Oil Quest Resources

Director Shareholding

Oil Quest Resources PLC
09 June 2005

                            OIL QUEST RESOURCES plc

                                 (Ticker: OILQ)


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

Name                                  Number of   Revised number      Percentage
                                         shares   of shares held        interest

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]

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

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