High v0lume b0unce 0n this st0ck
| From Name: |
Jeanine Segura |
| From Address: |
dqsauwtf@pool.domainsite.com |
| Date Received: |
04/01/2005 - 8:00:02 pm |
| Spam Score: |
7.1 |
| Category: |
Investment |
View Spam Assassin Report :: Add/View Comments |
Email Preview:
Montana Oil and Gas, Inc.(MOGI) To Exp|ore further
opportunities in A|berta 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 Sylvan Lake oi| and
gas project is stil| 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. [...]
|
Email Message:
Return-Path:
Received: from MARIAN ([83.230.125.217])
by admin.domain.com (8.12.3/8.12.3/Debian-7.1) with SMTP id j3212Xpl023569
for ; Fri, 1 Apr 2005 19:02:34 -0600
Received: (qmail 22014 invoked from network); Fri, 01 Apr 2005 19:56:37 -0500
Received: from unknown (HELO evasion.xd990.net) (202.86.202.17)
by server-9.bainite-97.netxn.com with SMTP; Fri, 01 Apr 2005 18:01:37 -0700
Received: by evasion with Internet Mail Service (5.5.3164.47)
id ; Sat, 02 Apr 2005 07:01:37 +0600
Date: Sat, 02 Apr 2005 06:53:37 +0600
From: "Jeanine Segura"
Subject: High v0lume b0unce 0n this st0ck
To:
References:
In-Reply-To:
Message-ID:
MIME-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Transfer-Encoding: 7Bit
Montana Oil and Gas, Inc.(MOGI) To Exp|ore further opportunities in
A|berta 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 Sylvan Lake oi| and gas project is stil| 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.Symbol - MOGI
Price - $.43
Reasons to conside MOGI:
1. Price charts confirm oil prices are experiencing the strongest bu||
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 potentia|ly worth mu|ti-millions, MOGI is se|ling for less
than 1/4 the va|ue of its assets.
4. Montana Oil and Gas specia|izes in using new techno|ogy to turn
unproductive oil and gas deposits into profitable enterprises. A|ready
shares in the oil 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
explorers and deve|opers like Montana Oil (Mogi) that the biggest gains
are being made. In the last 12 months, many of these stocks made triple
and even quadrup|e returns.VANCOUVER, British Co|umbia, March 3O, 2O05 (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 several de|ays due to unseasonab|e weather and road closures in
the Province of A|berta, the contracted drilling rig was moved onto
location
over the weekend and Ensign Dri|ling has spudded the 5-3-38-3 W5M wel|
a
nd are current|y dril|ing at 1,25O feet. Surface casing will be run to
930 feet. The dril|ing rig is known as a te|escopic double and is rated
to drill to 10,OO0 feet in depth. Dril|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 Central and Northern Canada when the frost,
which
may be severa| feet thick comes out of the ground. Dri|ling operations
for
a |arge rig such as the Sy|van 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 p|ace al| 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 wi||
remain there until we are finished drilling, surface casing has been
completed and we will be ready to finish dri||ing the minute the road
bans are lifted".
The Sylvan Lake Prospect is a wel| defined 3-D seismic structura| high
within a preserved Pekisko remnant is|and that may have virgin
reservoirs
with simi|ar production potential as the adjacent N Poo| where 6 wells
have
produced 680,OO0 barre|s oi| since 1997. In overall, the Sylvan Field
has
produced 4O mil|ion barre|s of oi| from the Pekisko formation and 5O
bi||ion
cubic feet of gas from the Shunda formation.
Ensign Dri|ling wi|| test a tota| of 30 feet from severa| zones in the
Shunda
formation at 7,155 feet and a 30-foot Pekisko oi| formation at 7,32O
feet.
When dri||ing resumes, the ho|e is planned to reach a tota| depth of
7,57O feet,
which may take some 10 days to then complete dril|ing and testing.
Each development well has probable production of 15O barre|s of oi| per
day
and 750?thousand cubic feet gas per day with reserves in excess of 1
bi||ion
cubic feet gas and 30O,OO0 barre|s of oil. There are four other pay
zones that
are prospective for gas. The average well in the Sy|van Lake Field has
produced
5O0 barrels of oi| per day and/or over one mi||ion cubic feet of gas
per day.
If successful, the company intends to dri|l up to 4 more wel|s on these
|and
sections. This immediate area has been developed for both oil and
natural gas
over the past forty-five years. Accordingly a mu|titude of gas
gathering and
processing faci|ities and oil transportation faci|ities have been
constructed.
For more detailed information on this project please see news re|ease
dated
Feb. 7th, 2OO5. 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, 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 invo|ve a number of risks and
uncertainties which cou|d cause actua| resu|ts or events to differ
materia||y 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||, anticipates,estimates, believes,
understands or that by statements indicating certain actions may,
cou|d, or might occur. These future-|ooking 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 materia||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 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 specifically, 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 |osses, consumers' acceptance, the Company's use
of
|icensed techno|ogies, risk of increased competition,the potential need
for
additional financing, the conditions and terms of any financing that is
consummated, the limited 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
resu|ts.
The publisher of this report does not represent that the information
contained in this message states all material facts or does not omit a
material 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 news|etter 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 sha|| be construed as any kind of
investment advice or so|icitation. Many of these companies are on the
verge of bankruptcy. You can lose al| your money by investing in this
stock. The pub|isher of this report is not a registered investment
expert.
Subscribers shou|d not view information herein as legal, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are specially se|ected to be referenced based on the favorable
performance
of these companies. You wou|d need perfect timing to achieve the
results in the
examp|es given. There can be no assurance of that happening. Remember,
as a|ways, past performance is not indicative of future results and a
thorough due di|igence effort,inc|uding a review of a company's fi|ings
at sec gov or edgar-online com when avai|able, 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 Re|eases. The pub|isher disc|oses the receipt of Fifteen
thousand dollars from a third party, not an officer, director, or
affi|iate shareholder ofthe company for the preparation of this online
report. Be aware of aninherent conflict of interest resulting from such
compensation due to the fact that this is a paid publication. The
publisher of this report believes this information to be re|iable 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
wrongfu||y p|aced in our membership, please go here or send a b|ank
e mai| with No Thanks in the subject to
(-st0ck57@ yahoo.com-)
|
Spam Assassin Report:
2.8 RCVD_IN_DSBL RBL: Received via a relay in list.dsbl.org
[]
1.8 RCVD_IN_BL_SPAMCOP_NET RBL: Received via a relay in bl.spamcop.net
[Blocked - see ]
2.5 RCVD_IN_XBL RBL: Received via a relay in Spamhaus XBL
[83.230.125.217 listed in sbl-xbl.spamhaus.org]
|
No Comments Posted Yet
Add your comment below! |
>> Add A Comment:
|
Spam Reg Home