Alberta Oilsands Inc. announces first quarter 2009 results



    
    /NOT FOR DISTRIBUTION TO THE U.S.A. NEWS WIRE SERVICES OR FOR
    DISSEMINATION TO THE U.S.A./
    

    CALGARY, May 29 /CNW/ - Alberta Oilsands Inc. ("Alberta Oilsands" or the
"Company") (TSXV: AOS) is pleased to announce that it has filed with Canadian
securities authorities its interim unaudited consolidated financial statements
and management's discussion and analysis for the interim period ended March
31, 2009.
    Copies of the filed documents may be obtained through www.sedar.com.

    %SEDAR: 00020297E




For further information:

For further information: Alberta Oilsands Inc., Suite 2800, 350 - 7th
Avenue S.W., Calgary, Alberta, T2P 3N9; Shabir Premji, Executive Chairman, T:
(403) 232-3341, F: (403) 263-6702, spremji@aboilsands.ca; or Chad Dust,
Executive Vice-President, T: (403) 538-3191, cdust@aboilsands.ca; Company
website: www.aboilsands.ca

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ALBERTA OILSANDS INC.

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