April 6, 2006

SpeculatingStocks.com Stock Pick: Quest Oil Corporation (QOIL)

Stock Price: $0.345 (short-term strong buy)

Quest Oil Corporation is focused on the development of North American oil and gas resource opportunities in Alberta and Texas.

Volume has really begun to pour back into QOIL. However, QOIL has yet to move significantly higher. The time is now for QOIL.

On March 17th, a group named Dutton Associates placed a $0.90 price target on QOIL. Quest Oil plans to acquire Longleaf Production, LLC for $6.5 million. This would be a significant event in Quest Oil's history and take them to a whole new level.

Quest Oil could announce some exploration up in the oil sands of Canada and really send the stock higher.

SpeculatingStocks.com Target Price: We expect QOIL to reach $0.70 within the next 1 - 2 months.