Aeroquest International Limited (TSX:AQL)-Aeroquest International Announces the Establishment of Its New Multi-Client Survey Ini

Attention business/financial editors and reporters:

Aeroquest International Limited (TSX:AQL) ("Aeroquest") announces the
establishment of its new Multi-Client survey business, Aeroquest Data Services
Ltd. (ADSL) established to provide its clients with an alternative to
traditional exclusive contract survey services.


ADSL will work with clients to design and fly non-exclusive airborne geophysical
surveys, providing all the design, logistical, field services, as well as data
processing, and enhanced interpretive products. ADSL will retain ownership of
the data and make that data available to sponsoring parties on an exclusive
basis under certain conditions and to other interested parties after the expiry
of any exclusivity periods.


"Non-exclusive surveys give us the opportunity to provide attractive survey
rates to sponsoring parties in exchange for ownership of the survey data," said
Jim Genereux, Vice President, Petroleum Services, at Aeroquest International,
who has been appointed to run ADSL, "Over time, we expect to build a large and
valuable data library of magnetic, magnetic gradient, gravity and
electromagnetic surveys in highly prospective exploration areas around the
world."


As its first survey, ADSL will shortly begin a 100,000 line kilometer fixed wing
magnetic survey in the Fort Worth Basin of Texas, targeting the resource rich
gas shale play of the Barnett Shale formation. 100 percent of the costs of this
survey have been pre-funded, and the data will be available for licensing to
interested parties upon the completion of data acquisition.


ADSL is currently developing multi-client survey opportunities in other
prospective hydrocarbon regions of the United States and Canada as well as
certain locations on the continents of Africa and Asia, and expects to operate
on a basis where all of the costs of a given survey are covered prior to the
commencement of work.


"The establishment of ADSL is the next logical step in the expansion of our
Mining and Petroleum Services initiatives" said Roy Graydon, President & CEO of
Aeroquest International, "by sharing some of the up-front risk with our
customers, we can put ourselves in a position to benefit proportionally in the
future, and in many cases earn higher returns for our shareholders than in the
more traditional contract survey work."


About Aeroquest International

Aeroquest International is a global information and technology services company
and a leader in the development and operation of innovative and proprietary
geophysical surveying platforms for the mineral and petroleum exploration, and
environmental services industries. Directly, and through its sister companies
UTS Geophysics and Geophex, Aeroquest fields a fleet of helicopter and fixed
wing survey systems and is active around the world. More information about
Aeroquest can be found at www.aeroquest.ca. More information on UTS Geophysics
can be found at www.uts.com.au. More information on Geophex can be found at
www.geophex.com.


For Investors

This news release may include statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. Aeroquest cautions that actual performance will be affected by a
number of factors, many of which are beyond its control. Future events and
results may vary substantially from what Aeroquest currently foresees.
Discussion of the various factors that may affect future results is contained in
Aeroquest's recent filings, available on SEDAR.