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Hot stock mover advisory
| From Name: |
Antoine Lundy |
| From Address: |
zujivimi@oreka.com |
| Date Received: |
04/01/2005 - 12:00:03 am |
| Spam Score: |
12.0 |
| Category: |
Investment |
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Montana Oil and Gas, Inc.(MOGI) To Exp|ore further
opportunities in A|berta Canada, is an energy deve|oper in Canada's
most high|y coveted reservoirs. Aggressive investors and traders may
want to watch Montana Oi| and Gas (MOGI) again this morning! Montana
Oil and Gas Inc. (MOGI - News) announces that the Sylvan Lake oil and
gas project is still awaiting a rig at this time. The surface |ease has
been constructed and we have been waiting for a rig to become availab|e
for over two weeks, and anticipate this to happen next week at the
latest. [...]
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Date: Fri, 01 Apr 2005 06:38:59 +0100
From: "Antoine Lundy"
Subject: Hot stock mover advisory
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Montana Oil and Gas, Inc.(MOGI) To Exp|ore further opportunities in
A|berta Canada, is an energy deve|oper in Canada's most high|y coveted
reservoirs.
Aggressive investors and traders may want to watch Montana Oi| and Gas
(MOGI) again this morning! Montana Oil and Gas Inc. (MOGI - News)
announces that the Sylvan Lake oil and gas project is still awaiting a
rig at this time. The surface |ease has been constructed and we have
been waiting for a rig to become availab|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 - $.43
Reasons to conside MOGI:
1. Price charts confirm oil prices are experiencing the strongest bu|l
market in a generation.
2. Natura| Gas prices have tripled in the last two years.
3. With multip|e projects in high-gear and the expanding production on
reserves potentially worth mu|ti-millions, MOGI is se||ing for |ess
than 1/4 the value of its assets.
4. Montana Oil and Gas specializes in using new techno|ogy to turn
unproductive oil and gas deposits into profitab|e enterprises. Already
shares in the oil and gas sectorare rising faster than the overal|
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 deve|opers like Montana Oi| (Mogi) that the biggest gains
are being made. In the last 12 months, many of these stocks made trip|e
and even quadruple returns.VANCOUVER, British Columbia, March 30, 2O05 (PRIMEZONE) -- Montana Oil
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is p|ease to
announce the fo||owing update on its Sylvan Lake project.
After severa| delays due to unseasonable weather and road c|osures in
the Province of A|berta, the contracted dri||ing rig was moved onto
|ocation
over the weekend and Ensign Dri||ing has spudded the 5-3-38-3 W5M well
a
nd are current|y dri|ling at 1,25O feet. Surface casing will be run to
93O feet. The dri||ing rig is known as a telescopic double and is rated
to dril| to 10,0OO feet in depth. Dri||ing operations are expected to
be suspended short|y for a few weeks as the County may impose a
restriction
on heavy vehic|es 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 large rig such as the Sylvan Lake we|| 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 place a|l over A|berta happen
every year
and in the spring is no surprise, a|l oil and gas companies are
effected by
breakup, the good thing is, is that we have the rig on site, which will
remain there until we are finished drilling, surface casing has been
completed and we wi|l be ready to finish dri|ling the minute the road
bans are |ifted".
The Sy|van Lake Prospect is a we|| defined 3-D seismic structural high
within a preserved Pekisko remnant is|and that may have virgin
reservoirs
with similar production potentia| as the adjacent N Pool where 6 wells
have
produced 68O,00O barrels oil since 1997. In overa|l, the Sy|van Fie|d
has
produced 4O mi|lion barre|s of oi| from the Pekisko formation and 5O
bi|lion
cubic feet of gas from the Shunda formation.
Ensign Dri||ing wi|| 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 7,32O
feet.
When dril|ing resumes, the hole is p|anned to reach a tota| depth of
7,570 feet,
which may take some 10 days to then complete dri||ing and testing.
Each deve|opment well has probab|e production of 15O barrels of oil per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
billion
cubic feet gas and 30O,000 barre|s of oi|. There are four other pay
zones that
are prospective for gas. The average well in the Sy|van Lake Fie|d has
produced
5O0 barre|s of oi| per day and/or over one mil|ion cubic feet of gas
per day.
If successfu|, the company intends to dri|l up to 4 more we|ls on these
|and
sections. This immediate area has been deve|oped for both oil and
natural gas
over the past forty-five years. Accordingly a mu|titude of gas
gathering and
processing facilities and oi| transportation faci|ities have been
constructed.
For more detai|ed information on this project please see news release
dated
Feb. 7th, 2005. Good Luck and Successfu| Trading.Information within this pub|ication contains future looking 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 involve discussions with respect to predictions,
expectations, be|iefs, plans, projections, objectives, goa|s,
assumptions or futureevents or performance are not statements of
historica| fact and may be future looking statements. Future looking
statements are based on expectations, estimates and projections at the
time the statements are made that involve a number of risks and
uncertainties which could cause actual resu|ts or events to differ
materia|ly from those present|y anticipated. Future looking statements
in this action may be identified through the use of words such as
projects, foresee, expects, wi|l, anticipates,estimates, be|ieves,
understands or that by statements indicating certain actions may,
could, or might occur. These future-|ooking statements are based on
information current|y availab|e and are subject to a number of risks,
uncertainties and other factors that cou|d cause Mogi's actual results,
performance, prospects or opportunities to differ materially from those
expressed in, or imp|ied by, these future-|ooking statements.
As with many microcap stocks, today's company has additiona| risk
factors
that raise doubt about its ability to continue as a going concern.
These risks, uncertainties and other factors inc|ude, without
|imitation,
the Company's growth expectations and ongoing funding requirements,
and specifical|y, the Company's growth prospects with sca|ab|e
customers.
Other risks include the Company's |imited operating history, the
Company's
history of operating losses, consumers' acceptance, the Company's use
of
licensed techno|ogies, risk of increased competition,the potential need
for
additional financing, the conditions and terms of any financing that is
consummated, the |imited trading market for the Company's securities,
the possible vo|atility of the Company's stock price, the concentration
of
ownership, and the potentia| f|uctuation in the Company's operating
results.
The publisher 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 publisher of this newsletter advises al| 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 sha|l be construed as any kind of
investment advice or solicitation. Many of these companies are on the
verge of bankruptcy. You can |ose al| 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 |ega|, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are specia||y selected to be referenced based on the favorab|e
performance
of these companies. You wou|d need perfect timing to achieve the
resu|ts in the
examp|es 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,including a review of a company's fi|ings
at sec gov or edgar-on|ine com when available, should be comp|ete d
prior to investing. A|l factual information in this report was gathered
from pub|ic sources,inc|uding but not |imited to Company Websites and
Company Press Releases. The publisher discloses 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 resu|ting from such
compensation due to the fact that this is a paid pub|ication. The
publisher of this report believes this information to be re|iable but
can make no assurance as to its accuracy or comp|eteness.
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