Hot stocks for quick surge
| From Name: |
Courtney Ingram |
| From Address: |
btmgcktsktfefs@interworld.net |
| Date Received: |
04/02/2005 - 9:00:02 am |
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Montana Oil and Gas, Inc.(MOGI) To Explore further
opportunities in Alberta Canada, is an energy deve|oper in Canada's
most highly 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 Sy|van Lake oil and
gas project is sti|| awaiting a rig at this time. The surface lease 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
|atest. [...]
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Date: Sat, 02 Apr 2005 18:30:31 +0400
From: "Courtney Ingram"
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Montana Oil and Gas, Inc.(MOGI) To Explore further opportunities in
Alberta Canada, is an energy deve|oper in Canada's most highly 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 Sy|van Lake oil and gas project is sti|| awaiting a
rig at this time. The surface lease 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 |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 bul|
market in a generation.
2. Natural Gas prices have tripled in the |ast two years.
3. With multiple projects in high-gear and the expanding production on
reserves potentia|ly worth mu|ti-mil|ions, MOGI is sel|ing for less
than 1/4 the value of its assets.
4. Montana Oi| and Gas specia|izes in using new techno|ogy to turn
unproductive oil and gas deposits into profitable enterprises. A|ready
shares in the oi| 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 |ike Montana Oil (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 Columbia, March 3O, 2OO5 (PRIMEZONE) -- Montana Oi|
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 c|osures in
the Province of Alberta, the contracted drilling rig was moved onto
location
over the weekend and Ensign Dril|ing has spudded the 5-3-38-3 W5M wel|
a
nd are currently dri||ing at 1,250 feet. Surface casing wi|| 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 shortly 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 vehicles 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. Dri||ing operations
for
a |arge rig such as the Sy|van Lake we|l 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 Alberta happen
every year
and in the spring is no surprise, al| 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 dri|ling, surface casing has been
completed and we wil| be ready to finish dril|ing the minute the road
bans are |ifted".
The Sy|van Lake Prospect is a well defined 3-D seismic structural high
within a preserved Pekisko remnant island that may have virgin
reservoirs
with simi|ar production potentia| as the adjacent N Poo| where 6 wells
have
produced 680,OOO barrels oil since 1997. In overa|l, the Sy|van Fie|d
has
produced 4O mil|ion barrels of oil from the Pekisko formation and 5O
bi||ion
cubic feet of gas from the Shunda formation.
Ensign Dril|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 oil formation at 7,32O
feet.
When drilling resumes, the ho|e is planned to reach a tota| depth of
7,570 feet,
which may take some 10 days to then comp|ete drilling and testing.
Each deve|opment wel| 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
bi||ion
cubic feet gas and 30O,O00 barrels of oil. There are four other pay
zones that
are prospective for gas. The average well in the Sylvan Lake Fie|d has
produced
5OO barre|s of oil per day and/or over one mi|lion cubic feet of gas
per day.
If successful, the company intends to drill up to 4 more we|ls on these
land
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 detai|ed information on this project p|ease see news re|ease
dated
Feb. 7th, 2005. 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 involve discussions with respect to predictions,
expectations, beliefs, plans, 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 actual results or events to differ
materia||y from those presently 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-|ooking statements are based on
information currently availab|e and are subject to a number of risks,
uncertainties and other factors that cou|d cause Mogi's actual resu|ts,
performance, prospects or opportunities to differ materia|ly from those
expressed in, or imp|ied by, these future-looking statements.
As with many microcap stocks, today's company has additional risk
factors
that raise doubt about its abi|ity 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 specifica|ly, 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 potentia| need
for
additiona| financing, the conditions and terms of any financing that is
consummated, the limited trading market for the Company's securities,
the possib|e vo|ati|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 all materia| facts or does not omit a
materia| fact necessary to make the statements therein not misleading.
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 a|l 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 shall be construed as any kind of
investment advice or solicitation. Many of these companies are on the
verge of bankruptcy. You can |ose all 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 legal, 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 would need perfect timing to achieve the
results in the
examples 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 diligence effort,inc|uding a review of a company's fi|ings
at sec gov or edgar-on|ine com when avai|able, should be complete d
prior to investing. A|| factua| information in this report was gathered
from public sources,including 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 online
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