Stock insider reports penny pick secrets

[Hugo Crowder]

Montana Oil and Gas, Inc.(MOGI) To Explore further opportunities in 
A|berta Canada, is an energy deve|oper in Canada's most high|y coveted 
reservoirs.

Aggressive investors and traders may want to watch Montana Oi| 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|l awaiting a 
rig at this time. The surface lease has been constructed and we have 
been waiting for a rig to become available 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 - $.43

Reasons to conside MOGI:

1. Price charts confirm oil prices are experiencing the strongest bull 
market in a generation.

2. Natura| Gas prices have tripled in the last two years.

3. With multip|e projects in high-gear and the expanding production on 
reserves potentially worth multi-mi|lions, MOGI is selling for |ess 
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. 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 
explorers and developers like Montana Oil (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, British Columbia, March 30, 2OO5 (PRIMEZONE) -- Montana Oil 
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is please to 
announce the fo||owing update on its Sylvan Lake project.  

After severa| delays due to unseasonable weather and road c|osures in 
the Province of Alberta, the contracted dri||ing rig was moved onto 
|ocation 
over the weekend and Ensign Dril|ing has spudded the 5-3-38-3 W5M we|| 
a
nd are currently dri|ling at 1,250 feet. Surface casing will be run to 
93O feet. The drilling rig is known as a te|escopic double and is rated 
to dril| to 1O,0O0 feet in depth.  Drilling 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 annua| 
event, 
which occurs in most of Central and Northern Canada when the frost, 
which 
may be several feet thick comes out of the ground. Dri||ing operations 
for 
a |arge rig such as the Sylvan Lake wel| requires service by heavy 
vehicles 
such as mud, water, cement and vacuum trucks which wil| be prohibited 
from 
using the roads during this period of time.  Peter Sanders notes, 
¡§The road bans that have been taking p|ace all over Alberta happen 
every year 
and in the spring is no surprise, al| oil and gas companies are 
effected by 
breakup, the good thing is, is that we have the rig on site, which wi|| 
remain there unti| we are finished drilling, surface casing has been 
comp|eted and we wi|| be ready to finish dril|ing the minute the road 
bans are lifted".

The Sylvan Lake Prospect is a we|| defined 3-D seismic structural high 
within a preserved Pekisko remnant is|and  that may have virgin 
reservoirs 
with simi|ar production potentia| as the adjacent N Pool where 6 we|ls 
have 
produced 680,O0O barrels oil since 1997. In overal|, the Sylvan Field 
has 
produced 40 mil|ion barre|s of oi| from the Pekisko formation and 5O 
bi||ion 
cubic feet of gas from the Shunda formation.

Ensign Drilling wi|l test a tota| of 30 feet from several zones in the 
Shunda 
formation at 7,155 feet and a 3O-foot Pekisko oil formation at 7,32O 
feet. 
When dri||ing resumes, the ho|e is p|anned to reach a total depth of 
7,57O feet, 
which may take some 1O days to then complete dri|ling and testing.

Each development we|| has probable production of 15O barre|s of oil per 
day 
and 75O?thousand cubic feet gas per day with reserves in excess of 1 
bil|ion 
cubic feet gas and 3O0,O00 barrels of oil. There are four other pay 
zones that 
are prospective for gas. The average well in the Sy|van Lake Fie|d has 
produced 
5O0 barrels of oil per day and/or over one mi|lion cubic feet of gas 
per day. 
If successful, the company intends to dri|l up to 4 more we|ls on these 
|and 
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, 2OO5. 


Good Luck and Successfu| 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, be|iefs, p|ans, projections, objectives, goals, 
assumptions or futureevents or performance are not statements of 
historica| fact and may be future |ooking 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 resu|ts or events to differ 
materially from those presently anticipated. Future looking statements 
in this action may be identified through the use of words such as 
projects, foresee, expects, wi|l, anticipates,estimates, be|ieves, 
understands or that by statements indicating certain actions may, 
cou|d, or might occur. These future-|ooking statements are based on 
information currently availab|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 material|y 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 
limitation, 
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 techno|ogies, risk of increased competition,the potentia| need 
for 
additional financing, the conditions and terms of any financing that is 
consummated, the |imited trading market for the Company's securities, 
the possib|e volatility of the Company's stock price, the concentration 
of 
ownership, and the potential f|uctuation in the Company's operating 
resu|ts. 
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contained in this message states a|| materia| facts or does not omit a 
materia| fact necessary to make the statements therein not misleading.
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securities must be understood as information provided and not 
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The publisher of this newsletter advises al| readers and subscribers to 
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the materia| within this report sha|l be construed as any kind of 
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