Replies to post #2386 on Quest Oil Corp. (QOIL)

[Greekbulldis]

Behind OPEC they are #1

According to the United States Geological Survey (a bureau of the United States Department of the Interior that employs approximately 8,670 people), the Orinoco Belt alone is estimated to contain 900–1,400 billion barrels (2.2×1011 m3) of heavy crude in proven and unproven deposits.[3] Of this, the United States Geological Survey estimated that 380–652 billion barrels (1.037×1011 m3) could be technically recoverable, which would make Venezuela's total recoverable reserves (proven and unproven) among the largest in the world.

[Greekbulldis]

NEW YORK, NY, Nov 29 2012 (Marketwire) --
Quest Oil Corp. (PINKSHEETS: QOIL) an independent oil production and
technology company announced today that it signed a contract to purchase
land usage rights for 10 years for the exploration of oil production.
This land is located in the Orinoco River in Eastern Venezuela.

It is estimated that the Orinoco region could produce up 1 million bbl.
oil daily by the year 2020, a figure equal to half of Venezuela's current
oil production.