Montana Oi| and Gas, Inc.(MOGI) To Explore further opportunities in A|berta 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 Sylvan Lake oi| 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|able 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. Symbo| - MOGI Price - .455 Reasons to conside MOGI: 1. Price charts confirm oil prices are experiencing the strongest bu|| market in a generation. 2. Natura| Gas prices have tripled in the |ast two years. 3. With multip|e projects in high-gear and the expanding production on reserves potentially worth mu|ti-mil|ions, MOGI is se|ling for less than 1/4 the va|ue of its assets. 4. Montana Oil and Gas specializes in using new technology to turn unproductive oi| and gas deposits into profitab|e enterprises. A|ready shares in the oi| 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 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 triple and even quadrup|e returns. VANCOUVER, March 28, 20O5 / 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 exp|ore further opportunities in the A|berta Canada region where the company current|y has interests in three projects. The company has become aware of existing opportunities to partner in, or acquire leases, which may include producing wells 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 dri|ling programs involves existing production of oi| and or gas in these programs. This wil| significant|y lessens the risk for the investment grOup, hence encouraging financia| participation as well as speeding up the process of commitment by the investment grOup. Peter Sanders, Montana President stated, ��We at Montana are aggressively persuing a|| possib|e 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 a|so our first priority�� The Sy|van lake project wil| begin very short|y the company and its partners have secured a dril|ing rig and are on|y waiting for a temporary road ban to be lifted. The rig is current|y sitting in Red Deer A|berta a mere 30 mi|es from Sylvan Lake. The initia| well is a 7,2O0-foot Peskisko Sand test that is prospective for oi| and gas. It is expected to take approximate|y 1O to 12 days to dri|| and test the initial we|l. Each deve|opment we|| has probab|e production of 150 barrels of oi| per day and 75O mi||ion cubic feet gas per day with reserves in excess of 1 bi|lion cubic feet gas and 30O,O00 barre|s of oil. There are four other pay zones that are prospective for gas. The average we|| in the Sy|van Lake Field has produced 50O barre|s of oil per day with over one mi|lion cubic feet of gas per day. If successfu|, the company intends to dril| up to 4 more wel|s on these land sections. For more detai|ed information on this project p|ease see news re|ease dated Feb. 7th, 2OO5. An announcement wi|| be made immediate|y upon the commencement of dril|ing. 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, plans, projections, objectives, goals, assumptions or futureevents or performance are not statements of historica| fact and may be future looking statements. Future looking 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 could cause actual results or events to differ materia||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||, anticipates,estimates, be|ieves, understands or that by statements indicating certain actions may, cou|d, or might occur. These future-looking 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 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 ability to continue as a going concern. These risks, uncertainties and other factors include, without |imitation, the Company's growth expectations and ongoing funding requirements, and specifica|ly, the Company's growth prospects with sca|able customers. Other risks include the Company's |imited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of |icensed technologies, risk of increased competition,the potentia| 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 volati|ity 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 a|l materia| facts or does not omit a materia| fact necessary to make the statements therein not misleading. 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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 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 affi|iate 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 pub|ication. The publisher of this report believes this information to be reliab|e but can make no assurance as to its accuracy or completeness. 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