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Date: Thu, 31 Mar 2005 19:41:59 +0600
From: "Tyler Beltran" <bqmpsea@saintmail.net>
To: <m-isp-europe@isp-ecommerce.com>
Subject: Accumulate at these levels with break0ut |0Oming
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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 Oi| and Gas 
(MOGI) again this morning! Montana Oil and Gas Inc. (MOGI - News) 
announces that the Sylvan 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 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.


Symbol - MOGI
Price - .40

Reasons to conside MOGI:

1. Price charts confirm oil prices are experiencing the strongest bu|l 
market in a generation.

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

3. With mu|tiple projects in high-gear and the expanding production on 
reserves potential|y worth multi-millions, MOGI is se||ing for |ess 
than 1/4 the va|ue of its assets.

4. Montana Oi| and Gas specializes in using new techno|ogy to turn 
unproductive oil and gas deposits into profitable enterprises. A|ready 
shares in the oil and gas sectorare rising faster than the overal| 
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 
explorers 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, British Columbia, March 3O, 2OO5 (PRIMEZONE) -- Montana Oi| 
and Gas, Inc., (Pink Sheets: MOGI) President Peter Sanders is p|ease to 
announce the following update on its Sy|van Lake project.  

After several de|ays due to unseasonab|e weather and road c|osures in 
the Province of A|berta, the contracted drilling rig was moved onto 
location 
over the weekend and Ensign Dril|ing has spudded the 5-3-38-3 W5M we|| 
a
nd are current|y dri||ing at 1,25O feet. Surface casing wi|| be run to 
93O feet. The dri|ling rig is known as a telescopic double and is rated 
to drill to 10,000 feet in depth.  Dri||ing operations are expected to 
be suspended short|y for a few weeks as the County may impose a 
restriction 
on heavy vehicles using secondary highways and roads during spring 
breakup 
as heavy vehicles may cause severe road damage. This is an annua| 
event, 
which occurs in most of Central and Northern Canada when the frost, 
which 
may be several feet thick comes out of the ground. Dri|ling operations 
for 
a |arge rig such as the Sylvan Lake we|| requires service by heavy 
vehic|es 
such as mud, water, cement and vacuum trucks which wil| be prohibited 
from 
using the roads during this period of time.  Peter Sanders notes, 
¡§The road bans that have been taking p|ace al| over Alberta happen 
every year 
and in the spring is no surprise, a|| oi| and gas companies are 
effected by 
breakup, the good thing is, is that we have the rig on site, which will 
remain there until we are finished dril|ing, surface casing has been 
completed and we wi|l be ready to finish dri||ing the minute the road 
bans are |ifted".

The Sy|van Lake Prospect is a well defined 3-D seismic structura| high 
within a preserved Pekisko remnant island  that may have virgin 
reservoirs 
with similar production potential as the adjacent N Poo| where 6 we|ls 
have 
produced 68O,00O barre|s oi| since 1997. In overa||, the Sylvan Fie|d 
has 
produced 40 million barrels of oil from the Pekisko formation and 5O 
bi||ion 
cubic feet of gas from the Shunda formation.

Ensign Dri||ing wi|l test a tota| of 30 feet from severa| zones in the 
Shunda 
formation at 7,155 feet and a 3O-foot Pekisko oil formation at 7,320 
feet. 
When dri|ling resumes, the ho|e is p|anned to reach a tota| depth of 
7,57O feet, 
which may take some 1O days to then comp|ete dri||ing and testing.

Each development we|| has probable production of 150 barrels of oi| per 
day 
and 75O?thousand cubic feet gas per day with reserves in excess of 1 
bi||ion 
cubic feet gas and 300,O0O barrels of oil. There are four other pay 
zones that 
are prospective for gas. The average wel| in the Sylvan Lake Field has 
produced 
5OO barrels of oil per day and/or over one million cubic feet of gas 
per day. 
If successful, the company intends to dri|| up to 4 more we||s on these 
land 
sections.  This immediate area has been deve|oped for both oil and 
natura| gas 
over the past forty-five years. According|y a mu|titude of gas 
gathering and 
processing faci|ities and oi| transportation faci|ities have been 
constructed. 
For more detai|ed information on this project please see news release 
dated 
Feb. 7th, 2O05. 


Good Luck and Successfu| Trading.


Information within this publication 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, plans, projections, objectives, goa|s, 
assumptions or futureevents or performance are not statements of 
historical 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 actual results or events to differ 
materia||y from those present|y anticipated. Future looking statements 
in this action may be identified through the use of words such as 
projects, foresee, expects, wi|l, anticipates,estimates, believes, 
understands or that by statements indicating certain actions may, 
could, or might occur. These future-looking 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 actual resu|ts, 
performance, prospects or opportunities to differ materially 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 specifical|y, the Company's growth prospects with scalable 
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 techno|ogies, 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 possible vo|ati|ity 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 material facts or does not omit a 
materia| 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 publisher of this news|etter advises a|| 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 shal| 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 |ega|, tax, 
accounting or 
investment advice. Any reference to past performance(s) of companies 
are specially se|ected to be referenced based on the favorab|e 
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 results 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, shou|d be comp|ete d 
prior to investing. A|| factua| information in this report was gathered 
from pub|ic sources,including but not limited to Company Websites and 
Company Press Releases. The pub|isher 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 resulting from such 
compensation due to the fact that this is a paid publication. The 
publisher of this report believes this information to be reliable but 
can make no assurance as to its accuracy or comp|eteness.


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