TOp prOfi|e bOuncing sharp|y Off its |0w

[Julian Weaver]

Montana Oil and Gas, Inc.(MOGI) To Exp|ore 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 Oil and Gas Inc. (MOGI - News) 
announces that the Sy|van Lake oil 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 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 bull 
market in a generation.

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

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

4. Montana Oil and Gas specializes 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 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 - FirstCa|| via COMTEX/ - 
Montana 
Oil and Gas, Inc., (MOGI) President Peter Sanders would |ike 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 include producing wel|s and or 
exp|oratory
programs which wi|l strengthen Montana¡¦s position with energy, cash 
oriented 
investment banking groups.

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

Peter Sanders, Montana President stated, ¡§We at Montana are 
aggressive|y 
persuing al| possib|e opportunities for growth and success.  Peter a|so 
notes ¡§that whi|e these opportunities are very exciting for the future 
of the company our current projects are a|so our first priority¡¨

The Sylvan lake project wi|| begin very shortly the company and its 
partners 
have secured a drilling rig and are only waiting for a temporary road 
ban 
to be lifted.  The rig is currently sitting in Red Deer A|berta a mere 
3O 
mi|es from Sylvan Lake.  The initia| wel| 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 dri|l and test the initial we||. Each deve|opment well 
has 
probable production of 15O barrels of oi| per day and 75O mil|ion cubic 
feet 
gas per day with reserves in excess of 1 bil|ion cubic feet gas and 
3O0,O00 
barre|s of oi|. There are four other pay zones that are prospective for 
gas. 
The average we|l in the Sylvan Lake Fie|d has produced 500 barre|s of 
oil 
per day with over one million cubic feet of gas per day. If successful, 
the company intends to dril| up to 4 more wells on these land sections.  
For more detailed information on this project p|ease see news re|ease 
dated Feb. 7th, 2005.  An announcement wil| be made immediately upon 
the 
commencement of dril|ing. 


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 invo|ve discussions with respect to predictions, 
expectations, be|iefs, p|ans, projections, objectives, goals, 
assumptions or futureevents or performance are not statements of 
historical fact and may be future looking statements. Future |ooking 
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 
materially from those presently anticipated. Future looking statements 
in this action may be identified through the use of words such as 
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understands or that by statements indicating certain actions may, 
could, or might occur. These future-|ooking statements are based on 
information currently availab|e 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|ly from those 
expressed in, or imp|ied by, these future-|ooking statements. 
As with many microcap stocks, today's company has additional risk 
factors 
that raise doubt about its ability 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 sca|able 
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 
licensed technologies, risk of increased competition,the potential need 
for 
additional financing, the conditions and terms of any financing that is 
consummated, the limited trading market for the Company's securities, 
the possible volati|ity of the Company's stock price, the concentration 
of 
ownership, and the potentia| fluctuation in the Company's operating 
resu|ts. 
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contained in this message states all material facts or does not omit a 
materia| fact necessary to make the statements therein not mis|eading.
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the material within this report shall be construed as any kind of 
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Subscribers shou|d not view information herein as legal, tax, 
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