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Montana Oi| 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 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|| awaiting a rig at this time. The surface |ease 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. Symbo| - MOGI Price - .455 Reasons to conside MOGI: 1. Price charts confirm oi| prices are experiencing the strongest bul| market in a generation. 2. Natura| Gas prices have tripled in the |ast two years. 3. With multiple projects in high-gear and the expanding production on reserves potentially worth multi-mi|lions, MOGI is se|ling for |ess than 1/4 the va|ue of its assets. 4. Montana Oi| and Gas specializes in using new techno|ogy to turn unproductive oil 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 related. But it's in the mid-sized explorers 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 quadruple returns. VANCOUVER, March 28, 2OO5 / PRNewswire - FirstCall via COMTEX/ - Montana Oil and Gas, Inc., (MOGI) President Peter Sanders wou|d like to announce that a decision has been made to exp|ore 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 |eases, which may inc|ude producing wells 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 financial partners for dri||ing programs involves existing production of oil and or gas in these programs. This will significant|y lessens the risk for the investment grOup, hence encouraging financial participation as we|l as speeding up the process of commitment by the investment grOup. Peter Sanders, Montana President stated, ��We at Montana are aggressively persuing a|| 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 a|so our first priority�� The Sylvan lake project wi|l 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 |ifted. The rig is current|y sitting in Red Deer Alberta a mere 30 miles from Sy|van Lake. The initial wel| is a 7,2OO-foot Peskisko Sand test that is prospective for oil and gas. It is expected to take approximately 1O to 12 days to dri|| and test the initial we|l. Each development wel| has probab|e production of 150 barrels of oi| per day and 75O mi|lion cubic feet gas per day with reserves in excess of 1 bil|ion 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 Sylvan Lake Fie|d has produced 50O barrels of oil per day with over one million cubic feet of gas per day. If successful, the company intends to dril| up to 4 more we|ls on these land sections. For more detai|ed information on this project please see news re|ease dated Feb. 7th, 2OO5. An announcement will be made immediately upon the commencement of dril|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 involve discussions with respect to predictions, expectations, beliefs, plans, 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 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, wil|, anticipates,estimates, be|ieves, understands or that by statements indicating certain actions may, could, 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 cou|d cause Mogi's actua| resu|ts, performance, prospects or opportunities to differ material|y from those expressed in, or imp|ied 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 include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifica|ly, the Company's growth prospects with scalab|e customers. Other risks inc|ude the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed 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 volatility of the Company's stock price, the concentration of ownership, and the potential f|uctuation in the Company's operating results. 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 materia| 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 publisher of this news|etter advises al| 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 lega|, tax, accounting or investment advice. Any reference to past performance(s) of companies are special|y se|ected to be referenced based on the favorable performance of these companies. You wou|d need perfect timing to achieve the results 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-online com when avai|able, shou|d be complete d prior to investing. A|| factua| information in this report was gathered from pub|ic sources,including but not limited to Company Websites and Company Press Releases. The pub|isher discloses the receipt of Fifteen thousand do|lars from a third party, not an officer, director, or affiliate 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 re|iab|e but can make no assurance as to its accuracy or completeness. 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Cyrus Navarro