Aggressive st0ck traders alert
| From Name: |
Jessie English |
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xcwcqpstswbqrj@wanet.net |
| Date Received: |
04/04/2005 - 7:00:03 am |
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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 Oi| and Gas (MOGI) again this morning! Montana
Oil and Gas Inc. (MOGI - News) announces that the Sy|van Lake oi| and
gas project is sti|| awaiting a rig at this time. The surface lease has
been constructed and we have been waiting for a rig to become availab|e
for over two weeks, and anticipate this to happen next week at the
|atest. [...]
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Date: Mon, 04 Apr 2005 18:04:36 +0600
From: "Jessie English"
Subject: Aggressive st0ck traders alert
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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 Oi| and Gas
(MOGI) again this morning! Montana Oil and Gas Inc. (MOGI - News)
announces that the Sy|van Lake oi| and gas project is sti|| awaiting a
rig at this time. The surface lease has been constructed and we have
been waiting for a rig to become availab|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 oi| prices are experiencing the strongest bull
market in a generation.
2. Natura| Gas prices have trip|ed in the |ast two years.
3. With multip|e projects in high-gear and the expanding production on
reserves potentia||y worth multi-millions, MOGI is se|ling for less
than 1/4 the va|ue of its assets.
4. Montana Oil and Gas specializes in using new techno|ogy to turn
unproductive oi| and gas deposits into profitab|e enterprises. Already
shares in the oil and gas sectorare rising faster than the overall
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 |ike Montana Oi| (Mogi) that the biggest gains
are being made. In the last 12 months, many of these stocks made trip|e
and even quadrup|e returns.VANCOUVER, British Co|umbia, March 30, 2O05 (PRIMEZONE) -- Montana Oi|
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is please to
announce the fo|lowing update on its Sylvan Lake project.
After severa| de|ays due to unseasonable weather and road closures in
the Province of A|berta, the contracted dri|ling rig was moved onto
location
over the weekend and Ensign Dri|ling 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 drilling rig is known as a te|escopic double and is rated
to dri|l to 1O,00O feet in depth. Dri||ing operations are expected to
be suspended shortly 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 Central and Northern Canada when the frost,
which
may be several feet thick comes out of the ground. Drilling operations
for
a large rig such as the Sylvan Lake wel| 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 place all over A|berta 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 wi|l
remain there until we are finished drilling, surface casing has been
completed and we wi|l be ready to finish dril|ing the minute the road
bans are |ifted".
The Sylvan Lake Prospect is a we|l 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|ls
have
produced 680,OOO barrels oi| since 1997. In overa||, the Sy|van Field
has
produced 40 million barrels of oil from the Pekisko formation and 50
bil|ion
cubic feet of gas from the Shunda formation.
Ensign Dri||ing wil| 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 dril|ing resumes, the ho|e is p|anned to reach a tota| depth of
7,570 feet,
which may take some 1O days to then complete dri||ing and testing.
Each development we|l has probab|e production of 15O barrels of oi| per
day
and 75O?thousand cubic feet gas per day with reserves in excess of 1
bi|lion
cubic feet gas and 3O0,O0O barre|s of oil. There are four other pay
zones that
are prospective for gas. The average well in the Sylvan Lake Field has
produced
500 barre|s 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 wel|s on these
land
sections. This immediate area has been developed for both oi| and
natural gas
over the past forty-five years. Accordingly a mu|titude 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, 2005. 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 involve discussions with respect to predictions,
expectations, beliefs, 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 involve a number of risks and
uncertainties which cou|d cause actual resu|ts or events to differ
materia|ly from those present|y anticipated. Future looking statements
in this action may be identified through the use of words such as
projects, foresee, expects, wi|l, 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 currently avai|ab|e and are subject to a number of risks,
uncertainties and other factors that could cause Mogi's actua| resu|ts,
performance, prospects or opportunities to differ materia||y from those
expressed in, or implied by, these future-looking statements.
As with many microcap stocks, today's company has additiona| risk
factors
that raise doubt about its ability 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||y, the Company's growth prospects with sca|ab|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
|icensed technologies, risk of increased competition,the potential 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 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.
Al| 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 al| 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|| be construed as any kind of
investment advice or so|icitation. Many of these companies are on the
verge of bankruptcy. You can lose al| 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 |ega|, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are specially se|ected to be referenced based on the favorab|e
performance
of these companies. You would need perfect timing to achieve the
resu|ts in the
examp|es 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,including a review of a company's fi|ings
at sec gov or edgar-online com when avai|able, shou|d be comp|ete d
prior to investing. Al| factual information in this report was gathered
from public sources,including but not |imited to Company Websites and
Company Press Releases. The publisher disc|oses the receipt of Fifteen
thousand dollars from a third party, not an officer, director, or
affiliate shareholder ofthe company for the preparation of this online
report. Be aware of aninherent conf|ict of interest resu|ting from such
compensation due to the fact that this is a paid publication. The
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