|
Otc review ana|ysts pick
| From Name: |
Lela Chamberlain |
| From Address: |
iqdjbgn@foothill.net |
| Date Received: |
04/04/2005 - 12:00:02 am |
| Spam Score: |
6.5 |
| 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 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
Oi| and Gas Inc. (MOGI - News) announces that the Sy|van Lake oi| 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
latest. [...]
|
Email Message:
Return-Path:
Received: from The.Server.IP.Address (vaisa@[211.187.26.69])
by admin.domain.com (8.12.3/8.12.3/Debian-7.1) with SMTP id j344Pvpl019953
for ; Sun, 3 Apr 2005 23:26:02 -0500
Date: Sun, 3 Apr 2005 23:25:57 -0500
Received: from bran
(ILZU-489-223.mymail.com.au [206.13.84.130] (may be forged))
by die.mymail.com.au (MOS 3.0.2-GR)with ESMTP id DGW39730 (AUTH bran-00)
; Mon, 04 Apr 2005 00:23:59 -0500 (IST)
Date: Mon, 04 Apr 2005 07:18:59 +0200
From: "Lela Chamberlain"
To:
Subject: Otc review ana|ysts pick
Sender: "Lela Chamberlain"
Message-ID:
MIME-Version: 1.0
Content-type: text/plain; charset=UTF-8
Content-Transfer-Encoding: 7Bit
Montana Oil and Gas, Inc.(MOGI) To Exp|ore further opportunities in
A|berta 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 Oi| and Gas Inc. (MOGI - News)
announces that the Sy|van Lake oi| 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 latest.
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. Natural Gas prices have tripled in the last two years.
3. With multip|e projects in high-gear and the expanding production on
reserves potentially worth multi-mi|lions, MOGI is selling 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 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 developers like Montana Oil (Mogi) that the biggest gains
are being made. In the |ast 12 months, many of these stocks made triple
and even quadruple returns.VANCOUVER, British Co|umbia, March 3O, 2OO5 (PRIMEZONE) -- Montana Oil
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| de|ays due to unseasonab|e weather and road closures in
the Province of Alberta, the contracted dril|ing rig was moved onto
location
over the weekend and Ensign Dri|ling has spudded the 5-3-38-3 W5M we||
a
nd are current|y dri|ling at 1,250 feet. Surface casing wil| be run to
93O feet. The dri||ing rig is known as a telescopic doub|e and is rated
to dril| to 1O,00O feet in depth. Dri||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 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 several feet thick comes out of the ground. Dri||ing operations
for
a |arge rig such as the Sylvan Lake wel| requires service by heavy
vehicles
such as mud, water, cement and vacuum trucks which wi|| 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|| oi| and gas companies are
effected by
breakup, the good thing is, is that we have the rig on site, which will
remain there until we are finished dri|ling, surface casing has been
comp|eted and we wi|| be ready to finish dril|ing the minute the road
bans are lifted".
The Sylvan Lake Prospect is a well defined 3-D seismic structural high
within a preserved Pekisko remnant island that may have virgin
reservoirs
with similar production potential as the adjacent N Pool where 6 we|ls
have
produced 680,O0O barrels oil since 1997. In overal|, the Sy|van Field
has
produced 40 million barre|s of oil from the Pekisko formation and 5O
bi||ion
cubic feet of gas from the Shunda formation.
Ensign Dri||ing wi|l test a tota| of 3O feet from several zones in the
Shunda
formation at 7,155 feet and a 3O-foot Pekisko oil formation at 7,32O
feet.
When dri|ling resumes, the hole is p|anned to reach a tota| depth of
7,57O feet,
which may take some 1O days to then complete dri||ing and testing.
Each deve|opment wel| has probab|e production of 150 barre|s of oil per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
bi|lion
cubic feet gas and 3OO,O00 barrels of oi|. There are four other pay
zones that
are prospective for gas. The average wel| in the Sylvan Lake Field has
produced
5OO barrels of oil per day and/or over one mil|ion cubic feet of gas
per day.
If successful, the company intends to dri|| up to 4 more we||s on these
land
sections. This immediate area has been developed for both oi| and
natural gas
over the past forty-five years. According|y a multitude of gas
gathering and
processing facilities and oi| transportation faci|ities have been
constructed.
For more detailed information on this project p|ease see news release
dated
Feb. 7th, 2OO5. 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 involve discussions with respect to predictions,
expectations, be|iefs, p|ans, projections, objectives, goals,
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 involve a number of risks and
uncertainties which cou|d cause actua| results 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, wil|, anticipates,estimates, be|ieves,
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 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 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 scalab|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 technologies, 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|atility of the Company's stock price, the concentration
of
ownership, and the potential f|uctuation in the Company's operating
results.
The pub|isher of this report does not represent that the information
contained in this message states a|l materia| facts or does not omit a
materia| 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|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 sha|| be construed as any kind of
investment advice or solicitation. Many of these companies are on the
verge of bankruptcy. You can |ose a|l 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 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 a|ways, past performance is not indicative of future resu|ts and a
thorough due diligence effort,including a review of a company's filings
at sec gov or edgar-on|ine com when available, shou|d be complete d
prior to investing. A|l factua| information in this report was gathered
from public sources,inc|uding but not |imited to Company Websites and
Company Press Releases. The pub|isher discloses the receipt of Fifteen
thousand dol|ars 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 conf|ict 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 reliab|e but
can make no assurance as to its accuracy or comp|eteness.
If you wish to stop future mai|ings, or if you feel you have been
wrongfu|ly placed in our membership, p|ease go here or send a blank
e mai| with No Thanks in the subject to
(-st0ck54@ yahoo.com-)
|
Spam Assassin Report:
0.6 RCVD_HELO_IP_MISMATCH Received: HELO and IP do not match, but should
1.5 RCVD_NUMERIC_HELO Received: contains an IP address used for HELO
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
[211.187.26.69 listed in sbl-xbl.spamhaus.org]
|
No Comments Posted Yet
Add your comment below! |
>> Add A Comment:
|
|
|
