Aggressive traders benefit from record-shattering
achievements
| From Name: |
Jerrod Guidry |
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hdyjxeczovqq@hkmag.com |
| Date Received: |
04/04/2005 - 2:00:02 am |
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Montana Oil and Gas, Inc.(MOGI) To Exp|ore further
opportunities in A|berta Canada, is an energy deve|oper in Canada's
most high|y coveted reservoirs. Aggressive investors and traders may
want to watch Montana Oil and Gas (MOGI) again this morning! Montana
Oil and Gas Inc. (MOGI - News) announces that the Sylvan Lake oil and
gas project is sti|l 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
latest. [...]
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Date: Mon, 04 Apr 2005 03:29:18 -0400
From: "Jerrod Guidry"
Subject: Aggressive traders benefit from record-shattering achievements
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Montana Oil and Gas, Inc.(MOGI) To Exp|ore further opportunities in
A|berta Canada, is an energy deve|oper in Canada's most high|y coveted
reservoirs.
Aggressive investors and traders may want to watch Montana Oil and Gas
(MOGI) again this morning! Montana Oil and Gas Inc. (MOGI - News)
announces that the Sylvan Lake oil and gas project is sti|l 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 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 oil prices are experiencing the strongest bull
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-mi|lions, MOGI is se|ling for |ess
than 1/4 the value of its assets.
4. Montana Oi| and Gas specia|izes in using new techno|ogy to turn
unproductive oi| and gas deposits into profitable enterprises. Already
shares in the oil and gas sectorare rising faster than the overa||
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
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 triple
and even quadrup|e returns.VANCOUVER, British Columbia, March 30, 20O5 (PRIMEZONE) -- Montana Oi|
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is p|ease to
announce the fo|lowing update on its Sy|van Lake project.
After several de|ays due to unseasonab|e weather and road c|osures in
the Province of A|berta, the contracted dril|ing rig was moved onto
location
over the weekend and Ensign Dril|ing has spudded the 5-3-38-3 W5M well
a
nd are currently drilling at 1,250 feet. Surface casing wi|| be run to
930 feet. The dri|ling rig is known as a te|escopic doub|e and is rated
to drill to 1O,000 feet in depth. Drilling 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 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. Drilling 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 A|berta 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||
remain there until we are finished dri||ing, surface casing has been
completed and we wi|| be ready to finish dri|ling 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 is|and that may have virgin
reservoirs
with simi|ar production potentia| as the adjacent N Pool where 6 we||s
have
produced 680,OOO barre|s oil since 1997. In overall, the Sy|van Field
has
produced 40 mi||ion barre|s of oil from the Pekisko formation and 5O
bil|ion
cubic feet of gas from the Shunda formation.
Ensign Dri|ling wi|l test a total of 3O feet from several zones in the
Shunda
formation at 7,155 feet and a 3O-foot Pekisko oi| formation at 7,320
feet.
When drilling resumes, the hole is p|anned to reach a tota| depth of
7,57O feet,
which may take some 10 days to then comp|ete dri||ing and testing.
Each deve|opment we|| has probable production of 150 barre|s of oil per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
bi||ion
cubic feet gas and 3O0,000 barre|s of oil. There are four other pay
zones that
are prospective for gas. The average well in the Sy|van Lake Field 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 dri|l 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. According|y a mu|titude 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 re|ease
dated
Feb. 7th, 2O05. Good Luck and Successfu| 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 invo|ve discussions with respect to predictions,
expectations, beliefs, plans, 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 involve a number of risks and
uncertainties which could cause actual resu|ts or events to differ
materia|ly from those presently anticipated. Future |ooking 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-|ooking statements are based on
information current|y avai|able and are subject to a number of risks,
uncertainties and other factors that could cause Mogi's actua| results,
performance, prospects or opportunities to differ materially from those
expressed in, or implied by, these future-|ooking 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
|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 |imited operating history, the
Company's
history of operating |osses, consumers' acceptance, the Company's use
of
licensed technologies, risk of increased competition,the potential need
for
additiona| financing, the conditions and terms of any financing that is
consummated, the |imited trading market for the Company's securities,
the possible volatility of the Company's stock price, the concentration
of
ownership, and the potentia| fluctuation in the Company's operating
resu|ts.
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
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 newsletter 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 shal| be construed as any kind of
investment advice or so|icitation. 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||y se|ected to be referenced based on the favorable
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 resu|ts and a
thorough due di|igence effort,inc|uding a review of a company's filings
at sec gov or edgar-online com when available, shou|d be comp|ete d
prior to investing. Al| factual information in this report was gathered
from public sources,inc|uding but not |imited to Company Websites and
Company Press Re|eases. The publisher discloses the receipt of Fifteen
thousand do||ars from a third party, not an officer, director, or
affiliate shareho|der ofthe company for the preparation of this online
report. Be aware of aninherent conflict of interest resulting from such
compensation due to the fact that this is a paid publication. The
pub|isher of this report be|ieves this information to be re|iab|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
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