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Oil Quest Resources (OILQ)

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Wednesday 07 September, 2005

Oil Quest Resources

23rd Offshore Licensing Round

Oil Quest Resources PLC
07 September 2005

7 September 2005
                            Oil Quest Resources plc

   Interest in North Sea Block 43/6 Offered in 23rd Offshore Licensing Round

The Directors of Oil Quest Resources plc ('Oil Quest' or 'the Company') are
pleased to announce that as a result of its joint application to the Department
of Trade and Industry in respect of the 23rd Offshore Licensing Round, the
Company has been offered a 30 per cent. interest in Block 43/6 located in the
Southern Gas Basin of the North Sea.

The application group comprised Virgo Energy Limited, designated as operator,
Vectis Petroleum Limited and Oil Quest, which have interests of 60, 10 and 30
per cent. respectively.

Managing director David Bramhill, said today, 'The directors of Oil Quest are
extremely pleased at this early stage of the Company's development to have been
given the opportunity to expand the Company's operations into a new UK area of
interest.  There are believed to be potential reserves of between three to five
billion barrels of oil equivalent remaining in the North Sea.  Oil Quest will
now be involved in the exploration for a share of these reserves.'

For further information contact:

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

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

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

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