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Oil Quest Resources (OILQ)

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Thursday 17 November, 2005

Oil Quest Resources

Statement re. Suspension

Oil Quest Resources PLC
17 November 2005

                            OIL QUEST RESOURCES PLC


Further to press speculation this morning, the Directors of Oil Quest Resources
plc (the 'Company') announce that they are in discussions in relation to an
acquisition which would constitute a reverse takeover under the AIM Rules.  As a
result, the shares in the Company have been suspended pending the publication of
the admission document.

A further announcement will be made when appropriate.

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                   

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