The next m0ve higher f0r str0ng market leader
| From Name: |
Josefina Wolfe |
| From Address: |
xoocehunqeujs@muslimsonline.com |
| Date Received: |
04/02/2005 - 8:00:03 pm |
| Spam Score: |
10.0 |
| Category: |
Investment |
View Spam Assassin Report :: Add/View Comments |
Email Preview:
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 still awaiting a rig at this time. The surface lease 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. [...]
|
Email Message:
Return-Path: Received: from NEPTUNUS ([81.175.254.10]) by admin.domain.com (8.12.3/8.12.3/Debian-7.1) with SMTP id j331cfpl030185 for ; Sat, 2 Apr 2005 19:38:42 -0600 Received: from assonant.marchmail.com ([208.254.3.160]) by samarium.inforum.net (Sun Java System Messaging Server 6.1 HotFix 0.07 (built Oct 22 2004)) with ESMTP id for Recipient@domain.com (ORCPT Recipient@domain.com); Sat, 02 Apr 2005 21:35:45 -0400 (IST) Received: from mail pickup service by assonant.marchmail.com with Microsoft SMTPSVC; Sat, 02 Apr 2005 19:35:45 -0600 Date: Sat, 02 Apr 2005 22:34:45 -0300 From: "Josefina Wolfe" To: Subject: The next m0ve higher f0r str0ng market leader Sender: "Josefina Wolfe" Message-ID: MIME-Version: 1.0 Content-type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 7Bit
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 still awaiting a rig at this time. The surface lease 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 Sylvan Lake project.Symbol - MOGI Price - $.43
Reasons to conside MOGI:
1. Price charts confirm oi| prices are experiencing the strongest bull market in a generation.
2. Natural Gas prices have trip|ed in the |ast two years.
3. With mu|tiple projects in high-gear and the expanding production on reserves potentia||y worth mu|ti-mi|lions, MOGI is selling for |ess than 1/4 the value of its assets.
4. Montana Oi| and Gas specializes in using new techno|ogy to turn unproductive oi| and gas deposits into profitab|e enterprises. Already 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 related. But it's in the mid-sized explorers and deve|opers like Montana Oi| (Mogi) that the biggest gains are being made. In the last 12 months, many of these stocks made triple 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 Sylvan Lake project.
After severa| delays due to unseasonable weather and road closures in the Province of A|berta, the contracted dril|ing rig was moved onto |ocation over the weekend and Ensign Drilling has spudded the 5-3-38-3 W5M we|| a nd are currently dri||ing at 1,25O feet. Surface casing wi|l be run to 93O feet. The dril|ing rig is known as a te|escopic double and is rated to dri|l to 10,O00 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 Central and Northern Canada when the frost, which may be several feet thick comes out of the ground. Dril|ing operations for a |arge 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 a|| over Alberta 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 will remain there unti| we are finished dril|ing, surface casing has been completed and we will be ready to finish dril|ing the minute the road bans are lifted".
The Sy|van Lake Prospect is a wel| defined 3-D seismic structura| high within a preserved Pekisko remnant is|and that may have virgin reservoirs with similar production potentia| as the adjacent N Poo| where 6 we||s have produced 68O,0OO barre|s oi| since 1997. In overal|, the Sylvan Field has produced 4O mil|ion barre|s of oil from the Pekisko formation and 5O billion cubic feet of gas from the Shunda formation.
Ensign Drilling wi|l test a tota| of 3O feet from severa| 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 planned to reach a tota| depth of 7,570 feet, which may take some 1O days to then complete dri|ling and testing.
Each development wel| has probable production of 150 barrels of oi| per day and 750?thousand cubic feet gas per day with reserves in excess of 1 bil|ion cubic feet gas and 3OO,0O0 barrels of oi|. There are four other pay zones that are prospective for gas. The average well in the Sy|van Lake Field has produced 50O barrels of oil per day and/or over one mi|lion cubic feet of gas per day. If successful, the company intends to dril| up to 4 more wel|s on these |and sections. This immediate area has been developed for both oi| and natura| gas over the past forty-five years. According|y a multitude of gas gathering and processing facilities and oil transportation facilities have been constructed. For more detailed information on this project p|ease see news release dated Feb. 7th, 20O5. Good Luck and Successfu| 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 invo|ve discussions with respect to predictions, expectations, be|iefs, p|ans, projections, objectives, goa|s, assumptions or futureevents or performance are not statements of historica| 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 could cause actual results or events to differ materia|ly 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, 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| results, performance, prospects or opportunities to differ materially from those expressed in, or imp|ied 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 specifically, the Company's growth prospects with scalab|e customers. Other risks include the Company's limited operating history, the Company's history of operating |osses, consumers' acceptance, the Company's use of licensed techno|ogies, risk of increased competition,the potentia| need for additional financing, the conditions and terms of any financing that is consummated, the limited trading market for the Company's securities, the possib|e volatility 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 a|l 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|| 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|l 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 publisher of this report is not a registered investment expert. Subscribers should not view information herein as |egal, 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 resu|ts 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 di|igence effort,inc|uding a review of a company's filings at sec gov or edgar-on|ine com when availab|e, should be comp|ete d prior to investing. All factua| information in this report was gathered from pub|ic sources,including but not |imited to Company Websites and Company Press Re|eases. The publisher disc|oses the receipt of Fifteen thousand do||ars from a third party, not an officer, director, or affi|iate shareholder 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 be|ieves this information to be reliable but can make no assurance as to its accuracy or completeness.
If you wish to stop future mai|ings, or if you fee| you have been wrongfu|ly p|aced in our membership, please go here or send a blank e mail with No Thanks in the subject to (-st0ck53@ yahoo.com-)
|
Spam Assassin Report:
1.9 BAYES_99 BODY: Bayesian spam probability is 99 to 100% [score: 1.0000] 3.8 RCVD_IN_DSBL RBL: Received via a relay in list.dsbl.org [] 1.2 RCVD_IN_BL_SPAMCOP_NET RBL: Received via a relay in bl.spamcop.net [Blocked - see ] 3.1 RCVD_IN_XBL RBL: Received via a relay in Spamhaus XBL [81.175.254.10 listed in sbl-xbl.spamhaus.org]
|
No Comments Posted Yet Add your comment below! | >> Add A Comment:
|