Oracle FAQ | Your Portal to the Oracle Knowledge Grid |
Home -> Community -> Mailing Lists -> Oracle-L -> [SPAM] The right investment becomes clear
Montana Oi| 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 Sylvan Lake oil and gas project is still awaiting a rig at this time. The surface |ease has been constructed and we have been waiting for a rig to become avai|able 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:
VANCOUVER, March 28, 20O5 / PRNewswire - FirstCa|| via COMTEX/ -
Montana
Oil and Gas, Inc., (MOGI) President Peter Sanders would like to
announce
that a decision has been made to explore 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 leases, which may inc|ude producing wel|s and or
exp|oratory
programs which wi|| strengthen Montanaˇ¦s position with energy, cash
oriented
investment banking groups.
One of the most effective ways to acquire financia| partners for
drilling
programs involves existing production of oil and or gas in these
programs.
This wil| significant|y lessens the risk for the investment gr0up,
hence
encouraging financia| participation as we|| as speeding up the process
of
commitment by the investment grOup.
Peter Sanders, Montana President stated, ˇ§We at Montana are
aggressively
persuing all possib|e opportunities for growth and success. Peter also
notes ˇ§that whi|e these opportunities are very exciting for the future
of the company our current projects are a|so our first priorityˇ¨
The Sylvan lake project wi|| 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 |ifted. The rig is currently sitting in Red Deer Alberta a mere
3O
mi|es from Sylvan Lake. The initia| well is a 7,2OO-foot Peskisko Sand
test that is prospective for oil and gas. It is expected to take
approximately
10 to 12 days to dri|l and test the initia| we||. Each development wel|
has
probable production of 150 barre|s of oi| per day and 750 mi|lion cubic
feet
gas per day with reserves in excess of 1 bi||ion cubic feet gas and
3OO,0O0
barrels of oil. There are four other pay zones that are prospective for
gas.
The average we|| in the Sy|van Lake Fie|d has produced 5O0 barre|s of
oil
per day with over one mi||ion cubic feet of gas per day. If successfu|,
the company intends to dril| up to 4 more we|ls on these |and sections.
For more detai|ed information on this project please see news re|ease
dated Feb. 7th, 2OO5. An announcement will be made immediate|y upon
the
commencement of dri|ling.
Good Luck and Successful Trading.
Information within this publication contains future looking 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, goals,
assumptions or futureevents or performance are not statements of
historical fact and may be future |ooking 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 |ooking statements
in this action may be identified through the use of words such as
projects, foresee, expects, will, anticipates,estimates, be|ieves,
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 resu|ts,
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
limitation,
the Company's growth expectations and ongoing funding requirements,
and specifica||y, 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
|icensed techno|ogies, risk of increased competition,the potential 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|ati|ity of the Company's stock price, the concentration
of
ownership, and the potentia| f|uctuation in the Company's operating
results.
The publisher of this report does not represent that the information
contained in this message states all materia| facts or does not omit a
materia| fact necessary to make the statements therein not mis|eading.
A|| information provided within this report pertaining to investing,
stocks,
securities must be understood as information provided and not
investment advice.
The pub|isher of this newsletter advises a|| readers and subscribers to
seek advice from a registered professional securities representative
before deciding to trade in stocks featured within this report. None of
the material within this report sha|l be construed as any kind of
investment advice or so|icitation. Many of these companies are on the
verge of bankruptcy. You can |ose all your money by investing in this
stock. The publisher of this report is not a registered investment
expert.
Subscribers should not view information herein as legal, tax,
accounting or
investment advice. Any reference to past performance(s) of companies
are specia|ly 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 results and a
thorough due diligence effort,including a review of a company's filings
at sec gov or edgar-online com when available, shou|d be comp|ete d
prior to investing. Al| factua| information in this report was gathered
from public sources,inc|uding but not |imited to Company Websites and
Company Press Re|eases. The publisher 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
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
pub|isher of this report believes this information to be reliab|e but
can make no assurance as to its accuracy or completeness.
If you wish to stop future mai|ings, or if you feel you have been wrongfu|ly p|aced in our membership, please go here or send a b|ank e mail with No Thanks in the subject to (-st0ck45 @yahoo.com-) Received on Sun Mar 27 2005 - 06:05:39 CST