November 16, 2006

Pursuant to a fundamental change review, the common shares of Interquest Inc. have re-qualified for listing and will resume trading on Friday, November 17, 2006. On July 12, 2006 the Company announced that it had entered into an agreement to acquire Warburg Resources Inc., an Alberta based oil and gas company. The assets of Warburg are comprised of the "Virgo", "Dyberg" and "Bulwark" properties. There are approximately 85.9 million shares outstanding with a public float of 30.4 million shares.

Listing and disclosure documents that describe the transaction and a National Instrument 51-101 compliant technical report can be found in the CNQ Issuer Disclosure Hall.

Trading Date: Friday, November 17, 2006
Symbol: IQIT
CUSIP: 46069J 40 6

If you have any questions or require further information about this or anything else about CNQ please contact Radhika Joseph at (416) 572-2000 X 2435 or E-mail: [email protected]