of Zephyr, Texas, to drill the wells. The total contract is for a five-well back to back program to drill the QNG-3, QNG-4, QNG-5, QNG-6 and QNG-7 locations. The rig will be mobilized out of Blackwell, Texas and is scheduled to spud QNG-3 well February 8th, 2006, and is expected to conclude drilling all five wells within 14 days.
 

Nettie Gardner Lease

Joe Wallen, Quest Oil Corporation's VP of Operations, said, ``This drill program is going to provide definitive information on the capabilities of the target zones and will prove the long-term value of the area. The primary objectives of the program are to develop the field and determine the resource limits to the Pennsylvanian-age Jennings gas sand and Gardner oil sand. The main target is the Jennings gas sand which was productive in the Gardner No.1 well and was encountered in the Gardner No.2 well. The Nettie Gardner development plan is to drill the five infill wells, perforate the Jennings gas zones, clean up the perforations in the existing Gardner No. 1 well, perforate the Jennings sand in the Gardner No.2 well and tie all seven wells into the pipeline approximately one mile from the lease.''

Hawkeye -- Midkiff Lease

According to Mr. Joseph Wallen, ``We're finally starting to realize increasing production from the fruits of our labor. There was more work on rejuvenating the Hawkeye field then we originally anticipated. The Texas Railroad Commission (TRRC) mandated that all injection and disposal wells must demonstrate mechanical integrity and file H-5 forms. Since the workover program was initiated the fields have produced approximately 1,000 barrels of oil. We've just sold one load (180 barrels) of oil on the Johnson lease, we've got two loads waiting to go on the Tarver 'B' lease and one load waiting to go on the McCall/Midkiff leases. In addition, two rigs are now performing workovers and we are waiting on a third work-over rig to arrive and we are currently on the waiting list for two additional workover rigs. Our goal is to have all five workover rigs running to bring all remaining wells on-line as quickly as possible.''

Bill Stinson, Quest Oil's COO, advised, ``We're also on the waiting list for a drilling rig to drill two 4500-foot test wells to prove up the lower Barnett zone. The two drill locations has been surveyed and approved. Rigs that can drill to that depth are in big demand in this area, particularly considering EOG's Barnett Shale activity in the adjacent Erath County. At this point we can't really give a timeline for drilling the well, everything depends on when the rig becomes available.''

In other matters, Quest Oil is pleased to announce that, under the $8 million financing agreements entered into by the company on October 6, 2005, the Company has made the first required principal and interest payments in cash.

Note: King Drilling of Zephyr, TX, has no relation or association to Quest Oil Corporation's President and CEO, Cameron King.

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 and PetroStar Oil Services, Inc.

To find out more about Quest Oil Corporation (OTC BB:QOIL.OB - News), visit our website at http://www.questoil.com.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Quest Oil Corporation has little or no control.

For the full profile, the reader's attention should be drawn to our initiating report, which is available on http://www.StockMarketNewsAlert.com. More information is available on http://www.stockmarketnewsalert.com.

About StockMarketNewsAlert.com

StockMarketNewsAlert.com was developed solely for experienced, risk-tolerant investors. Subscribers to StockMarketNewsAlert.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known.

StockMarketNewsAlert.com's (SMNA) primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small- and micro-cap companies. StockMarketNewsAlert.com is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. SMNA's goal is to feature equity investments in micro- or small-capitalization companies that have the potential for long-term appreciation. SMNA provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. Stockmarketnewsalert.com offers a free financial newsletter. To subscribe or get more information, visit our home page located at http://www.stockmarketnewsalert.com.

Let Stock Market News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at [email protected]. SMNA's e-mail alert service is free to those investors who sign up on the SMNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. To subscribe to this free service, visit the Stock Market News Alert home page at http://www.stockmarketnewsalert.com and select the ``sign up'' button.

Information contained herein is the opinion of stockmarketnewsalert.com and is intended to be used strictly for informational purposes. You should be aware that SMNA attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, SMNA does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of SMNA's analyses and/or parties related to those companies. SMNA also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.

SMNA, because it relies on information supplied by various third parties, disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a SMNA analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an SMNA opinion, recommendation or analysis.

Information regarding companies which SMNA has an opinion upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company. All material herein is information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by First Equity Group, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this profile have approved the statements made in this profile. This profile contains forward-looking statements that involve risks and uncertainties. Statements in this press release about the company's future expectations other than historical facts, are ``forward-looking statements'' within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Act of 1934, as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements. Such ``forward-looking statements'' are subject to risks and uncertainties set forth from time to time in the company's SEC reports that could cause results to differ materially from those expressed or implied include, but are not limited to, the results of future tests and the availability of funding for additional research and development. 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. First Equity Group is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.stockmarketnewsalert.com. First Equity Group has received compensation of forty two thousand dollars; fifty thousand restricted shares and warrants to purchase an additional 150,000 shares at $0.90, $1.00 and $1.25 per share. First Equity Group's affiliates, officers, directors, and employees may also have bought or may buy the shares discussed in this profile and may profit in the event those shares rise in value. First Equity Group 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.


Contact:
         StockMarketNewsAlert.com
         D. Baker
         (954) 943-2273
         [email protected]


--------------------------------------------------------------------------------
Source: First Equity Group; Quest Oil Corporation

>>The rig will be mobilized out of Blackwell, Texas and is scheduled to spud QNG-3 well February 8th, 2006, and is expected to conclude drilling all five wells within 14 days.<<


More news to come. Good reason to hold those shares tight.



Cheers

Yesterday's closing chart.

Technicals
Close Above the 13-day EMA
Percentage Gainer

Last Price Quote is:
13.42%above 13-day EMA
34.77%above 50-day EMA

Could have a Double Bottom (reversal) Pattern in play.

Technicals
Close Above the 50-day EMA
Close Above the 13-day EMA
Percentage Gainer

Last Price Quote is:
18.01%above 13-day EMA
16.23%above 50-day EMA

Press Release Source: Quest Oil Corporation


Dutton Associates Announces Investment Opinion: Quest Oil Rating Strong Speculative Buy In Initiating Coverage By Dutton Associates
Friday March 17, 9:15 am ET


EL DORADO HILLS, Calif.--(BUSINESS WIRE)--March 17, 2006--Dutton Associates initiates coverage of Quest Oil Corporation (OTCBB:QOIL - News) with a Strong Speculative Buy and a price target of $0.90. The 23-page report by Dutton senior analyst Richard R. Wolfe, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias and other leading financial portals.

Quest Oil Corporation has assembled an attractive portfolio of oil and natural gas assets in Alberta, Canada, and Texas, well balanced between high-potential, higher-risk drilling and low-risk, production-ready properties coming on-line at very little capital cost. Management has extensive industry experience that has been instrumental in the Company's rapidly accelerating pace of development, and we expect continued asset and production growth. We estimate that cash flow turned positive in the first months of 2006, and we expect the Company's fourth-quarter results (for the period ended March 31, 2006) to be near break-even, with solid profitability in subsequent quarters. Our cash-flow projections indicate fast-paced growth through 2006 and 2007. By 2008, the Company should be generating discretionary cash flow well in excess of currently estimated capital expenditures. In particular, we estimate that in 2008 and subsequent years, Quest should have approximately $20 million per year available for reinvestment or for share buybacks. Our valuation of Quest common shares, employing the discounted cash-flow method, indicates a $0.90 share price, 200% higher than recent levels for the shares.

About Dutton Associates

Dutton Associates is one of the largest independent investment research firms in the U.S. Its 29 senior analysts are primarily CFAs and have expertise in many industries. Dutton Associates provides continuing analyst coverage of over 130 enrolled companies, and its research, estimates and ratings are carried in all the major databases serving institutions and online investors.

The cost of enrollment in our one-year continuing research program is US $35,000 prepaid for 4 Research Reports, typically published quarterly, and requisite Research Notes. The Firm does not accept any equity compensation. We received $35,000 from the Company for 4 quarterly Research Reports with coverage commencing on 3/17/2006. Our principals and analysts are prohibited from owning or trading in securities of covered companies. The views expressed in this research report accurately reflect the analyst's personal views about the subject securities or issuer. Neither the analyst's compensation nor the compensation received by us is in any way related to the specific ratings or views contained in this research report or note. Please read full disclosures and analyst background at www.jmdutton.com before investing.

Contact:
Dutton Associates, LLC
John M. Dutton, 916-941-8119

--------------------------------------------------------------------------------
Source: Quest Oil Corporation

Press Release Source: Quest Oil


Quest Oil's Bid a Success in Purchase of Acadia Land
Tuesday March 14, 6:00 am ET
3D Seismic Interpretation Complete; Sets Target Drill Locations


HOUSTON, March 14, 2006 (PRIMEZONE) -- Quest Oil Corporation (OTC BB:QOIL.OB - News) is pleased to announce that subsidiary Quest Canada Corp. was successful in acquiring two sections of land and all PNG rights at the Alberta Crown Land sale held on March 08, 2006.

The newly acquired leases are located in the Acadia Valley and are an extension of the Arneson Viking gas pool that was encountered by test wells ``15-34'' and ``10-22''. The sections are approximated one mile northeast of section 34-25-2W4 and directly south of our lands Section No. 11 and No. 12. Quest's successful bid on sections 1-25-2W4 and 2-25-2W4 provide all rights from surface to basement for a five year period and bring the Acadia North land holdings to seven (7) sections totaling 4,480 sq. acres. Quest Oil's President and CEO, Mr. Bill Stinson further stated that, ``The size of the Acadia field is growing nicely from only two sections this time last year to over seven square miles today.''

Mr. Stinson is also please to announce that the interpretation and mapping of the Acadia North 3D seismic shoot was completed just in time to provide detailed information for the recent land sale and proving a valuable resource when projecting values on potential production locations. ``Based on the positive results of the seismic shoot, we have put in motion a four well horizontal drilling program. Dr. Norman Neidell, the consultant that has processed and interpreted the data and has selected four locations based on structural elevation of the Viking sandstone that will maximize production yields. Transaction Oil and Gas Services Ltd., will be operator and will be responsible of permitting and survey.''

Odom Ranch No.1H Well

Quest Oil is pleased to announce that it has agreed to participate in the completion of the Barnett Shale Odom Ranch No.1 H horizontal well in Parker County that commenced drilling on February 5th, 2006 and has reached TD of approximately 9,000 feet. Mr. Stinson stated, ``Based on our examination of the data, Quest Oil Corporation has elected to participate in the completion of the well. The participation in this project, has granted us access to the operational aspects of drilling Barnett Shale horizontal wells which will prove beneficial in our upcoming deep well drill program for Hawkeye/Midkiff leases.''

Nettie Gardner

Due to the continued delays in drill rig availability in the Nettie Gardner, McCullough County area, Mr. Stinson advises, ``That we have decided to put priority on the in-fill drilling program for the Hawkeye -- Midkiff fields; the continued delays in spudding Nettie Gardner has started to encroach on our schedule of events of the other areas. We have already engaged a local drilling company to launch a shallow in-fill drill program on the Hawkeye field and is scheduled to be on site within the week. The five well drill program for Nettie Gardner will be re-scheduled once drill rigs are more readily available and commitments can be met.''

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., Wallstin Petroleum LLC and PetroStar Oil Services Inc.

ON BEHALF OF THE BOARD

Quest Oil Corporation. ``William Stinson'' William Stinson President CEO

To find out more about Quest Oil Corporation (OTC BB:QOIL.OB - News), visit our website at http://www.questoil.com.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Quest Oil Corporation has little or no control.

Contact:
          Quest Oil Corporation
          Mr. Darren Hayes
          Corporate and Business Development
          Tel: (713) 243-7887
          Fax: (713) 243-8801
          [email protected]
          www.questoil.com
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Source: Quest Oil