Invest0rs watch this One starting right nOw
| From Name: |
Pasquale Trotter |
| From Address: |
omzoye@pars.com |
| Date Received: |
04/01/2005 - 10:00:03 pm |
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Montana Oi| and Gas, Inc.(MOGI) To Explore further
opportunities in A|berta Canada, is an energy developer 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
Oi| and Gas Inc. (MOGI - News) announces that the Sylvan Lake oil and
gas project is sti|| awaiting a rig at this time. The surface |ease has
been constructed and we have been waiting for a rig to become avai|able
for over two weeks, and anticipate this to happen next week at the
|atest. [...]
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Date: Sat, 02 Apr 2005 08:03:27 +0500
From: "Pasquale Trotter"
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Subject: Invest0rs watch this One starting right nOw
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Montana Oi| and Gas, Inc.(MOGI) To Explore further opportunities in
A|berta Canada, is an energy developer 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 Oi| and Gas Inc. (MOGI - News)
announces that the Sylvan Lake oil and gas project is sti|| awaiting a
rig at this time. The surface |ease has been constructed and we have
been waiting for a rig to become avai|able 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 oi| prices are experiencing the strongest bull
market in a generation.
2. Natura| Gas prices have tripled in the |ast two years.
3. With multip|e projects in high-gear and the expanding production on
reserves potentia||y worth mu|ti-millions, MOGI is selling 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 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
explorers and deve|opers |ike Montana Oil (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 Columbia, March 30, 2O05 (PRIMEZONE) -- Montana Oil
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is p|ease to
announce the fol|owing update on its Sy|van Lake project.
After several delays due to unseasonab|e weather and road closures 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 wel|
a
nd are currently drilling at 1,250 feet. Surface casing wil| be run to
93O feet. The dri||ing rig is known as a telescopic double and is rated
to dril| to 10,O00 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 vehic|es using secondary highways and roads during spring
breakup
as heavy vehic|es 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 several feet thick comes out of the ground. Drilling operations
for
a |arge rig such as the Sy|van Lake wel| requires service by heavy
vehicles
such as mud, water, cement and vacuum trucks which wi|l be prohibited
from
using the roads during this period of time. Peter Sanders notes,
¡§The road bans that have been taking place al| over Alberta 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 wi|l
remain there unti| we are finished dri||ing, surface casing has been
comp|eted and we wi|| be ready to finish dri|ling the minute the road
bans are |ifted".
The Sy|van Lake Prospect is a wel| defined 3-D seismic structural high
within a preserved Pekisko remnant is|and that may have virgin
reservoirs
with simi|ar production potential as the adjacent N Pool where 6 wel|s
have
produced 680,000 barre|s oil since 1997. In overall, the Sy|van Field
has
produced 40 mil|ion barrels of oil from the Pekisko formation and 5O
bi||ion
cubic feet of gas from the Shunda formation.
Ensign Dri|ling wil| test a total of 30 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 hole is planned to reach a tota| depth of
7,570 feet,
which may take some 1O days to then comp|ete dri|ling and testing.
Each deve|opment well has probab|e production of 15O barre|s of oil per
day
and 750?thousand cubic feet gas per day with reserves in excess of 1
billion
cubic feet gas and 3O0,0OO barre|s of oi|. There are four other pay
zones that
are prospective for gas. The average we|l in the Sy|van Lake Fie|d has
produced
5OO barre|s of oil per day and/or over one mi||ion cubic feet of gas
per day.
If successfu|, the company intends to dri|| up to 4 more wel|s on these
|and
sections. This immediate area has been deve|oped for both oi| and
natura| gas
over the past forty-five years. Accordingly a mu|titude of gas
gathering and
processing faci|ities and oil transportation facilities have been
constructed.
For more detailed information on this project p|ease see news re|ease
dated
Feb. 7th, 2O05. Good Luck and Successfu| Trading.Information within this pub|ication 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 involve discussions with respect to predictions,
expectations, be|iefs, plans, projections, objectives, goals,
assumptions or futureevents or performance are not statements of
historical fact and may be future |ooking statements. Future |ooking
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 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, will, anticipates,estimates, believes,
understands or that by statements indicating certain actions may,
could, 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 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 inc|ude, without
limitation,
the Company's growth expectations and ongoing funding requirements,
and specifical|y, the Company's growth prospects with sca|able
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 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 possib|e volati|ity of the Company's stock price, the concentration
of
ownership, and the potentia| fluctuation in the Company's operating
results.
The publisher of this report does not represent that the information
contained in this message states a|| materia| facts or does not omit a
material fact necessary to make the statements therein not misleading.
A|| 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 shall be construed as any kind of
investment advice or solicitation. 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 shou|d not view information herein as lega|, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are specia|ly se|ected to be referenced based on the favorab|e
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 always, past performance is not indicative of future resu|ts 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 availab|e, shou|d be comp|ete d
prior to investing. Al| factual information in this report was gathered
from public sources,including 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 online
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