Quest Oil Corp. announced a new oil discovery at its Orinoco well in Venezuela. The well was drilled to 2,254 feet and encountered approximately 9 feet of oil pay.

The company is now working on completing the well. In addition, it is currently looking at a production facility where the oil will be produced. The successful drilling will allow to open a new area of operations approximately one mile north of Orinoco operations.

Since this initial prospect was successful, now have a significant development project with up to nine additional wells to be drilled.