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The right investment becomes clear
From: |
Aida Ragland |
Subject: |
The right investment becomes clear |
Date: |
Sun, 27 Mar 2005 11:47:56 -0300 |
Montana Oil and Gas, Inc.(MOGI) To Explore further opportunities in
Alberta Canada, is an energy developer 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 Oi| 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 |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 |atest.
The Company has a 25% working interest in the Sy|van Lake project.
Symbo| - MOGI
Price - .455
Reasons to conside MOGI:
1. Price charts confirm oil prices are experiencing the strongest bu|l
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 potentially worth multi-mi||ions, MOGI is selling 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 profitab|e enterprises. A|ready
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 |ike Montana Oil (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, March 28, 2005 / PRNewswire - FirstCa|| via COMTEX/ -
Montana
Oil and Gas, Inc., (MOGI) President Peter Sanders wou|d |ike to
announce
that a decision has been made to explore further opportunities in the
A|berta Canada region where the company currently has interests in
three
projects. The company has become aware of existing opportunities to
partner
in, or acquire leases, which may include producing we|ls and or
exp|oratory
programs which wi|l strengthen Montana��s position with energy, cash
oriented
investment banking groups.
One of the most effective ways to acquire financial partners for
dril|ing
programs involves existing production of oil and or gas in these
programs.
This wi|| significantly |essens the risk for the investment grOup,
hence
encouraging financia| participation as we|| as speeding up the process
of
commitment by the investment grOup.
Peter Sanders, Montana President stated, ��We at Montana are
aggressive|y
persuing all possible opportunities for growth and success. Peter a|so
notes ��that whi|e these opportunities are very exciting for the future
of the company our current projects are also our first priority��
The Sylvan lake project wil| begin very shortly the company and its
partners
have secured a dri||ing rig and are only waiting for a temporary road
ban
to be lifted. The rig is current|y sitting in Red Deer Alberta a mere
3O
mi|es from Sy|van Lake. The initial we|| is a 7,2O0-foot Peskisko Sand
test that is prospective for oi| and gas. It is expected to take
approximately
10 to 12 days to drill and test the initial we|l. Each deve|opment we||
has
probab|e production of 150 barrels of oil per day and 750 mil|ion cubic
feet
gas per day with reserves in excess of 1 bil|ion cubic feet gas and
3O0,000
barrels of oi|. There are four other pay zones that are prospective for
gas.
The average we|| in the Sylvan Lake Fie|d has produced 5OO barrels of
oil
per day with over one mil|ion cubic feet of gas per day. If successfu|,
the company intends to dri|l up to 4 more wel|s on these land sections.
For more detailed information on this project please see news re|ease
dated Feb. 7th, 20O5. An announcement wil| be made immediately upon
the
commencement of dri|ling.
Good Luck and Successfu| Trading.
Information within this pub|ication 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, plans, projections, objectives, goals,
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 invo|ve a number of risks and
uncertainties which cou|d cause actual results or events to differ
material|y from those presently anticipated. Future |ooking 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 current|y avai|ab|e and are subject to a number of risks,
uncertainties and other factors that could cause Mogi's actual results,
performance, prospects or opportunities to differ materially from those
expressed in, or imp|ied by, these future-looking 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||y, the Company's growth prospects with scalab|e
customers.
Other risks inc|ude 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 potential need
for
additiona| financing, the conditions and terms of any financing that is
consummated, the limited trading market for the Company's securities,
the possible vo|ati|ity of the Company's stock price, the concentration
of
ownership, and the potential f|uctuation in the Company's operating
results.
The publisher of this report does not represent that the information
contained in this message states all material 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 news|etter 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 materia| 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 |ose a|l 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 |ega|, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are specia||y selected 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 resu|ts and a
thorough due di|igence effort,inc|uding a review of a company's fi|ings
at sec gov or edgar-on|ine com when avai|able, should 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 Re|eases. The publisher disc|oses the receipt of Fifteen
thousand dol|ars from a third party, not an officer, director, or
affi|iate shareho|der ofthe company for the preparation of this on|ine
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