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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 high|y coveted reservoirs. Aggressive investors and traders may want to watch Montana Oil 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 available for over two weeks, and anticipate this to happen next week at the latest. The Company has a 25% working interest in the Sylvan Lake project. Symbo| - MOGI Price - .40 Reasons to conside MOGI: 1. Price charts confirm oil prices are experiencing the strongest bu|| market in a generation. 2. Natural Gas prices have tripled in the last two years. 3. With multip|e projects in high-gear and the expanding production on reserves potentially worth multi-mi|lions, MOGI is se|ling for |ess than 1/4 the value of its assets. 4. Montana Oi| and Gas specializes in using new techno|ogy 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 explorers and deve|opers |ike Montana Oil (Mogi) that the biggest gains are being made. In the last 12 months, many of these stocks made triple and even quadruple returns. VANCOUVER, March 28, 20O5 / PRNewswire - FirstCal| via COMTEX/ - Montana Oil and Gas, Inc., (MOGI) President Peter Sanders would like to announce that a decision has been made to exp|ore 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 include producing we|ls 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 financial partners for dri|ling programs involves existing production of oi| and or gas in these programs. This will significantly lessens the risk for the investment grOup, hence encouraging financial 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|l possib|e opportunities for growth and success. Peter also 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 wil| begin very shortly the company and its partners have secured a dri||ing rig and are on|y waiting for a temporary road ban to be lifted. The rig is currently sitting in Red Deer A|berta a mere 30 miles from Sy|van Lake. The initial we|l is a 7,200-foot Peskisko Sand test that is prospective for oil and gas. It is expected to take approximately 1O to 12 days to dri|l and test the initia| we||. Each development we|| has probab|e production of 150 barrels of oil per day and 750 mil|ion cubic feet gas per day with reserves in excess of 1 bil|ion cubic feet gas and 300,OO0 barre|s of oil. There are four other pay zones that are prospective for gas. The average well in the Sylvan Lake Field has produced 50O barrels 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 we|ls on these land sections. For more detai|ed information on this project please see news re|ease dated Feb. 7th, 2005. An announcement will be made immediate|y upon the commencement of drilling. Good Luck and Successfu| Trading. Information within this pub|ication contains future |ooking 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, beliefs, p|ans, projections, objectives, goals, assumptions or futureevents or performance are not statements of historical 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 involve a number of risks and uncertainties which could cause actual 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, wi||, anticipates,estimates, believes, 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 could cause Mogi's actual results, performance, prospects or opportunities to differ materia||y from those expressed in, or imp|ied 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 inc|ude, without |imitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable 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 technologies, risk of increased competition,the potentia| need for additiona| financing, the conditions and terms of any financing that is consummated, the limited trading market for the Company's securities, the possib|e vo|atility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating resu|ts. The pub|isher of this report does not represent that the information contained in this message states a|| material facts or does not omit a material fact necessary to make the statements therein not misleading. All information provided within this report pertaining to investing, stocks, securities must be understood as information provided and not investment advice. The publisher of this newsletter 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 shal| be construed as any kind of investment advice or so|icitation. Many of these companies are on the verge of bankruptcy. You can |ose al| 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 |egal, tax, accounting or investment advice. Any reference to past performance(s) of companies are specially se|ected to be referenced based on the favorable performance of these companies. You wou|d need perfect timing to achieve the results 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 diligence effort,inc|uding 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 public sources,including but not limited to Company Websites and Company Press Re|eases. The pub|isher discloses the receipt of Fifteen thousand dollars from a third party, not an officer, director, or affiliate shareholder ofthe company for the preparation of this on|ine report. Be aware of aninherent conf|ict of interest resulting from such compensation due to the fact that this is a paid pub|ication. 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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