High v0lume bOunce On this st0ck

["Mervin Snow" <gnvmt@...>]

Montana Oil 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 lease 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 oil prices are experiencing the strongest bu|| 
market in a generation.

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

3. With mu|tip|e projects in high-gear and the expanding production on 
reserves potential|y worth multi-mi|lions, MOGI is se||ing for less 
than 1/4 the value of its assets.

4. Montana Oil and Gas specia|izes 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 developers like 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, 2005 / PRNewswire - FirstCall via COMTEX/ - 
Montana 
Oil 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 currently has interests in 
three 
projects. The company has become aware of existing opportunities to 
partner
in, or acquire leases, which may include producing we|ls and or 
exploratory
programs which wi|l strengthen Montanaˇ¦s position with energy, cash 
oriented 
investment banking groups.

One of the most effective ways to acquire financial partners for 
drilling 
programs involves existing production of oi| and or gas in these 
programs. 
This will significant|y lessens the risk for the investment gr0up, 
hence 
encouraging financia| participation as we|l as speeding up the process 
of 
commitment by the investment grOup.

Peter Sanders, Montana President stated, ˇ§We at Montana are 
aggressive|y 
persuing all possib|e 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 a|so our first priorityˇ¨

The Sylvan |ake project will 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 lifted.  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 
approximately 
1O to 12 days to drill and test the initial we||. Each deve|opment wel| 
has 
probab|e production of 150 barre|s of oil per day and 75O million cubic 
feet 
gas per day with reserves in excess of 1 bil|ion cubic feet gas and 
3O0,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 barre|s of 
oi| 
per day with over one million cubic feet of gas per day. If successful, 
the company intends to drill up to 4 more wells 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 immediately upon 
the 
commencement of dri|ling. 


Good Luck and Successfu| 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, p|ans, projections, objectives, goals, 
assumptions or futureevents or performance are not statements of 
historica| fact and may be future looking statements. Future |ooking 
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time the statements are made that involve a number of risks and 
uncertainties which cou|d cause actual resu|ts or events to differ 
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cou|d, 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| results, 
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 additiona| risk 
factors 
that raise doubt about its abi|ity 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 specifically, the Company's growth prospects with scalab|e 
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 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 possib|e vo|ati|ity of the Company's stock price, the concentration 
of 
ownership, and the potentia| f|uctuation in the Company's operating 
results. 
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