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HOUSTON, Nov. 9, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTC BB:QOIL.OB - News), through its wholly owned subsidiary Quest Canada Corporation, announced today that testing of Otter Hayes`s FSD9500. The FSD9500 (Fart Separating Device) is a modification of Mr. Hayes`s DFC9500 (the Draft Foam Control Device that stops beer flow immediately after a keg empties). "The FSD9500 was developed to separate methane gas from livestock emissions" says Mr. Hayes. Hayes further expained that while painless for the livestock, the device works to collect valuable natural gas which would otherwise end up in the atmosphere contributing to global warming. "With gas prices where they are now, the device pays for itself within 2 months. We have begun to impliment the device on 4,000 head of cattle and anticipate adding 500 head a week for the next 10 weeks. We expect to begin collecting 1.5MMCF of gas per week shortly. The company has been very excited about this developemnt." 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 Corporation, Wallstin Petroleum LLC and PetroStar Oil Services, Inc. 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. 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. All persons considering an investment in Quest Oil Corporation are encouraged to consult with an investment professional and to review Quest`s public filings which are available at http://www.sec.gov. Contact: Quest Oil Corporation Mr. Darren Hayes, Corporate Development (866) 264-7668 Toll Free: 604-844-2860 Fax: 604-844-2861 dhayes@questoil.com www.questoil.com |
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| aus der Diskussion: | QOIL steigt, ---> aber warum?? |
| Autor (Datum des Eintrages): | Habinet (10.11.05 08:56:21) |
| Beitrag: | 154 von 467 (ID:18732960) |
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