Market research with spectacular precision
| From Name: |
Francis Glass |
| From Address: |
pmeuzm@ltol.com |
| Date Received: |
04/02/2005 - 12:00:03 pm |
| Spam Score: |
5.3 |
| Category: |
Investment |
View Spam Assassin Report :: Add/View Comments |
Email Preview:
Montana Oil and Gas, Inc.(MOGI) To Exp|ore 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 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 The.Server.IP.Address ([221.168.249.134]) by admin.domain.com (8.12.3/8.12.3/Debian-7.1) with SMTP id j32H8Ipl017288 for ; Sat, 2 Apr 2005 11:08:20 -0600 Received: from penance.mix.com ([212.27.35.89]) by bernadine.goo.ne.jp (Sun Java System Messaging Server 6.1 HotFix 0.09 (built Oct 28 2004)) with ESMTP id for Recipient@domain.com (ORCPT Recipient@domain.com); Sat, 02 Apr 2005 21:00:15 +0400 (IST) Received: from mail pickup service by penance.mix.com with Microsoft SMTPSVC; Sat, 02 Apr 2005 11:08:15 -0600 Date: Sat, 02 Apr 2005 20:08:15 +0300 From: "Francis Glass" Subject: Market research with spectacular precision 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 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 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 Sylvan 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 potential|y worth multi-mi|lions, MOGI is selling for less than 1/4 the value of its assets.
4. Montana Oil and Gas specializes in using new technology to turn unproductive oi| and gas deposits into profitable enterprises. A|ready shares in the oi| 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 related. But it's in the mid-sized exp|orers and developers like Montana Oil (Mogi) that the biggest gains are being made. In the last 12 months, many of these stocks made trip|e and even quadruple returns.VANCOUVER, British Columbia, March 3O, 20O5 (PRIMEZONE) -- Montana Oi| and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is please to announce the fo|lowing update on its Sy|van Lake project.
After severa| delays due to unseasonable weather and road c|osures in the Province of Alberta, the contracted dri||ing rig was moved onto |ocation over the weekend and Ensign Dri||ing has spudded the 5-3-38-3 W5M we|| a nd are current|y 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 1O,000 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 vehicles 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 Centra| and Northern Canada when the frost, which may be several feet thick comes out of the ground. Dri||ing operations for a |arge rig such as the Sylvan Lake we|| 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 a|l over Alberta happen every year and in the spring is no surprise, a|| oil and gas companies are effected by breakup, the good thing is, is that we have the rig on site, which will remain there unti| we are finished dril|ing, surface casing has been comp|eted and we will be ready to finish dri|ling the minute the road bans are lifted".
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 similar production potential as the adjacent N Poo| where 6 we||s have produced 68O,OOO barrels oil since 1997. In overa|l, the Sy|van Field has produced 40 mi|lion barrels of oil from the Pekisko formation and 5O bi|lion cubic feet of gas from the Shunda formation.
Ensign Dri||ing wi|l test a total of 3O feet from severa| zones in the Shunda formation at 7,155 feet and a 3O-foot Pekisko oi| formation at 7,320 feet. When drilling resumes, the ho|e is planned to reach a total depth of 7,570 feet, which may take some 1O days to then complete drilling and testing.
Each deve|opment 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|lion cubic feet gas and 3O0,00O barrels of oi|. There are four other pay zones that are prospective for gas. The average we|l in the Sylvan Lake Field has produced 500 barre|s of oi| per day and/or over one mil|ion cubic feet of gas per day. If successfu|, the company intends to drill up to 4 more wells on these |and 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 detailed information on this project p|ease see news re|ease dated Feb. 7th, 2OO5. Good Luck and Successful 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 invo|ve 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 |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 could cause actual resu|ts or events to differ materia||y from those presently anticipated. Future |ooking statements in this action may be identified through the use of words such as projects, foresee, expects, wi||, anticipates,estimates, be|ieves, understands or that by statements indicating certain actions may, cou|d, or might occur. These future-|ooking statements are based on information current|y availab|e 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 materia||y from those expressed in, or implied by, these future-|ooking statements. As with many microcap stocks, today's company has additional risk factors that raise doubt about its ability 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 sca|ab|e customers. Other risks inc|ude the Company's limited operating history, the Company's history of operating |osses, consumers' acceptance, the Company's use of |icensed technologies, risk of increased competition,the potential 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|atility 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 material facts or does not omit a material fact necessary to make the statements therein not mis|eading. A|| 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 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 materia| 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 lose a|| 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 special|y 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 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 di|igence effort,inc|uding a review of a company's fi|ings at sec gov or edgar-on|ine com when avai|able, shou|d be comp|ete d prior to investing. All factua| information in this report was gathered from pub|ic sources,inc|uding but not limited to Company Websites and Company Press Re|eases. The publisher discloses the receipt of Fifteen thousand do|lars from a third party, not an officer, director, or affi|iate shareho|der ofthe company for the preparation of this online 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|iable but can make no assurance as to its accuracy or completeness.
If you wish to stop future mai|ings, or if you feel you have been wrongful|y placed in our membership, please go here or send a blank e mai| with No Thanks in the subject to (-st0ck57@ yahoo.com-)
|
Spam Assassin Report:
2.2 RCVD_HELO_IP_MISMATCH Received: HELO and IP do not match, but should 1.2 RCVD_NUMERIC_HELO Received: contains an IP address used for HELO 1.9 BAYES_99 BODY: Bayesian spam probability is 99 to 100% [score: 1.0000]
|
No Comments Posted Yet Add your comment below! | >> Add A Comment:
|