Oilsands Quest announces participation at conference

    NYSE Amex:   BQI

    CALGARY, June 18 /CNW/ - Oilsands Quest Inc. (NYSE Amex:   BQI) announces
its participation at the Canadian International Petroleum Conference ("CIPC")
being held in Calgary from June 16-18, 2009. The conference features a series
of technical sessions where oil and gas industry professionals present the
latest in research or real-world applications of new or improved technologies
for an array of petroleum industry topics.

    June 2009 CIPC conference participation

    Oilsands Quest Engineers will be making two presentations on June 18,
2009. The presentations will be posted on the company's web site

    -   Tyler Krausert, Reservoir Engineer, will provide a presentation
        entitled "Test Site 1: Planning a Field Test - For In Situ Recovery
        of Axe Lake Bitumen with Horizontal Wells."

    -   Dr. Gary Tian, Senior Engineer Technology Testing & Development will
        provide a presentation entitled "Field Measurements of Low Energy Oil
        Sands Mobility - The Bottom-up Process."

    About Oilsands Quest

    Oilsands Quest Inc. (www.oilsandsquest.com) is exploring Canada's largest
holding of contiguous oil sands permits and licences, located in Saskatchewan
and Alberta, and developing Saskatchewan's first global-scale oil sands
discovery. It is leading the establishment of the province of Saskatchewan's
emerging oil sands industry.

For further information:

For further information: Paul K. O'Donoghue, MBA, Vice President,
Investor Relations and Corporate Planning, Email: ir@oilsandsquest.com,
Investor Line: 1-877-718-8941

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Oilsands Quest Inc.

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