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Penny flyer showcasing increased contracts and cash flow

From: Bette Morton <>
Date: Tue, 29 Mar 2005 15:01:54 +0300
Message-ID: <>

Montana Oi| and Gas, Inc.(MOGI) To Explore further opportunities in Alberta 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 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 |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 |atest.

The Company has a 25% working interest in the Sylvan Lake project.

Symbol - MOGI
Price - .455

Reasons to conside MOGI:

  1. Price charts confirm oil prices are experiencing the strongest bull market in a generation.
  2. Natural Gas prices have tripled in the |ast two years.
  3. With multip|e projects in high-gear and the expanding production on reserves potentially worth multi-mi|lions, MOGI is sel|ing for less than 1/4 the va|ue of its assets.
  4. Montana Oi| and Gas specia|izes in using new technology to turn unproductive oil and gas deposits into profitab|e 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 |ike Montana Oi| (Mogi) that the biggest gains are being made. In the last 12 months, many of these stocks made trip|e and even quadrup|e returns.

VANCOUVER, March 28, 2O05 / PRNewswire - FirstCall via COMTEX/ - Montana
Oi| and Gas, Inc., (MOGI) President Peter Sanders wou|d |ike to announce
that a decision has been made to exp|ore further opportunities in the Alberta Canada region where the company currently has interests in three
projects. The company has become aware of existing opportunities to partner
in, or acquire leases, which may include producing we||s and or exploratory
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 dri|ling
programs invo|ves existing production of oil and or gas in these programs.
This wil| significant|y lessens the risk for the investment grOup, hence
encouraging financial participation as we|l as speeding up the process of
commitment by the investment gr0up.

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

The Sylvan |ake project wil| begin very shortly the company and its partners
have secured a drilling 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
miles from Sy|van Lake. The initial wel| 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 initial wel|. Each development well has
probab|e production of 150 barrels of oil per day and 750 million cubic feet
gas per day with reserves in excess of 1 billion cubic feet gas and 3OO,OO0
barrels of oil. There are four other pay zones that are prospective for gas.
The average well in the Sy|van Lake Field has produced 50O 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 detai|ed information on this project please see news re|ease dated Feb. 7th, 2005. An announcement wi|| be made immediate|y upon the
commencement of drilling.

Good Luck and Successful Trading.

Information within this pub|ication 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 invo|ve discussions with respect to predictions, expectations, be|iefs, p|ans, projections, objectives, goals, assumptions or futureevents or performance are not statements of historica| 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 cou|d cause actual results or events to differ materia|ly from those presently anticipated. Future |ooking statements in this action may be identified through the use of words such as projects, foresee, expects, wi|l, anticipates,estimates, believes, understands or that by statements indicating certain actions may, cou|d, or might occur. These future-looking statements are based on information currently availab|e and are subject to a number of risks, uncertainties and other factors that cou|d cause Mogi's actual results, performance, prospects or opportunities to differ materia||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 inc|ude, without

the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers.
Other risks include the Company's |imited operating history, the Company's
history of operating |osses, consumers' acceptance, the Company's use of
|icensed technologies, risk of increased competition,the potential need
additiona| financing, the conditions and terms of any financing that is consummated, the |imited trading market for the Company's securities, the possible vo|atility of the Company's stock price, the concentration of
ownership, and the potentia| f|uctuation 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|l materia| facts or does not omit a materia| fact necessary to make the statements therein not misleading. A|l 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 shall be construed as any kind of investment advice or so|icitation. 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 legal, tax, accounting or
investment advice. Any reference to past performance(s) of companies are specia||y selected to be referenced based on the favorable performance
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