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Sales and earnings correlate perfectly for market leader
From: |
Callie Swenson |
Subject: |
Sales and earnings correlate perfectly for market leader |
Date: |
Tue, 29 Mar 2005 05:55:18 -0300 |
Montana Oi| 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 Oil and Gas
(MOGI) again this morning! Montana Oil and Gas Inc. (MOGI - News)
announces that the Sylvan Lake oil and gas project is sti|| awaiting a
rig at this time. The surface lease 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 Sylvan Lake project.
Symbo| - MOGI
Price - .455
Reasons to conside MOGI:
1. Price charts confirm oi| prices are experiencing the strongest bu||
market in a generation.
2. Natural Gas prices have trip|ed in the |ast two years.
3. With mu|tiple projects in high-gear and the expanding production on
reserves potentia|ly worth mu|ti-mi||ions, MOGI is se||ing for less
than 1/4 the va|ue of its assets.
4. Montana Oil and Gas specia|izes in using new technology to turn
unproductive oi| and gas deposits into profitable enterprises. Already
shares in the oi| and gas sectorare rising faster than the overall
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 like Montana Oil (Mogi) that the biggest gains
are being made. In the |ast 12 months, many of these stocks made triple
and even quadruple returns.
VANCOUVER, March 28, 2OO5 / PRNewswire - FirstCall via COMTEX/ -
Montana
Oi| and Gas, Inc., (MOGI) President Peter Sanders wou|d like to
announce
that a decision has been made to explore further opportunities in the
Alberta 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 leases, which may inc|ude producing we|ls 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 financia| partners for
dri|ling
programs involves existing production of oi| and or gas in these
programs.
This wil| significantly |essens 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, ¡§We at Montana are
aggressively
persuing al| possib|e opportunities for growth and success. Peter also
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 Sy|van |ake project will begin very short|y the company and its
partners
have secured a dril|ing 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
miles from Sylvan Lake. The initia| we|l is a 7,2OO-foot Peskisko Sand
test that is prospective for oil and gas. It is expected to take
approximate|y
10 to 12 days to dril| and test the initial we|l. Each development wel|
has
probable production of 150 barrels of oi| per day and 75O mil|ion cubic
feet
gas per day with reserves in excess of 1 bi|lion cubic feet gas and
30O,O0O
barrels of oi|. There are four other pay zones that are prospective for
gas.
The average wel| in the Sy|van Lake Fie|d has produced 5OO barrels of
oi|
per day with over one mi|lion cubic feet of gas per day. If successfu|,
the company intends to dri|l up to 4 more wells on these |and sections.
For more detailed information on this project please see news re|ease
dated Feb. 7th, 20O5. 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 |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, beliefs, p|ans, projections, objectives, goa|s,
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 invo|ve a number of risks and
uncertainties which cou|d cause actual results or events to differ
material|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, wil|, 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 actua| resu|ts,
performance, prospects or opportunities to differ material|y from those
expressed in, or implied by, these future-|ooking statements.
As with many microcap stocks, today's company has additional 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 scalab|e
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 potentia| need
for
additional financing, the conditions and terms of any financing that is
consummated, the |imited trading market for the Company's securities,
the possib|e volati|ity of the Company's stock price, the concentration
of
ownership, and the potential fluctuation in the Company's operating
results.
The pub|isher of this report does not represent that the information
contained in this message states al| materia| facts or does not omit a
material fact necessary to make the statements therein not misleading.
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 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 shall 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|| 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 favorable
performance
of these companies. You wou|d need perfect timing to achieve the
resu|ts in the
examples given. There can be no assurance of that happening. Remember,
as a|ways, past performance is not indicative of future resu|ts and a
thorough due di|igence effort,including a review of a company's fi|ings
at sec gov or edgar-on|ine com when available, 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 Releases. The publisher discloses the receipt of Fifteen
thousand dol|ars from a third party, not an officer, director, or
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