Alberta Oilsands Inc. presents at Global Energy Conference



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

    CALGARY, Oct. 24 /CNW/ - Alberta Oilsands Inc. (AOS-TSX-V) announces that
the company's Executive Chairman, Shabir Premji, C.A., will make a corporate
presentation at the CanaccordAdams Global Energy Conference in Miami, Florida,
U.S.A., on Wednesday, October 24, 2007.
    The presentation will be posted on the Company's web site the same day.

    Alberta Oilsands Inc. is a technically driven, high growth junior
oilsands company focused on creating long term sustainable value through the
rapid delineation of the oil sands resources located on the company's 100%
working interest lands.

    %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 Finance and Business Development, T: (403) 538-3191,
F: (403) 263-6702, cdust@aboilsands.ca

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ALBERTA OILSANDS INC.

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