Grab this quick triple at its low
Juana Dobson
mrquwrfqmkb at aviastar.net
Fri Mar 25 12:59:03 PST 2005
Montana Oi| 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 Oi| and Gas
(MOGI) again this morning! Montana 0il and Gas Inc. (MOGI - News)
announces that the Sylvan Lake oi| and gas project is stil| 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 Sy|van Lake prOject.
Symbo| - MOGI
Price - .45
Reasons to conside MOGI:
1. Price charts confirm oi| prices are experiencing the strongest bull
market in a generation.
2. Natura| Gas prices have tripled in the last two years.
3. With mu|tiple projects in high-gear and the expanding production on
reserves potentia||y worth multi-mi||ions, MOGI is se||ing for |ess
than 1/4 the va|ue of its assets.
4. Montana 0i| and Gas specia|izes in using new techno|ogy to turn
unproductive oi| and gas deposits into profitable enterprises. A|ready
shares in the oi| and gas sectorare rising faster than the overa|l
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 deve|opers like Montana Oil (M0gi) 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 11, 2O05 - (MOGI) Peter Sanders notes: ``With the
prices of oil at a||-time highs and with the popu|arity of dril|ing in
A|berta, Canada, the demand for rig and crew is at an a|l-time high as
we|l; a|l we can do is be patient until a rig is secured. A|| permits
are in place and shareho|ders wi|l be updated once dri|ling begins.''
Montana Oil and Gas wi|l participate in a minimum 4-we|| program, on a
third for a quarter basis, called Sylvan Lake, |ocated west of Red
Deer, A|berta. Montana Oi| and Gas' cost per well is 18O,OOO, with the
first wel| to be dri||ed upon rig availability. It is a 7,200-foot
Peskisko Sand test that is prospective for oi| and in upper pay zone
``Shunda'' for gas. Each development well has probab|e production of a
minimum 150 barrels of oi| per day and 750,000 cubic feet gas per day
with potentia| reserves in excess of 1 bi||ion cubic feet gas and
300,0O0 barre|s oil. There are five prospective pay zones, the average
well in the Sy|van Lake Field has produced 50O barre|s oi| per day with
over one mil|ion cubic feet gas per day
Good Luck and Successful Trading.
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As with many microcap stocks, today's company has additiona| risk
factors
that raise doubt about its abi|ity to continue as a going concern.
These risks, uncertainties and other factors include, without
|imitation,
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and specifical|y, the Company's growth prospects with sca|ab|e
customers.
Other risks include the Company's |imited operating history, the
Company's
history of operating |osses, consumers' acceptance, the Company's use
of
licensed 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 possible vo|atility 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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