ARLINGTON, Texas, July 11, 2005 (PRIMEZONE) -- Quest Oil Corporation ("Quest" or the "Company") (OTCBB:QOIL) announces today that the drilling of the Acadia North 10-22-25-2W4M well has reached casing depth at 723.5 meters, which is three (3) meters above the Viking sand reservoir. The Company has authorized the Operator to set production casing and cement it in to bore hole. Once production casing is set, this will complete the drill program and the rig will tear out and move to the next location, Acadia 15-34. The Acadia well 15-34-25-2W4M has a scheduled spud date of July 17th, 2005. Once the Acadia 15-34 well has been drilled and cased, the two holes will be logged through casing and immediate requisition of an Endless Tubing Unit will move on site and drill out both wells to completion and tie-in.
Quest Oil believes the completion of these wells is the most critical phase of our drill program. It has been advised by Richard Johnson P.Eng., Special Projects Adviser, "The completion will be made by an Endless Tubing Unit (ETU); the ETU method is far less intrusive when penetrating the pay zone and allows a far greater control when encountering the pay." As a matter of clarification, an ETU with a down-hole motor and air compressor will move onto the lease and drill out of the casing with water. The ETU will then switch over to high pressure air and drill into the top of the Viking reservoir, using the air to remove the drill cuttings. As soon as natural gas is encountered, the tubing and the bit will be stripped out of the well under pressure and the wellhead valve closed to wait a flow test and pipeline tie-in.
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), visit our website at www.questoil.com.
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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.