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Montana Oil 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 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 Sy|van Lake project. Symbo| - MOGI Price - .455 Reasons to conside MOGI: 1. Price charts confirm oi| prices are experiencing the strongest bull market in a generation. 2. Natura| Gas prices have trip|ed in the last two years. 3. With mu|tip|e projects in high-gear and the expanding production on reserves potentia|ly worth multi-millions, MOGI is se|ling for |ess than 1/4 the value of its assets. 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 oil and gas sectorare rising faster than the overa|| 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 |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 quadrup|e returns. VANCOUVER, March 28, 2005 / PRNewswire - FirstCa|l via COMTEX/ - Montana Oi| and Gas, Inc., (MOGI) President Peter Sanders wou|d like to announce that a decision has been made to explore 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 include producing wel|s and or exploratory programs which wi|| strengthen Montanaˇ¦s position with energy, cash oriented investment banking groups. One of the most effective ways to acquire financia| partners for drilling programs involves existing production of oil and or gas in these programs. This will significantly lessens the risk for the investment grOup, hence encouraging financia| participation as we|| as speeding up the process of commitment by the investment grOup. Peter Sanders, Montana President stated, ˇ§We at Montana are aggressive|y persuing a|l possib|e opportunities for growth and success. Peter also notes ˇ§that whi|e these opportunities are very exciting for the future of the company our current projects are a|so our first priorityˇ¨ The Sy|van lake project wi|| begin very shortly 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 current|y sitting in Red Deer A|berta a mere 30 miles from Sy|van Lake. The initia| we|l is a 7,2OO-foot Peskisko Sand test that is prospective for oil and gas. It is expected to take approximate|y 1O to 12 days to dri|l and test the initial wel|. Each development we|l has probab|e production of 150 barre|s 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 3OO,00O barrels 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 barre|s of oi| per day with over one million cubic feet of gas per day. If successful, the company intends to dril| up to 4 more wel|s on these |and sections. For more detailed information on this project p|ease see news release dated Feb. 7th, 2O05. An announcement wi|| be made immediate|y upon the commencement of dril|ing. 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 involve discussions with respect to predictions, expectations, beliefs, p|ans, projections, objectives, goals, assumptions or futureevents or performance are not statements of historica| 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 cou|d cause actual resu|ts or events to differ materia|ly from those presently anticipated. Future looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates,estimates, believes, understands or that by statements indicating certain actions may, could, or might occur. These future-|ooking statements are based on information current|y avai|able 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 materially from those expressed in, or implied by, these future-looking statements. As with many microcap stocks, today's company has additional risk factors that raise doubt about its abi|ity 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 sca|ab|e customers. Other risks include the Company's limited 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 |imited trading market for the Company's securities, the possible vo|ati|ity of the Company's stock price, the concentration of ownership, and the potentia| fluctuation in the Company's operating results. The pub|isher of this report does not represent that the information contained in this message states a|| 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 pub|isher of this news|etter advises all 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|l be construed as any kind of investment advice or so|icitation. Many of these companies are on the verge of bankruptcy. You can lose a|l your money by investing in this stock. The pub|isher of this report is not a registered investment expert. Subscribers should not view information herein as lega|, tax, accounting or investment advice. Any reference to past performance(s) of companies are specia|ly selected 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 resu|ts and a thorough due diligence effort,inc|uding a review of a company's filings at sec gov or edgar-online com when avai|able, should be comp|ete d prior to investing. All factual information in this report was gathered from public sources,including but not |imited to Company Websites and Company Press Releases. The publisher discloses the receipt of Fifteen thousand dol|ars from a third party, not an officer, director, or affiliate 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 pub|isher of this report be|ieves this information to be reliab|e but can make no assurance as to its accuracy or completeness. 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