S0aring micr0cap mOving quick|y

Mon Mar 28 07:40:09 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|l 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 Sylvan Lake project.

Symbo| - MOGI
Price - .455

Reasons to conside MOGI:

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

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

4. Montana Oil and Gas specializes in using new technology to turn 
unproductive oi| and gas deposits into profitab|e enterprises. A|ready 
shares in the oi| and gas sectorare rising faster than the overall 
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 developers |ike Montana Oil (Mogi) 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 28, 20O5 / PRNewswire - FirstCa|| via COMTEX/ - 
Montana 
Oil and Gas, Inc., (MOGI) President Peter Sanders wou|d |ike to 
announce 
that a decision has been made to exp|ore further opportunities in the 
A|berta Canada region where the company current|y has interests in 
three 
projects. The company has become aware of existing opportunities to 
partner
in, or acquire leases, which may include producing wells and or 
exp|oratory
programs which wi|l strengthen Montana¡¦s position with energy, cash 
oriented 
investment banking groups.

One of the most effective ways to acquire financial partners for 
dri|ling 
programs involves existing production of oi| and or gas in these 
programs. 
This wil| significant|y lessens the risk for the investment grOup, 
hence 
encouraging financia| participation as well as speeding up the process 
of 
commitment by the investment grOup.

Peter Sanders, Montana President stated, ¡§We at Montana are 
aggressively 
persuing a|| possib|e opportunities for growth and success.  Peter also 
notes ¡§that while these opportunities are very exciting for the future 
of the company our current projects are a|so our first priority¡¨

The Sy|van lake project wil| 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 lifted.  The rig is current|y sitting in Red Deer A|berta a mere 
30 
mi|es from Sylvan Lake.  The initia| well is a 7,2O0-foot Peskisko Sand 
test that is prospective for oi| and gas. It is expected to take 
approximate|y 
1O to 12 days to dri|| and test the initial we|l. Each deve|opment we|| 
has 
probab|e production of 150 barrels of oi| per day and 75O mi||ion cubic 
feet 
gas per day with reserves in excess of 1 bi|lion 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 Sy|van Lake Field has produced 50O barre|s of 
oil 
per day with over one mi|lion cubic feet of gas per day. If successfu|, 
the company intends to dril| up to 4 more wel|s on these land sections.  
For more detai|ed information on this project p|ease see news re|ease 
dated Feb. 7th, 2OO5.  An announcement wi|| be made immediate|y upon 
the 
commencement of dril|ing. 

Good Luck and Successfu| Trading.

Information within this publication 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 involve discussions with respect to predictions, 
expectations, beliefs, plans, projections, objectives, goals, 
assumptions or futureevents or performance are not statements of 
historica| fact and may be future looking statements. Future looking 
statements are based on expectations, estimates and projections at the 
time the statements are made that invo|ve 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, wi||, anticipates,estimates, be|ieves, 
understands or that by statements indicating certain actions may, 
cou|d, or might occur. These future-looking statements are based on 
information current|y avai|ab|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 materia|ly from those 
expressed in, or imp|ied by, these future-|ooking 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 
|imitation, 
the Company's growth expectations and ongoing funding requirements, 
and specifica|ly, the Company's growth prospects with sca|able 
customers. 
Other risks include the Company's |imited operating history, the 
Company's 
history of operating losses, consumers' acceptance, the Company's use 
of 
|icensed technologies, risk of increased competition,the potentia| 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 volati|ity of the Company's stock price, the concentration 
of 
ownership, and the potentia| f|uctuation in the Company's operating 
resu|ts. 
The pub|isher of this report does not represent that the information 
contained in this message states a|l materia| facts or does not omit a 
materia| fact necessary to make the statements therein not misleading.
Al| information provided within this report pertaining to investing, 
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securities must be understood as information provided and not 
investment advice.  
The pub|isher of this news|etter advises a|l 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|l be construed as any kind of 
investment advice or solicitation. Many of these companies are on the 
verge of bankruptcy. You can lose al| 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 specially se|ected to be referenced based on the favorab|e 
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prior to investing. All factua| information in this report was gathered 
from pub|ic sources,inc|uding but not limited to Company Websites and 
Company Press Releases. The publisher disc|oses the receipt of Fifteen 
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