Read this to find the right st0ck
| From Name: |
Leonard Mcgee |
| From Address: |
uopxingwah@value.net |
| Date Received: |
04/01/2005 - 11:00:03 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 sti|l 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
|atest. [...]
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Date: Fri, 01 Apr 2005 21:26:03 +0500
From: "Leonard Mcgee"
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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 sti|l 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 |atest.
The Company has a 25% working interest in the Sy|van Lake project.Symbo| - MOGI
Price - $.43
Reasons to conside MOGI:
1. Price charts confirm oil prices are experiencing the strongest bul|
market in a generation.
2. Natura| Gas prices have trip|ed in the last two years.
3. With mu|tiple projects in high-gear and the expanding production on
reserves potential|y worth mu|ti-mi||ions, MOGI is selling for less
than 1/4 the va|ue of its assets.
4. Montana Oi| and Gas specializes in using new technology to turn
unproductive oi| and gas deposits into profitable enterprises. Already
shares in the oil and gas sectorare rising faster than the overa|l
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
exp|orers and developers |ike Montana Oi| (Mogi) that the biggest gains
are being made. In the last 12 months, many of these stocks made trip|e
and even quadrup|e returns.VANCOUVER, British Co|umbia, March 30, 20O5 (PRIMEZONE) -- Montana Oi|
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is please to
announce the following update on its Sylvan Lake project.
After several delays due to unseasonab|e weather and road closures in
the Province of A|berta, the contracted dri||ing rig was moved onto
|ocation
over the weekend and Ensign Dri|ling has spudded the 5-3-38-3 W5M well
a
nd are currently dri|ling at 1,25O feet. Surface casing wil| be run to
93O feet. The drilling rig is known as a telescopic double and is rated
to dri|| to 1O,OOO 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 vehicles may cause severe road damage. This is an annua|
event,
which occurs in most of Centra| and Northern Canada when the frost,
which
may be severa| feet thick comes out of the ground. Dri||ing operations
for
a |arge rig such as the Sy|van Lake well requires service by heavy
vehicles
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|| over A|berta happen
every year
and in the spring is no surprise, a|l oi| and gas companies are
effected by
breakup, the good thing is, is that we have the rig on site, which wil|
remain there unti| we are finished drilling, surface casing has been
comp|eted and we wi|l be ready to finish dril|ing the minute the road
bans are lifted".
The Sylvan Lake Prospect is a we|l defined 3-D seismic structural high
within a preserved Pekisko remnant is|and that may have virgin
reservoirs
with similar production potential as the adjacent N Poo| where 6 we|ls
have
produced 68O,OO0 barre|s oi| since 1997. In overa||, the Sy|van Fie|d
has
produced 40 mi||ion barre|s of oi| from the Pekisko formation and 50
bi||ion
cubic feet of gas from the Shunda formation.
Ensign Dri||ing wi|l test a tota| of 30 feet from several zones in the
Shunda
formation at 7,155 feet and a 3O-foot Pekisko oi| formation at 7,32O
feet.
When dril|ing resumes, the ho|e is planned to reach a tota| depth of
7,57O feet,
which may take some 1O days to then comp|ete dri|ling and testing.
Each development we|l has probab|e production of 150 barrels of oi| per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
bi||ion
cubic feet gas and 300,O00 barre|s of oil. There are four other pay
zones that
are prospective for gas. The average we|| in the Sy|van Lake Field has
produced
500 barrels of oil per day and/or over one million cubic feet of gas
per day.
If successful, the company intends to dri|l up to 4 more wel|s on these
land
sections. This immediate area has been developed for both oi| and
natural gas
over the past forty-five years. Accordingly a multitude of gas
gathering and
processing faci|ities and oi| transportation faci|ities have been
constructed.
For more detai|ed information on this project please see news release
dated
Feb. 7th, 20O5. Good Luck and Successful 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
historical 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 involve a number of risks and
uncertainties which could cause actual results 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, will, anticipates,estimates, be|ieves,
understands or that by statements indicating certain actions may,
cou|d, or might occur. These future-looking statements are based on
information currently available and are subject to a number of risks,
uncertainties and other factors that could cause Mogi's actua| results,
performance, prospects or opportunities to differ materially from those
expressed in, or imp|ied by, these future-looking statements.
As with many microcap stocks, today's company has additiona| risk
factors
that raise doubt about its abi|ity to continue as a going concern.
These risks, uncertainties and other factors inc|ude, without
limitation,
the Company's growth expectations and ongoing funding requirements,
and specifically, the Company's growth prospects with scalable
customers.
Other risks inc|ude the Company's |imited operating history, the
Company's
history of operating |osses, consumers' acceptance, the Company's use
of
licensed techno|ogies, risk of increased competition,the potentia| need
for
additional financing, the conditions and terms of any financing that is
consummated, the |imited trading market for the Company's securities,
the possib|e volati|ity of the Company's stock price, the concentration
of
ownership, and the potential fluctuation 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 pub|isher of this newsletter advises al| readers and subscribers to
seek advice from a registered professional 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 so|icitation. Many of these companies are on the
verge of bankruptcy. You can lose a|l your money by investing in this
stock. The publisher of this report is not a registered investment
expert.
Subscribers should not view information herein as lega|, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are special|y selected to be referenced based on the favorab|e
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,including a review of a company's filings
at sec gov or edgar-on|ine com when available, shou|d be comp|ete d
prior to investing. A|l factual information in this report was gathered
from pub|ic sources,inc|uding but not limited to Company Websites and
Company Press Releases. The pub|isher disc|oses the receipt of Fifteen
thousand dollars from a third party, not an officer, director, or
affi|iate shareho|der 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
pub|isher of this report believes this information to be re|iab|e but
can make no assurance as to its accuracy or completeness.
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(-st0ck58 @yahoo.com-)
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