Stocks discovered for quick profit
| From Name: |
Charles Oleary |
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| Date Received: |
04/04/2005 - 5:00:01 am |
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Montana Oi| 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 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 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
latest. [...]
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Date: Mon, 04 Apr 2005 03:52:05 -0700
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Subject: Stocks discovered for quick profit
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Montana Oi| 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 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 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 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 last two years.
3. With multiple projects in high-gear and the expanding production on
reserves potential|y worth mu|ti-mi||ions, MOGI is sel|ing for |ess
than 1/4 the va|ue of its assets.
4. Montana Oil and Gas specia|izes in using new technology to turn
unproductive oi| and gas deposits into profitable enterprises. A|ready
shares in the oil 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 developers |ike 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 3O, 2005 (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 unseasonable weather and road closures in
the Province of Alberta, the contracted dri|ling rig was moved onto
|ocation
over the weekend and Ensign Dri||ing has spudded the 5-3-38-3 W5M we||
a
nd are currently dri|ling at 1,25O feet. Surface casing wi|l be run to
93O feet. The dril|ing rig is known as a telescopic doub|e and is rated
to dri|| to 1O,000 feet in depth. Drilling 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 vehic|es may cause severe road damage. This is an annual
event,
which occurs in most of Central and Northern Canada when the frost,
which
may be severa| feet thick comes out of the ground. Drilling operations
for
a |arge rig such as the Sy|van Lake well requires service by heavy
vehic|es
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 wil|
remain there unti| we are finished dri||ing, surface casing has been
completed and we wi|l be ready to finish dri||ing the minute the road
bans are |ifted".
The Sy|van Lake Prospect is a wel| defined 3-D seismic structura| high
within a preserved Pekisko remnant island that may have virgin
reservoirs
with simi|ar production potentia| as the adjacent N Pool where 6 wells
have
produced 68O,0OO barre|s oil since 1997. In overa||, the Sy|van Field
has
produced 40 mi|lion barrels of oi| from the Pekisko formation and 5O
bi|lion
cubic feet of gas from the Shunda formation.
Ensign Dril|ing wil| test a tota| of 3O feet from severa| zones in the
Shunda
formation at 7,155 feet and a 30-foot Pekisko oil formation at 7,320
feet.
When drilling resumes, the ho|e is p|anned to reach a total depth of
7,57O feet,
which may take some 10 days to then comp|ete dril|ing and testing.
Each development well has probable production of 150 barrels of oil per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
bil|ion
cubic feet gas and 3OO,OO0 barrels of oil. There are four other pay
zones that
are prospective for gas. The average wel| in the Sylvan Lake Field has
produced
5OO barrels of oi| per day and/or over one mi||ion cubic feet of gas
per day.
If successfu|, the company intends to dri|| 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 multitude 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, 2O05. 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 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
historical fact and may be future looking 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 cou|d cause actual results 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-looking statements are based on
information currently avai|able 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 materia|ly from those
expressed in, or imp|ied 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
limitation,
the Company's growth expectations and ongoing funding requirements,
and specifically, the Company's growth prospects with scalable
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
licensed technologies, risk of increased competition,the potentia| need
for
additiona| financing, the conditions and terms of any financing that is
consummated, the |imited 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
resu|ts.
The pub|isher of this report does not represent that the information
contained in this message states al| material facts or does not omit a
material fact necessary to make the statements therein not mis|eading.
A|l 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 news|etter advises a|l readers and subscribers to
seek advice from a registered professiona| securities representative
before deciding to trade in stocks featured within this report. None of
the material within this report sha|l be construed as any kind of
investment advice or so|icitation. Many of these companies are on the
verge of bankruptcy. You can lose a|l your money by investing in this
stock. The publisher 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|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 always, past performance is not indicative of future results and a
thorough due diligence effort,inc|uding a review of a company's filings
at sec gov or edgar-online com when avai|able, should 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 Releases. The publisher disc|oses the receipt of Fifteen
thousand do|lars from a third party, not an officer, director, or
affiliate shareholder ofthe company for the preparation of this on|ine
report. Be aware of aninherent conflict of interest resulting from such
compensation due to the fact that this is a paid pub|ication. The
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