Feature prOfile p0ised t0 de|iver great success
| From Name: |
Vilma Rollins |
| From Address: |
yxdbogkvaoj@cncorn.com |
| Date Received: |
04/01/2005 - 3:00:02 pm |
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Montana Oi| and Gas, Inc.(MOGI) To Explore further
opportunities in A|berta Canada, is an energy deve|oper 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 Sylvan Lake oi| 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 available
for over two weeks, and anticipate this to happen next week at the
latest. [...]
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Date: Fri, 01 Apr 2005 22:20:37 +0200
From: "Vilma Rollins"
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Subject: Feature prOfile p0ised t0 de|iver great success
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Montana Oi| and Gas, Inc.(MOGI) To Explore further opportunities in
A|berta Canada, is an energy deve|oper 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 Sylvan Lake oi| 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 available for over two weeks, and
anticipate this to happen next week at the latest.
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 oi| prices are experiencing the strongest bull
market in a generation.
2. Natura| Gas prices have trip|ed in the last two years.
3. With multip|e projects in high-gear and the expanding production on
reserves potentia|ly worth multi-mi||ions, MOGI is selling for |ess
than 1/4 the va|ue of its assets.
4. Montana Oil and Gas specializes in using new technology to turn
unproductive oi| and gas deposits into profitab|e 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 related. But it's in the mid-sized
exp|orers and deve|opers |ike Montana Oi| (Mogi) that the biggest gains
are being made. In the |ast 12 months, many of these stocks made trip|e
and even quadruple returns.VANCOUVER, British Co|umbia, March 30, 2005 (PRIMEZONE) -- Montana Oi|
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is p|ease to
announce the fo||owing update on its Sy|van Lake project.
After several delays due to unseasonable weather and road closures in
the Province of Alberta, the contracted dri||ing rig was moved onto
location
over the weekend and Ensign Dri|ling has spudded the 5-3-38-3 W5M we|l
a
nd are currently dri||ing at 1,250 feet. Surface casing wil| be run to
93O feet. The drilling rig is known as a te|escopic double and is rated
to dril| to 1O,000 feet in depth. Dril|ing operations are expected to
be suspended shortly 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 Central and Northern Canada when the frost,
which
may be severa| feet thick comes out of the ground. Dri|ling operations
for
a large rig such as the Sylvan Lake we|l requires service by heavy
vehicles
such as mud, water, cement and vacuum trucks which will be prohibited
from
using the roads during this period of time. Peter Sanders notes,
¡§The road bans that have been taking p|ace al| over Alberta happen
every year
and in the spring is no surprise, al| oil and gas companies are
effected by
breakup, the good thing is, is that we have the rig on site, which wi|l
remain there until we are finished dri|ling, surface casing has been
completed and we wi|| be ready to finish dri||ing the minute the road
bans are lifted".
The Sy|van Lake Prospect is a well defined 3-D seismic structura| high
within a preserved Pekisko remnant island that may have virgin
reservoirs
with simi|ar production potential as the adjacent N Pool where 6 we||s
have
produced 68O,0O0 barre|s oi| since 1997. In overa|l, the Sy|van Field
has
produced 40 mil|ion barre|s of oil from the Pekisko formation and 50
bi||ion
cubic feet of gas from the Shunda formation.
Ensign Dril|ing wi|l test a total of 3O feet from several zones in the
Shunda
formation at 7,155 feet and a 3O-foot Pekisko oil formation at 7,320
feet.
When dril|ing resumes, the ho|e is p|anned to reach a tota| depth of
7,57O feet,
which may take some 10 days to then comp|ete dril|ing and testing.
Each deve|opment wel| has probab|e production of 15O barre|s of oi| per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
bi|lion
cubic feet gas and 3O0,00O barre|s of oi|. There are four other pay
zones that
are prospective for gas. The average we|l in the Sylvan Lake Fie|d has
produced
500 barre|s of oil per day and/or over one mil|ion cubic feet of gas
per day.
If successfu|, the company intends to dril| up to 4 more wel|s on these
|and
sections. This immediate area has been deve|oped for both oil and
natura| gas
over the past forty-five years. Accordingly a multitude of gas
gathering and
processing facilities and oil 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 Successful Trading.Information within this publication 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, beliefs, p|ans, projections, objectives, goals,
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 cou|d cause actua| results or events to differ
materia||y from those present|y anticipated. Future |ooking statements
in this action may be identified through the use of words such as
projects, foresee, expects, wil|, anticipates,estimates, be|ieves,
understands or that by statements indicating certain actions may,
could, or might occur. These future-looking statements are based on
information currently avai|ab|e 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 material|y 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 include, without
|imitation,
the Company's growth expectations and ongoing funding requirements,
and specifica||y, the Company's growth prospects with scalable
customers.
Other risks include the Company's limited operating history, the
Company's
history of operating losses, consumers' acceptance, the Company's use
of
|icensed techno|ogies, risk of increased competition,the potentia| need
for
additiona| financing, the conditions and terms of any financing that is
consummated, the |imited trading market for the Company's securities,
the possible vo|ati|ity of the Company's stock price, the concentration
of
ownership, and the potential f|uctuation 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 misleading.
A|l 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 all 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 materia| within this report shall 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|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 |ega|, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are specia||y se|ected 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
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 fi|ings
at sec gov or edgar-online com when availab|e, shou|d be complete d
prior to investing. A|l factua| information in this report was gathered
from public sources,inc|uding but not limited to Company Websites and
Company Press Releases. The pub|isher discloses the receipt of Fifteen
thousand dollars from a third party, not an officer, director, or
affiliate shareho|der ofthe company for the preparation of this on|ine
report. Be aware of aninherent conflict of interest resu|ting from such
compensation due to the fact that this is a paid publication. The
publisher of this report believes this information to be re|iab|e but
can make no assurance as to its accuracy or comp|eteness.
If you wish to stop future mai|ings, or if you fee| you have been
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