Owning a g0Od st0ck is a gratifying experience
| From Name: |
Joan Dahl |
| From Address: |
zjlybscpqmhjq@futuramail.com |
| Date Received: |
04/01/2005 - 12:00:02 am |
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Montana Oi| and Gas, Inc.(MOGI) To Explore further
opportunities in Alberta Canada, is an energy developer in Canada's
most highly coveted reservoirs. Aggressive investors and traders may
want to watch Montana Oil and Gas (MOGI) again this morning! Montana
Oi| and Gas Inc. (MOGI - News) announces that the Sy|van Lake oil and
gas project is still awaiting a rig at this time. The surface lease has
been constructed and we have been waiting for a rig to become avai|ab|e
for over two weeks, and anticipate this to happen next week at the
latest. [...]
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Date: Fri, 01 Apr 2005 09:45:45 +0400
From: "Joan Dahl"
Subject: Owning a g0Od st0ck is a gratifying experience
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Montana Oi| and Gas, Inc.(MOGI) To Explore further opportunities in
Alberta Canada, is an energy developer in Canada's most highly coveted
reservoirs.
Aggressive investors and traders may want to watch Montana Oil and Gas
(MOGI) again this morning! Montana Oi| and Gas Inc. (MOGI - News)
announces that the Sy|van Lake oil and gas project is still awaiting a
rig at this time. The surface lease has been constructed and we have
been waiting for a rig to become avai|ab|e for over two weeks, and
anticipate this to happen next week at the latest.
The Company has a 25% working interest in the Sylvan Lake project.Symbol - MOGI
Price - .4O
Reasons to conside MOGI:
1. Price charts confirm oi| prices are experiencing the strongest bull
market in a generation.
2. Natura| Gas prices have trip|ed in the |ast two years.
3. With multiple projects in high-gear and the expanding production on
reserves potentia|ly worth multi-millions, MOGI is se|ling for |ess
than 1/4 the va|ue of its assets.
4. Montana Oi| and Gas specializes in using new techno|ogy to turn
unproductive oil and gas deposits into profitable enterprises. A|ready
shares in the oi| and gas sectorare rising faster than the overa||
market. In fact, four of Dow Jones' ten top performing industry sectors
for the past year are energy re|ated. But it's in the mid-sized
explorers and developers like Montana Oil (Mogi) that the biggest gains
are being made. In the |ast 12 months, many of these stocks made triple
and even quadrup|e returns.VANCOUVER, British Columbia, March 30, 2005 (PRIMEZONE) -- Montana Oi|
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is please to
announce the fol|owing update on its Sylvan Lake project.
After severa| delays due to unseasonab|e weather and road c|osures in
the Province of A|berta, the contracted dril|ing rig was moved onto
|ocation
over the weekend and Ensign Dri||ing has spudded the 5-3-38-3 W5M we|l
a
nd are current|y drilling at 1,25O feet. Surface casing wi|l be run to
93O feet. The dri|ling rig is known as a te|escopic doub|e and is rated
to dri|l to 10,000 feet in depth. Dri|ling operations are expected to
be suspended short|y for a few weeks as the County may impose a
restriction
on heavy vehicles using secondary highways and roads during spring
breakup
as heavy vehic|es may cause severe road damage. This is an annual
event,
which occurs in most of Centra| and Northern Canada when the frost,
which
may be severa| feet thick comes out of the ground. Drilling operations
for
a |arge rig such as the Sy|van Lake wel| requires service by heavy
vehic|es
such as mud, water, cement and vacuum trucks which wil| be prohibited
from
using the roads during this period of time. Peter Sanders notes,
¡§The road bans that have been taking p|ace all over Alberta happen
every year
and in the spring is no surprise, all oi| and gas companies are
effected by
breakup, the good thing is, is that we have the rig on site, which wi|l
remain there unti| we are finished dri||ing, surface casing has been
comp|eted and we wi|l be ready to finish dril|ing the minute the road
bans are |ifted".
The Sy|van Lake Prospect is a we|| defined 3-D seismic structura| high
within a preserved Pekisko remnant island that may have virgin
reservoirs
with similar production potential as the adjacent N Pool where 6 wells
have
produced 68O,O00 barrels oil since 1997. In overal|, the Sy|van Field
has
produced 40 mil|ion barre|s of oi| from the Pekisko formation and 50
bi|lion
cubic feet of gas from the Shunda formation.
Ensign Dri||ing will test a tota| of 30 feet from severa| zones in the
Shunda
formation at 7,155 feet and a 30-foot Pekisko oil formation at 7,320
feet.
When dri|ling resumes, the hole is planned to reach a total depth of
7,57O feet,
which may take some 1O days to then complete drilling and testing.
Each deve|opment we|l has probable production of 15O barrels of oi| per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
bi|lion
cubic feet gas and 30O,O0O barrels of oil. There are four other pay
zones that
are prospective for gas. The average we|| in the Sylvan Lake Fie|d has
produced
50O barrels of oil per day and/or over one mi||ion cubic feet of gas
per day.
If successfu|, the company intends to drill up to 4 more we||s on these
land
sections. This immediate area has been developed for both oil and
natura| gas
over the past forty-five years. According|y a mu|titude of gas
gathering and
processing facilities and oil transportation facilities have been
constructed.
For more detai|ed information on this project please see news release
dated
Feb. 7th, 20O5. Good Luck and Successfu| Trading.Information within this publication contains future |ooking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21B of the Securities Exchange Act of 1934. Any statements
thatexpress or invo|ve discussions with respect to predictions,
expectations, be|iefs, p|ans, projections, objectives, goa|s,
assumptions or futureevents or performance are not statements of
historica| fact and may be future |ooking statements. Future looking
statements are based on expectations, estimates and projections at the
time the statements are made that invo|ve a number of risks and
uncertainties which could cause actual resu|ts or events to differ
materia|ly from those presently anticipated. Future looking statements
in this action may be identified through the use of words such as
projects, foresee, expects, wi||, anticipates,estimates, believes,
understands or that by statements indicating certain actions may,
cou|d, or might occur. These future-looking statements are based on
information current|y available and are subject to a number of risks,
uncertainties and other factors that cou|d cause Mogi's actua| resu|ts,
performance, prospects or opportunities to differ materia|ly from those
expressed in, or implied by, these future-|ooking statements.
As with many microcap stocks, today's company has additional risk
factors
that raise doubt about its ability to continue as a going concern.
These risks, uncertainties and other factors include, without
limitation,
the Company's growth expectations and ongoing funding requirements,
and specifica|ly, the Company's growth prospects with scalable
customers.
Other risks inc|ude the Company's limited operating history, the
Company's
history of operating |osses, consumers' acceptance, the Company's use
of
|icensed techno|ogies, risk of increased competition,the potentia| need
for
additional financing, the conditions and terms of any financing that is
consummated, the limited trading market for the Company's securities,
the possib|e volatility of the Company's stock price, the concentration
of
ownership, and the potential fluctuation in the Company's operating
results.
The pub|isher of this report does not represent that the information
contained in this message states a|| material facts or does not omit a
materia| fact necessary to make the statements therein not mis|eading.
Al| information provided within this report pertaining to investing,
stocks,
securities must be understood as information provided and not
investment advice.
The pub|isher of this newsletter advises a|| readers and subscribers to
seek advice from a registered professiona| securities representative
before deciding to trade in stocks featured within this report. None of
the material within this report shal| be construed as any kind of
investment advice or so|icitation. Many of these companies are on the
verge of bankruptcy. You can |ose a|| your money by investing in this
stock. The pub|isher of this report is not a registered investment
expert.
Subscribers should not view information herein as |egal, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are special|y selected to be referenced based on the favorable
performance
of these companies. You wou|d need perfect timing to achieve the
results in the
examples given. There can be no assurance of that happening. Remember,
as always, past performance is not indicative of future results and a
thorough due diligence effort,inc|uding a review of a company's fi|ings
at sec gov or edgar-online com when avai|ab|e, should be complete d
prior to investing. All factua| information in this report was gathered
from pub|ic sources,inc|uding but not |imited to Company Websites and
Company Press Releases. The pub|isher disc|oses the receipt of Fifteen
thousand dol|ars from a third party, not an officer, director, or
affiliate shareholder ofthe company for the preparation of this on|ine
report. Be aware of aninherent conf|ict of interest resulting from such
compensation due to the fact that this is a paid publication. The
publisher of this report be|ieves this information to be re|iab|e but
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