Alberta Oilsands Inc. will participate in Oil Sands Conference



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

    CALGARY, Sept. 22 /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 Orion Securities Emerging Oil Sands Conference
in Toronto, Ontario on the afternoon of Monday, September 24, 2007.

    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.; Company website: www.aboilsands.ca.

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ALBERTA OILSANDS INC.

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