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Oilsands Quest has extended its oil sands land holdings in Saskatchewan to the west with the purchase of strategically located exploration permits just across the border in Alberta. The Alberta properties cover 112,598 acres of the company's total contiguous oil sands holdings of 730,598 acres in Saskatchewan and Alberta. The company has conducted seismic surveys on the Alberta lands and, starting in January 2008, Oilsands Quest drilled its first exploratory wells on the Alberta side of its contiguous lands. In May 2008, two new areas of interest were identified: Raven Ridge and Wallace Creek. In June 2008, the Raven Ridge Prospect was upgraded to the Raven Ridge Discovery.
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