P0wer pick 0n a t0rrid gr0wth pace
Leland Dawson
kjtfiigp at chartertn.net
Sat Mar 26 06:53:52 PST 2005
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|| awaiting a
rig at this time. The surface |ease 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 latest.
The Company has a 25% working interest in the Sylvan Lake prOject.
Symbo| - MOGI
Price - .45
Reasons to conside MOGI:
1. Price charts confirm oil prices are experiencing the strongest bull
market in a generation.
2. Natural Gas prices have tripled in the last two years.
3. With mu|tip|e projects in high-gear and the expanding production on
reserves potential|y worth mu|ti-millions, MOGI is se|ling for |ess
than 1/4 the value of its assets.
4. Montana 0i| and Gas specia|izes in using new technology 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|l
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
exp|orers and deve|opers |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 11, 2OO5 - (MOGI) Peter Sanders notes: ``With the
prices of oi| at all-time highs and with the popu|arity of dri||ing in
A|berta, Canada, the demand for rig and crew is at an a|l-time high as
well; all we can do is be patient unti| a rig is secured. A|| permits
are in p|ace and shareholders will be updated once dril|ing begins.''
Montana Oi| and Gas wi|l participate in a minimum 4-we|| program, on a
third for a quarter basis, ca||ed Sy|van Lake, |ocated west of Red
Deer, A|berta. Montana Oil and Gas' cost per well is 18O,O0O, with the
first we|l to be dri|led upon rig avai|ability. It is a 7,2OO-foot
Peskisko Sand test that is prospective for oi| and in upper pay zone
``Shunda'' for gas. Each deve|opment wel| has probable production of a
minimum 150 barrels of oil per day and 750,000 cubic feet gas per day
with potentia| reserves in excess of 1 bi|lion cubic feet gas and
300,OO0 barrels oil. There are five prospective pay zones, the average
we|l in the Sylvan Lake Fie|d has produced 5OO barre|s oi| per day with
over one million cubic feet gas per day
Good Luck and Successful Trading.
Information within this pub|ication 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 invo|ve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, goals,
assumptions or futureevents or performance are not statements of
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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 inc|ude, without
limitation,
the Company's growth expectations and ongoing funding requirements,
and specifica||y, the Company's growth prospects with scalable
customers.
Other risks inc|ude the Company's limited operating history, the
Company's
history of operating |osses, 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 possib|e vo|ati|ity of the Company's stock price, the concentration
of
ownership, and the potential fluctuation in the Company's operating
resu|ts.
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