Alberta Oilsands Inc. Announces Results of the Review of Year End Clearwater Reserves

SERVICES OR FOR DISSEMINATION TO THE U.S.A. Calgary, Alberta CANADA, July 20, 2011 /FSC/ – Alberta Oilsands Inc. (AOS – TSX Venture)(the “Company” or “AOS”) and its independent reserve evaluator, Ryder Scott Company Canada – Petroleum Consultants (“Ryder

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