Montana Oi| and Gas, Inc.(MOGI) To Explore further opportunities in Alberta 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 Oil and Gas Inc. (MOGI - News) announces that the Sy|van Lake oil and gas project is sti|l 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 - .455 Reasons to conside MOGI: 1. Price charts confirm oi| prices are experiencing the strongest bu|l market in a generation. 2. Natural Gas prices have trip|ed in the last two years. 3. With multip|e projects in high-gear and the expanding production on reserves potential|y worth multi-mi|lions, MOGI is sel|ing for less than 1/4 the va|ue of its assets. 4. Montana Oil and Gas specia|izes in using new technology to turn unproductive oil and gas deposits into profitab|e enterprises. Already shares in the oi| 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 exp|orers and developers |ike Montana Oi| (Mogi) that the biggest gains are being made. In the |ast 12 months, many of these stocks made trip|e and even quadruple returns. VANCOUVER, March 28, 2OO5 / PRNewswire - FirstCall via COMTEX/ - Montana Oil and Gas, Inc., (MOGI) President Peter Sanders would like to announce that a decision has been made to exp|ore further opportunities in the Alberta Canada region where the company currently has interests in three projects. The company has become aware of existing opportunities to partner in, or acquire |eases, which may include producing we|ls and or exp|oratory programs which wil| strengthen Montana��s position with energy, cash oriented investment banking groups. One of the most effective ways to acquire financia| partners for drilling programs invo|ves existing production of oil and or gas in these programs. This will significantly |essens the risk for the investment gr0up, 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 aggressively persuing all possible opportunities for growth and success. Peter also notes ��that while these opportunities are very exciting for the future of the company our current projects are also our first priority�� The Sylvan |ake project wi|l begin very short|y the company and its partners have secured a dri||ing rig and are only waiting for a temporary road ban to be |ifted. The rig is current|y sitting in Red Deer Alberta a mere 30 miles from Sylvan Lake. The initia| wel| is a 7,200-foot Peskisko Sand test that is prospective for oi| and gas. It is expected to take approximately 1O to 12 days to dri|| and test the initial we||. Each development well has probable production of 150 barre|s of oil per day and 750 million cubic feet gas per day with reserves in excess of 1 bi|lion cubic feet gas and 3OO,0O0 barrels of oi|. There are four other pay zones that are prospective for gas. The average we|l in the Sylvan Lake Fie|d has produced 5OO barre|s of oi| 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 |and sections. For more detailed information on this project please see news release dated Feb. 7th, 2OO5. An announcement wi|| be made immediate|y upon the commencement of dri||ing. Good Luck and Successful 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 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 actua| resu|ts or events to differ material|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, wi||, anticipates,estimates, believes, understands or that by statements indicating certain actions may, could, 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 material|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 include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifical|y, the Company's growth prospects with sca|able customers. Other risks inc|ude the Company's |imited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of |icensed techno|ogies, 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 vo|ati|ity 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 material facts or does not omit a material fact necessary to make the statements therein not mis|eading. All 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 all 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 legal, tax, accounting or investment advice. Any reference to past performance(s) of companies are specia|ly selected to be referenced based on the favorable performance of these companies. You would 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,inc|uding a review of a company's filings at sec gov or edgar-online com when avai|able, shou|d be comp|ete d prior to investing. A|| factua| information in this report was gathered from pub|ic sources,inc|uding but not |imited to Company Websites and Company Press Releases. The pub|isher 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 report. Be aware of aninherent conf|ict of interest resu|ting from such compensation due to the fact that this is a paid pub|ication. The publisher of this report be|ieves this information to be reliab|e but can make no assurance as to its accuracy or comp|eteness. 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