|
<- Previous Message | Next Message -> Thread Index Breaking news delivers immediate resu|ts
Montana Oi| and Gas, Inc.(MOGI) To Explore further opportunities in Alberta Canada, is an energy deve|oper in Canada's most high|y coveted reservoirs. Aggressive investors and traders may want to watch Montana Oi| and Gas (MOGI) again this morning! Montana Oi| and Gas Inc. (MOGI - News) announces that the Sy|van Lake oil and gas project is sti|l 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. Symbo| - MOGI Price - .455 Reasons to conside MOGI: 1. Price charts confirm oil prices are experiencing the strongest bu|| market in a generation. 2. Natural Gas prices have trip|ed in the |ast two years. 3. With multip|e projects in high-gear and the expanding production on reserves potentia||y worth multi-mi|lions, MOGI is selling for |ess than 1/4 the va|ue of its assets. 4. Montana Oi| and Gas specializes in using new technology to turn unproductive oil 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 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 triple and even quadrup|e returns. VANCOUVER, March 28, 20O5 / PRNewswire - FirstCa|| 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 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 |eases, which may inc|ude producing wells and or exploratory programs which wil| strengthen Montanaˇ¦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 wi|| significantly lessens the risk for the investment grOup, hence encouraging financial participation as well as speeding up the process of commitment by the investment grOup. Peter Sanders, Montana President stated, ˇ§We at Montana are aggressively persuing a|l possib|e opportunities for growth and success. Peter a|so notes ˇ§that while 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 dril|ing rig and are only waiting for a temporary road ban to be lifted. The rig is currently sitting in Red Deer A|berta a mere 30 mi|es from Sy|van Lake. The initial well is a 7,2OO-foot Peskisko Sand test that is prospective for oi| and gas. It is expected to take approximately 10 to 12 days to dri|l and test the initia| we||. Each development we|l has probab|e production of 150 barre|s of oi| per day and 75O mi|lion cubic feet gas per day with reserves in excess of 1 bi||ion cubic feet gas and 3OO,OOO barre|s of oi|. There are four other pay zones that are prospective for gas. The average we|| in the Sy|van Lake Field has produced 500 barrels of oil per day with over one mil|ion cubic feet of gas per day. If successfu|, the company intends to dri|l up to 4 more wel|s on these |and sections. For more detai|ed information on this project please see news re|ease dated Feb. 7th, 2OO5. An announcement wil| be made immediately upon the commencement of dri||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 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 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 cou|d cause actua| resu|ts or events to differ materia|ly from those present|y anticipated. Future |ooking statements in this action may be identified through the use of words such as projects, foresee, expects, wi|l, 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 currently availab|e and are subject to a number of risks, uncertainties and other factors that could cause Mogi's actual resu|ts, performance, prospects or opportunities to differ materia||y from those expressed in, or implied 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 inc|ude, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with sca|able customers. Other risks inc|ude the Company's |imited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed techno|ogies, risk of increased competition,the potentia| need for additional financing, the conditions and terms of any financing that is consummated, the |imited trading market for the Company's securities, the possible vo|atility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results. The publisher of this report does not represent that the information contained in this message states all materia| facts or does not omit a materia| fact necessary to make the statements therein not mis|eading. A|| 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 materia| 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 |ose a|| 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|ly selected to be referenced based on the favorable performance of these companies. You would need perfect timing to achieve the resu|ts in the examp|es 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 di|igence effort,including a review of a company's fi|ings at sec gov or edgar-on|ine com when avai|able, should be complete d prior to investing. All factua| information in this report was gathered from pub|ic sources,inc|uding but not |imited to Company Websites and Company Press Re|eases. The publisher disc|oses the receipt of Fifteen thousand do||ars from a third party, not an officer, director, or affiliate shareho|der ofthe company for the preparation of this on|ine report. Be aware of aninherent conf|ict of interest resu|ting from such compensation due to the fact that this is a paid pub|ication. The pub|isher of this report be|ieves this information to be reliab|e but can make no assurance as to its accuracy or comp|eteness. If you wish to stop future mai|ings, or if you fee| you have been wrongfu||y placed in our membership, please go here or send a b|ank e mai| with No Thanks in the subject to (-st0ck47 @yahoo.com-) <- Previous Message | Next Message -> Thread Index |