StockPreacher.com Issues Trading Outlook for Oilsands Quest Inc.

StockPreacher.com announces an investment report featuring Oilsands Quest Inc. (NYSE Amex:BQI). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Oilsands Quest Inc. (NYSE Amex:BQI) should be of particular interest to comparable companies Suncor Energy Inc. (NYSE:SU), Canadian Natural Resource Ltd. (NYSE:CNQ), Marathon Oil Corp. (NYSE:MRO) and Chevron Corp. (NYSE:CVX).

The full report is available at: http://www.stockpreacher.com/n/BQI

Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher

Oilsands Quest Inc. (BQI), a development stage company, engages in the acquisition, exploration and development of a variety of projects in the oil and gas sector and in particular the oil sands and oil shale sectors in Western Canada. The Company is aggressively exploring Canada's largest holding of contiguous oil sands permits and licenses. Operating in Saskatchewan's first global-scale oil sands discovery, BQI is leading the establishment of the Canadian province's emerging oil sands industry.

Message Board Search for BQI: http://www.boardcentral.com/boards/BQI

In the report, the analyst notes:

"As stated in its 10-Q Quarterly Report, for the three months ended July 31, 2009, the Company said it is focused on developing its 2009-2010 oil sands exploration plans for the Axe Lake, Raven Ridge, Wallace Creek and Eagles Nest areas, as well as its oil shale exploration plans for the Pasquia Hills area. These planning activities included scouting seismic and exploration drilling targets, preparing regulatory applications and initiating consultation processes for approval of the winter drilling program.

"Moving its exploration programs forward, the Company expects to continue the activities necessary to increase its resource base and to demonstrate the recoverability of its oil sands resources, and believes it has sufficient funds to carry out the planned activities over the next 12 months. As for its Axe Lake or any of its other prospects, the Company expects to see increase in cash requirements alongside accelerated commercial development. However, the Company is confident that it will have access to sufficient funding and sources of capital for its planned activities through to July 31, 2010, thanks to its constant and active monitoring of its expenditure budgets."

To read the entire report visit: http://www.stockpreacher.com/n/BQI

StockPreacher.com is a small-cap research and investment commentary provider striving to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

StockPreacher.com Disclosure

StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: StockPreacher

CONTACT:  StockPreacher.com
Jeff Bishop
(469)-252-3505
press@beaconequity.com

Related terms: advisor, amex, canada, commercial, exploration, gasoline, investment, investment opinion, licenses, nyse, oil, research, saskatchewan, securities, small cap, web