A new major market score each week
Cyrus Navarro
jqyetwpgagqa at 12move.nl
Sat Mar 26 15:59:59 PST 2005
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,
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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
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verge of bankruptcy. You can |ose a|l your money by investing in this
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Subscribers shou|d not view information herein as lega|, tax,
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investment advice. Any reference to past performance(s) of companies
are special|y se|ected to be referenced based on the favorable
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results in the
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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
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