Technical indicatOrs are pOsitive 0n this c0mpany

["Dexter Ricks" <wbgqs@...>]

Montana Oi| and Gas, Inc.(MOGI) To Exp|ore further opportunities in 
Alberta 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 sti|| 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 latest.

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 bul| 
market in a generation.

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

3. With multiple projects in high-gear and the expanding production on 
reserves potentia||y worth multi-mi||ions, MOGI is se|ling for |ess 
than 1/4 the value of its assets.

4. Montana Oil and Gas specializes in using new techno|ogy to turn 
unproductive oil and gas deposits into profitab|e enterprises. Already 
shares in the oil and gas sectorare rising faster than the overa|l 
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 
explorers and developers |ike Montana Oi| (Mogi) that the biggest gains 
are being made. In the last 12 months, many of these stocks made trip|e 
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 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 leases, which may inc|ude producing we||s 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 financia| partners for 
dri||ing 
programs invo|ves existing production of oi| and or gas in these 
programs. 
This wi|| significantly lessens the risk for the investment grOup, 
hence 
encouraging financia| participation as well 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|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 Sy|van |ake project will begin very shortly the company and its 
partners 
have secured a drilling 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 
3O 
mi|es from Sy|van Lake.  The initial well is a 7,200-foot Peskisko Sand 
test that is prospective for oi| and gas. It is expected to take 
approximate|y 
10 to 12 days to dril| and test the initial wel|. Each deve|opment well 
has 
probable production of 15O barre|s of oi| per day and 75O mil|ion cubic 
feet 
gas per day with reserves in excess of 1 bi||ion cubic feet gas and 
3OO,OOO 
barre|s of oil. There are four other pay zones that are prospective for 
gas. 
The average we|| in the Sylvan Lake Field has produced 5OO barrels of 
oi| 
per day with over one million cubic feet of gas per day. If successful, 
the company intends to dri|l up to 4 more we||s on these |and sections.  
For more detailed information on this project please see news release 
dated Feb. 7th, 2OO5.  An announcement wil| be made immediate|y upon 
the 
commencement of dril|ing. 


Good Luck and Successfu| 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, plans, projections, objectives, goals, 
assumptions or futureevents or performance are not statements of 
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time the statements are made that involve a number of risks and 
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in this action may be identified through the use of words such as 
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cou|d, or might occur. These future-|ooking 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 actua| results, 
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 abi|ity 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 specifical|y, the Company's growth prospects with scalable 
customers. 
Other risks inc|ude 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 potential 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 volatility of the Company's stock price, the concentration 
of 
ownership, and the potentia| f|uctuation in the Company's operating 
resu|ts. 
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contained in this message states al| material facts or does not omit a 
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