**U.
      S. SECURITIES AND EXCHANGE COMMISSION**


**WASHINGTON,
      D.C. 20549**





**FORM
      10-KSB/A**


(Mark
      One)





[**X**]
            ANNUAL
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934




For
      the
      fiscal year ended **March
      31, 2006**





[
                ]
            TRANSITION
                REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
                ACT OF
                1934


For
      the
      transition period from ___________ to _____________





Commission
      File Number: **1089104**





**QUEST
      OIL CORPORATION**


(Name
      of
      small business issuer as specified in its charter)





**Nevada**
            **90-0281227**(State
                or other jurisdiction of
              incorporation
                or organization)
            (I.R.S.
                Employer
              Identification
                No.)**2038
                Corte Del Nogal, Suite 110**
              **Carlsbad,
                CA 92011**
              **________________________________________________________________________**
              (Address
                of principal executive offices, including zip
                code)




Registrant’s
      telephone number, including area code:   ( **760)
      804-8844**


Securities
      registered pursuant to Section 12(b) of the Act:  **None**


Securities
      registered pursuant to Section 12(g) of the Act:  **$.001
      par value common stock**


___________________




Check
      whether the issuer (1) filed all reports required to be filed by
      Section 13 or 15(d) of the Exchange Act of 1934 during the past 12 months
      (or for such shorter period that the registrant was required to file such
      reports), and (2) has been subject to such filing requirements for the past
      90 days.  Yes  **X**  No




Check
      if
      disclosure of delinquent filers pursuant to Item 405 of Regulation S-B is not
      contained in this form, and no disclosure will be contained, to the best of
      registrant’s knowledge, in definitive proxy or information statements
      incorporated by reference in Part III of this Form 10-KSB or any amendment
      to
      this Form 10-KSB. [ ]





The
      issuer’s revenues for the most recent fiscal year were $1,560,443





The
      aggregate market value of the voting and non-voting common equity held by
      non-affiliates of the registrant was approximately $5,721,465 as of August,
      14,
      2006. Shares of common stock held by each officer and director and by each
      person or group who owns 10% or more of the outstanding common stock amounting
      to 1,402,950 shares have been excluded in that such persons or groups may be
      deemed to be affiliates. This determination of affiliate status is not
      necessarily a conclusive determination for other purposes.





**As
      of August 15, 2006, 72,921,266 shares of our common stock were issued and
      outstanding.**





Documents
      Incorporated by Reference: None.





Transitional
      Small Business Disclosure Format: No.





**EXPLANATORY
      NOTE**





This
      Form
      10-KSB/A is being filed solely to correct the dates on the Exhibit 31.1 and
      31.2
      Certifications which were filed pursuant to the Sarbanes-Oxley Act of 2002.
      No
      other changes have been made.