QOIL : Oil Play.

[saffeysite1]

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

[JMoney]

Good Luck Saffey, I sold out on Friday. 

[setravis]

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

[netman]

Guys,
Any idea of  the price?

[saffeysite1]

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.

[setravis]

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

[saffeysite1]

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.

[setravis]

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.

[setravis]

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)

[phabrux]

QOIL might have some legs left IMHO!

[gmarc66]

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.

[3puttssuck]

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.

[gmarc66]

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

thanks very much,

julia

[3puttssuck]

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.

[gmarc66]

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