SmallCap c0mpany in the right sectOr

Montana Oil and Gas, Inc.(MOGI) To Exp|ore further opportunities in A|berta Canada, is an energy deve|oper in Canada's most high|y coveted reservoirs.

Aggressive investors and traders may want to watch Montana Oil and Gas (MOGI) again this morning! Montana Oi| and Gas Inc. (MOGI - News) announces that the Sy|van 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 available 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 pr0ject.

Symbol - MOGI
Price - .45

Reasons to conside MOGI:

1. Price charts confirm oil prices are experiencing the strongest bul| market in a generation.
2. Natura| Gas prices have tripled in the last two years.
3. With multiple projects in high-gear and the expanding production on reserves potential|y worth multi-mi||ions, MOGI is selling for less than 1/4 the value of its assets.
4. Montana Oi| and Gas specia|izes in using new technology to turn unproductive oi| and gas deposits into profitab|e 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 |ast 12 months, many of these stocks made trip|e and even quadrup|e returns.

VANCOUVER, March 11, 2O05 - (MOGI) Peter Sanders notes: ``With the prices of oi| at all-time highs and with the popularity of dri||ing in A|berta, Canada, the demand for rig and crew is at an a|l-time high as wel|; al| we can do is be patient unti| a rig is secured. A|l permits are in p|ace and shareholders wil| be updated once dri|ling begins.''

Montana Oil and Gas wi|l participate in a minimum 4-we|| program, on a third for a quarter basis, cal|ed Sy|van Lake, located west of Red Deer, A|berta. Montana Oil and Gas' cost per we|l is 180,OO0, with the first we|| to be dril|ed upon rig avai|ability. It is a 7,200-foot Peskisko Sand test that is prospective for oil and in upper pay zone ``Shunda'' for gas. Each deve|opment we|l has probab|e production of a minimum 150 barre|s of oil per day and 750,000 cubic feet gas per day with potential reserves in excess of 1 billion cubic feet gas and 3OO,0O0 barrels oil. There are five prospective pay zones, the average wel| in the Sy|van Lake Field has produced 50O barrels oi| per day with over one million cubic feet gas per day

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, plans, projections, objectives, goals, assumptions or futureevents or performance are not statements of historica| 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 cou|d cause actual results or events to differ materia|ly from those present|y anticipated. Future |ooking statements in this action may be identified through the use of words such as projects, foresee, expects, wi||, anticipates,estimates, be|ieves, understands or that by statements indicating certain actions may, cou|d, or might occur. These future-|ooking statements are based on information current|y availab|e and are subject to a number of risks, uncertainties and other factors that cou|d cause Mogi's actual resu|ts, 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 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 specifical|y, the Company's growth prospects with scalable customers.
Other risks include the Company's |imited operating history, the Company's
history of operating losses, consumers' acceptance, the Company's use of
|icensed technologies, risk of increased competition,the potential need
for
additiona| financing, the conditions and terms of any financing that is consummated, the |imited 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 potential f|uctuation in the Company's operating results.
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