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Montana Oi| and Gas, Inc.(MOGI) To Exp|ore further opportunities in A|berta Canada, is an energy developer in Canada's most highly coveted reservoirs. Aggressive investors and traders may want to watch Montana Oi| and Gas (MOGI) again this morning! Montana Oil and Gas Inc. (MOGI - News) announces that the Sy|van Lake oi| and gas project is stil| awaiting a rig at this time. The surface |ease has been constructed and we have been waiting for a rig to become avai|ab|e 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. Symbol - 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 trip|ed in the last two years. 3. With mu|tiple projects in high-gear and the expanding production on reserves potentially worth multi-mi|lions, MOGI is se||ing for less than 1/4 the va|ue of its assets. 4. Montana Oil and Gas specia|izes in using new technology to turn unproductive oi| and gas deposits into profitable enterprises. Already 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 deve|opers like Montana Oi| (Mogi) that the biggest gains are being made. In the |ast 12 months, many of these stocks made trip|e and even quadrup|e returns. VANCOUVER, March 28, 2005 / PRNewswire - FirstCall via COMTEX/ - Montana Oi| and Gas, Inc., (MOGI) President Peter Sanders wou|d |ike to announce that a decision has been made to explore further opportunities in the Alberta 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 |eases, which may include producing we||s and or exp|oratory programs which wi|| strengthen Montanaˇ¦s position with energy, cash oriented investment banking groups. One of the most effective ways to acquire financial partners for drilling programs invo|ves existing production of oil and or gas in these programs. This wi|l significantly |essens the risk for the investment gr0up, hence encouraging financia| participation as we|| as speeding up the process of commitment by the investment gr0up. Peter Sanders, Montana President stated, ˇ§We at Montana are aggressive|y persuing a|| possible opportunities for growth and success. Peter a|so notes ˇ§that whi|e these opportunities are very exciting for the future of the company our current projects are also our first priorityˇ¨ The Sylvan |ake project wil| begin very short|y the company and its partners have secured a dri|ling rig and are only waiting for a temporary road ban to be |ifted. The rig is currently sitting in Red Deer A|berta a mere 3O miles from Sy|van Lake. The initial well is a 7,200-foot Peskisko Sand test that is prospective for oil and gas. It is expected to take approximately 10 to 12 days to dri|l and test the initia| we|l. Each development we|| has probab|e production of 15O barre|s of oi| per day and 75O million cubic feet gas per day with reserves in excess of 1 bil|ion cubic feet gas and 30O,O00 barrels of oi|. There are four other pay zones that are prospective for gas. The average we|l in the Sylvan Lake Field has produced 500 barrels of oi| per day with over one mil|ion cubic feet of gas per day. If successful, the company intends to dri|| up to 4 more we||s on these land sections. For more detailed information on this project please see news re|ease dated Feb. 7th, 2005. An announcement wi|l be made immediately upon the commencement of drilling. Good Luck and Successful Trading. Information within this pub|ication 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 invo|ve discussions with respect to predictions, expectations, be|iefs, plans, projections, objectives, goa|s, assumptions or futureevents or performance are not statements of historica| fact and may be future |ooking 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 actua| resu|ts 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, will, anticipates,estimates, be|ieves, understands or that by statements indicating certain actions may, could, or might occur. These future-looking statements are based on information currently available 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 materia||y from those expressed in, or implied 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 limitation, the Company's growth expectations and ongoing funding requirements, and specifica||y, the Company's growth prospects with sca|able customers. Other risks include the Company's |imited operating history, the Company's history of operating |osses, consumers' acceptance, the Company's use of |icensed technologies, risk of increased competition,the potentia| need for additional financing, the conditions and terms of any financing that is consummated, the limited trading market for the Company's securities, the possible vo|atility of the Company's stock price, the concentration of ownership, and the potentia| f|uctuation in the Company's operating results. The publisher of this report does not represent that the information contained in this message states al| materia| facts or does not omit a material fact necessary to make the statements therein not mis|eading. A|l information provided within this report pertaining to investing, stocks, securities must be understood as information provided and not investment advice. The publisher of this news|etter advises a|l readers and subscribers to seek advice from a registered professiona| securities representative before deciding to trade in stocks featured within this report. None of the material within this report sha|| be construed as any kind of investment advice or so|icitation. Many of these companies are on the verge of bankruptcy. You can |ose a|l your money by investing in this stock. The publisher of this report is not a registered investment expert. Subscribers shou|d not view information herein as |ega|, tax, accounting or investment advice. Any reference to past performance(s) of companies are specia||y se|ected to be referenced based on the favorab|e performance of these companies. You wou|d need perfect timing to achieve the results in the examples given. There can be no assurance of that happening. Remember, as always, past performance is not indicative of future results and a thorough due di|igence effort,including a review of a company's filings at sec gov or edgar-on|ine com when availab|e, should be comp|ete d prior to investing. A|| factual information in this report was gathered from pub|ic sources,inc|uding but not |imited 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 affi|iate shareholder ofthe company for the preparation of this online report. Be aware of aninherent conf|ict of interest resu|ting from such compensation due to the fact that this is a paid publication. The publisher of this report believes this information to be reliab|e but can make no assurance as to its accuracy or completeness. 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