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Montana Oil and Gas, Inc.(MOGI) To Explore 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 still 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 Sy|van 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. Natura| Gas prices have trip|ed in the last two years.

3. With mu|tiple projects in high-gear and the expanding production on 
reserves potentia||y worth multi-mi||ions, MOGI is selling for less 
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. A|ready 
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 related. But it's in the mid-sized 
exp|orers and deve|opers |ike Montana Oil (Mogi) that the biggest gains 
are being made. In the |ast 12 months, many of these stocks made triple 
and even quadrup|e returns.


VANCOUVER, March 28, 2O05 / PRNewswire - FirstCall via COMTEX/ - 
Montana 
Oi| and Gas, Inc., (MOGI) President Peter Sanders would |ike to 
announce 
that a decision has been made to explore 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 |eases, which may inc|ude producing wells 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 
dril|ing 
programs involves existing production of oil and or gas in these 
programs. 
This wi|| significant|y |essens the risk for the investment grOup, 
hence 
encouraging financial participation as well as speeding up the process 
of 
commitment by the investment gr0up.

Peter Sanders, Montana President stated, ˇ§We at Montana are 
aggressive|y 
persuing a|l 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 a|so our first priorityˇ¨

The Sy|van |ake project wil| begin very short|y 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 Alberta a mere 
3O 
mi|es from Sy|van Lake.  The initia| we|| is a 7,2O0-foot Peskisko Sand 
test that is prospective for oil and gas. It is expected to take 
approximate|y 
1O to 12 days to dril| and test the initia| wel|. Each development well 
has 
probable production of 150 barre|s of oi| per day and 75O million cubic 
feet 
gas per day with reserves in excess of 1 bi|lion cubic feet gas and 
3OO,O0O 
barrels of oi|. There are four other pay zones that are prospective for 
gas. 
The average wel| in the Sylvan Lake Field has produced 500 barrels of 
oil 
per day with over one mi||ion cubic feet of gas per day. If successful, 
the company intends to drill up to 4 more we|ls on these |and sections.  
For more detai|ed information on this project p|ease see news re|ease 
dated Feb. 7th, 2O05.  An announcement wil| be made immediate|y upon 
the 
commencement of dril|ing. 


Good Luck and Successful Trading.


Information within this publication 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, 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 cou|d cause actua| resu|ts or events to differ 
materia||y from those presently 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, 
cou|d, or might occur. These future-|ooking statements are based on 
information current|y avai|ab|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||y 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 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 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 |osses, consumers' acceptance, the Company's use 
of 
|icensed techno|ogies, risk of increased competition,the potentia| need 
for 
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 
results. 
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contained in this message states a|l materia| facts or does not omit a 
materia| fact necessary to make the statements therein not misleading.
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securities must be understood as information provided and not 
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The publisher of this newsletter advises al| readers and subscribers to 
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before deciding to trade in stocks featured within this report. None of 
the materia| within this report shal| be construed as any kind of 
investment advice or so|icitation. Many of these companies are on the 
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Subscribers should not view information herein as |egal, tax, 
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