8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 29, 2009

Oilsands Quest Inc.

(Exact name of registrant as specified in its charter)

Colorado	001-32994	98-0461154
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

800, 326— 11th Avenue SW
Calgary, Alberta, Canada	T2R 0C5
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (403) 263-1623

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

EX-23.1

EX-23.2

EX-23.3

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

          The following documents are hereby incorporated by reference into the registration statement on Form S-3ASR of Oilsands Quest Inc. No. 333- 147200 as exhibits thereto:

     (d) Exhibits.

23.1	Consent of KPMG LLP.
23.2	Consent of Macleod Dixon LLP.
23.3	Consent of Blake, Cassels & Graydon LLP.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 29, 2009	OILSANDS QUEST INC. (Registrant)
	/s/	Garth Wong
	Name:	Garth Wong
	Title:	Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
23.1	Consent of KPMG LLP.
23.2	Consent of Macleod Dixon LLP.
23.3	Consent of Blake, Cassels & Graydon LLP.

EX-23.1

Exhibit 23.1

KPMG llp
Chartered Accountants	Telephone (403) 691-8000
2700-205 5 Avenue SW	Telefax       (403) 691-8008
Calgary AB T2P 4B9	Internet      www.kpmg.ca

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Board of Directors
Oilsands Quest Inc.

We consent to the reference to our firm under the heading “Independent Registered Public Accounting Firms” in the prospectus supplement dated April 29, 2009 to the base shelf prospectus dated November 7, 2007 included in registration statement (No. 333-147200) on
Form S-3ASR of Oilsands Quest Inc.

(Signed) “KPMG LLP”

Calgary, Canada
April 29, 2009

KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International, a Swiss cooperative.
KPMG Canada provides services to KPMG LLP.

EX-23.2

Exhibit 23.2

Our File Reference: 251838

April 29, 2009

Oilsands Quest Inc.

Re: Oilsands Quest Inc. — Preliminary Prospectus Supplement dated April 29, 2009

We are acting on behalf of Oilsands Quest Inc. (the “Corporation”) in connection with a preliminary prospectus supplement dated April 29, 2009 (the “Prospectus Supplement”) to the base prospectus dated November 7, 2007 included in the Corporation’s Registration Statement on Form S-3ASR (File No. 333-147200), relating to the qualification for distribution of units (“Units”) of the Corporation, each Unit comprised of one common share of the Corporation and one-half of one common share purchase warrant.

We hereby consent to the use of our name, Macleod Dixon llp, under the heading “Legal Matters” and to the use of our name and opinions under the headings “Eligibility for Investment” and “Certain Income Tax Considerations — Certain Canadian Federal Income Tax Considerations” in the Prospectus Supplement.

Sincerely,

MACLEOD DIXON llp

(Signed) “Macleod Dixon llp”

EX-23.3

Exhibit 23.3

Blake, Cassels & Graydon LLP
Barristers & Solicitors
Patent & Trade-mark Agents
855 — 2nd Street S.W.
Suite 3500, Bankers Hall East Tower
Calgary AB T2P 4J8 Canada
Tel: 403-260-9600 Fax: 403-260-9700

April 29, 2009

Reference: New

TO: Oilsands Quest Inc.

Dear Sirs/Mesdames:

Re: Preliminary Prospectus Supplement of Oilsands Quest Inc. dated April 29, 2009

We refer to the preliminary prospectus supplement dated April 29, 2009 (the “Prospectus Supplement”) to the base prospectus dated November 7, 2007 included in the Registration Statement of Oilsands Quest Inc. (the “Corporation”) on Form S-3ASR (File No. 333-147200) relating to the qualification for sale of units of the Corporation (“Units”), each Unit comprised of one common share and one-half one common share purchase warrant of the Corporation.

We hereby consent to the references to our firm name under the heading “Legal Matters” in the Prospectus Supplement and to the use of our name and our opinions under the headings “Certain Income Tax Considerations – Certain Canadian Federal Income Tax Considerations” and “Eligibility for Investment” in the Prospectus Supplement.

Yours Truly,

/s/ Blake, Cassels & Graydon LLP

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