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Oil Quest Resources (OILQ)

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Thursday 09 June, 2005

Oil Quest Resources

Director Shareholding

Oil Quest Resources PLC
09 June 2005

                            OIL QUEST RESOURCES plc

                                 (Ticker: OILQ)



                  DIRECTORS' AND MANAGEMENT SHARE TRANSACTIONS





Oil Quest Resources plc (the 'Company'), the AIM quoted oil and gas exploration
company, today announces that on 8 June 2005 certain of its directors and
management have notified the Company of their purchase on that day of an
aggregate of 630,000 shares at a price of 14.5p per share.  Details of these
share purchases and the holdings of each director and manager concerned are as
follows:


Name                                  Number of   Revised number      Percentage
                                         shares   of shares held        interest
                                      purchased

Michael Thomsen                          35,000           55,000           0.12%
David Bramhill                          105,000          293,701           0.66%
Joseph O'Farrell                        140,000          530,000           1.20%
David Racher                            150,000          220,000           0.50%
Dr Richard Stabbins                     150,000          250,000           0.56%
Michael Burton (Financial Controller)    50,000          106,851           0.24%




For further information:


David Bramhill                           Dominic Barretto/Maxine Barnes
Oil Quest Resources plc                  Bishopsgate Communications Ltd
+44 (0)117 957 3666                      +44 (0)20 7430 1600
[email protected]                      [email protected]
www.oilquest.net

Tim Feather/Bill Staple
Westhouse Securities LLP
+44 (0)20 7601 6101
[email protected]




                      This information is provided by RNS
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