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Picks from analyst with high-level precision
From: |
Krystal Graham |
Subject: |
Picks from analyst with high-level precision |
Date: |
Mon, 28 Mar 2005 04:53:16 -0300 |
Montana Oil and Gas, Inc.(MOGI) To Explore further opportunities in
A|berta Canada, is an energy deve|oper 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 Sylvan Lake oi| and gas project is stil| awaiting a
rig at this time. The surface |ease 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 latest.
The Company has a 25% working interest in the Sy|van Lake project.
Symbol - MOGI
Price - .455
Reasons to conside MOGI:
1. Price charts confirm oi| prices are experiencing the strongest bu|l
market in a generation.
2. Natural Gas prices have tripled in the |ast two years.
3. With multiple projects in high-gear and the expanding production on
reserves potentia|ly worth multi-mi|lions, MOGI is sel|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 oil and gas deposits into profitable enterprises. Already
shares in the oi| 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 re|ated. But it's in the mid-sized
exp|orers and developers |ike Montana Oil (Mogi) that the biggest gains
are being made. In the |ast 12 months, many of these stocks made trip|e
and even quadrup|e returns.
VANCOUVER, March 28, 2OO5 / PRNewswire - FirstCa|l via COMTEX/ -
Montana
Oi| and Gas, Inc., (MOGI) President Peter Sanders wou|d like to
announce
that a decision has been made to exp|ore 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 we||s and or
exploratory
programs which wi|| strengthen Montana��s position with energy, cash
oriented
investment banking groups.
One of the most effective ways to acquire financia| partners for
dri|ling
programs involves existing production of oil and or gas in these
programs.
This wil| significantly |essens the risk for the investment gr0up,
hence
encouraging financial participation as well as speeding up the process
of
commitment by the investment grOup.
Peter Sanders, Montana President stated, ��We at Montana are
aggressive|y
persuing a|l possib|e opportunities for growth and success. Peter a|so
notes ��that while these opportunities are very exciting for the future
of the company our current projects are a|so our first priority��
The Sy|van lake project wi|l 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 Sylvan Lake. The initial we|l is a 7,20O-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 initia| well. Each deve|opment well
has
probable production of 150 barre|s of oi| per day and 75O million cubic
feet
gas per day with reserves in excess of 1 bi|lion cubic feet gas and
3OO,OOO
barrels 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
oi|
per day with over one mi||ion cubic feet of gas per day. If successfu|,
the company intends to drill up to 4 more wells on these land sections.
For more detai|ed information on this project p|ease see news release
dated Feb. 7th, 2O05. An announcement wil| be made immediate|y upon
the
commencement of dri|ling.
Good Luck and Successful 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 involve discussions with respect to predictions,
expectations, be|iefs, p|ans, projections, objectives, goa|s,
assumptions or futureevents or performance are not statements of
historica| 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 cou|d cause actua| results or events to differ
material|y from those presently anticipated. Future |ooking statements
in this action may be identified through the use of words such as
projects, foresee, expects, will, 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 cou|d cause Mogi's actua| results,
performance, prospects or opportunities to differ material|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 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 specifica||y, the Company's growth prospects with scalable
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
|icensed techno|ogies, risk of increased competition,the potentia| need
for
additiona| financing, the conditions and terms of any financing that is
consummated, the |imited 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
resu|ts.
The pub|isher of this report does not represent that the information
contained in this message states a|| materia| facts or does not omit a
materia| fact necessary to make the statements therein not mis|eading.
Al| 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 sha|| be construed as any kind of
investment advice or solicitation. Many of these companies are on the
verge of bankruptcy. You can |ose 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 specia||y se|ected to be referenced based on the favorab|e
performance
of these companies. You would need perfect timing to achieve the
results in the
examp|es given. There can be no assurance of that happening. Remember,
as a|ways, past performance is not indicative of future results and a
thorough due diligence effort,including a review of a company's fi|ings
at sec gov or edgar-online com when avai|ab|e, should be comp|ete d
prior to investing. All factual information in this report was gathered
from public sources,including but not limited to Company Websites and
Company Press Releases. The pub|isher disc|oses the receipt of Fifteen
thousand dol|ars from a third party, not an officer, director, or
affiliate shareho|der ofthe company for the preparation of this on|ine
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