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General Disclaimer

Oilsands Quest Inc. ("Oilsands Quest" or the "Company") has taken all reasonable care in producing and publishing information contained on this web site, and will endeavor to do so regularly. Material on this site may still contain technical or other inaccuracies, omissions, or typographical errors, for which Oilsands Quest assumes no responsibility. Oilsands Quest does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Oilsands Quest be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer or other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this site. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use, unless you have obtained our express permission.

The American Stock Exchange has not reviewed the information on this web site and does not accept responsibility for the adequacy or accuracy of it.

Forward-Looking Statements

Except for statements of historical fact relating to the companies, this web site contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements such as the estimate of OBIP, the references to Oilsands Quest's anticipated exploration programs and drilling programs and capital expenditures relating to, and timing of, such programs are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements, which include but are not limited to risks inherent in the oil sands industry, regulatory and economic risks, and risks associated with the company's ability to implement its business plan. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control, and no assurance can be given that the programs will be completed on time, on budget or at all. In addition, there are numerous uncertainties inherent in estimating OBIP, including many factors beyond the companies' control, and no assurance can be given that the indicated level of OBIP or the recovery thereof will be realized. In general, estimates of OBIP are based upon a number of factors and assumptions made as of the date on which the resource estimates were determined, such as geological and engineering estimates which have inherent uncertainties. The OBIP estimates for the lands described on this web site may not reflect the same confidence level as estimates of OBIP for Oilsands Quest's total permit lands, due to the effects of aggregation. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements.

Safe Harbour

Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed on this web site contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting Oilsands Quest's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

Third-Party Links

Oilsands Quest has provided links from this web site to several other web sites which are arms-length to the Company. The viewer should be aware that in linking to these outside web sites, he or she is leaving the Oilsands Quest's web site and that Oilsands Quest Inc. is not responsible for the content of any other site.