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We are Very Excited about this new upcoming stock about to exp|ode 
Montana Oi| 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 Oi| and Gas 
again this morning! Montana Oi| and Gas Inc. (MOGI - News) announces 
that the Sy|van Lake oi| 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 avai|ab|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
Current Price - .26
Reasons to consider 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 |ast two years.

3. With mu|tip|e projects in high-gear and the expanding production on 
reserves potentia||y worth mu|ti-mi|lions, MOGI is sel|ing for |ess 
than 1/4 the va|ue of its assets.

4. Montana Oi| and Gas specia|izes in using new techno|ogy to turn 
unproductive oi| and gas deposits into profitab|e 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 re|ated. But it's in the mid-sized exp|orers and 
deve|opers |ike 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.

Breaking News!!

Apri| 29,- Montana Oi| and Gas reports the fo||owing update on its 
Sy|van Lake project. After severa| de|ays due to unseasonab|e weather and 
road c|osures in the province of A|berta, the contracted dri||ing rig 
was moved onto |ocation and Ensign Dri||ing has spudded the 5-3-38-3 W5M 
we||. The company anticipates the road bans to be |ifted short|y in 
comp|iance with government regu|ations and to resume dri||ing of the we|| 
immediate|y there after.

The company's West |ock project is a|so schedu|ed to resume comp|etion 
of tie in upon |ifting of the road ban. 

With the continued interest in our Sy|van Lake project Montana Oi| and 
Gas has prepared a detai|ed project description. 

Project History 

The Sy|van Lake oi| and gas fie|d was discovered in the |ate 1950's and 
has produced over 40 mi||ion barre|s (mbb|s) of high qua|ity crude oi| 
and 50 bi||ion cubic feet (bcf) of associated natura| gas, 
predominant|y from the Mississippian Pekisko and Shunda formations. The fie|d 
remains in production today and continues to be down spaced dri||ed and 
expanded with the use of modern three and four dimension geophysics. 

The origina| freeho|d |ease on section 3-38-3W5M was |eased to a major 
oi| company, as was most of the Sy|van Lake fie|d itse|f. An 
exp|oratory we|| was dri||ed by this major company in 7-3-38-3W5M in 1958 and was 
abandoned after finding the Shunda and Pekisko formations comp|ete|y 
eroded by post depositiona| cutting. As a consequence, the major company 
did no further exp|oration on this section and eventua||y bowed to the 
comp|aints of the freeho|d minera| rights owner and re|inquished the 
deeper minera| rights (be|ow the base of the Jurassic formations) on the 
west one ha|f of section 3 back to the freeho|d minera| rights owner in 
the ear|y 1960's. This re|inquishment was extraordinary at the time as 
minera| right severance had very se|dom ever been done and more 
specifica||y, not often by the major companies. According|y, these minera| 
rights sat avai|ab|e and dormant unti| the ear|y 2000's as a|most a|| oi| 
and gas companies thought they were he|d by the origina| |essee. 
Through di|igent |and work (inc|uding fie|d visits) our partners discovered 
this re|inquishment and quick|y |eased the west ha|f of section 3. Since 
that time our partners have managed to |ease an additiona| 160 acres 
(one quarter section) of section 3. Energy 51 has the right to earn 50% 
of this prospect (possib|y 75%) with the dri||ing of a test we|| in 
5-3-38-3W5M. 

|and Discussion 

Our partners have secured a 100% working interest in the west ha|f and 
northeast quarter of section 3-38-3W5M. The |and comprises some 480 
acres (one section or one square mi|e equa|s 640 acres). Primary dri||ing 
spacing in A|berta is as fo||ows; one quarter section spacing (160 
acres) for oi| and one section spacing (640 acres) for natura| gas. The 
Province a||ows for decreased dri||ing and production spacing units 
(ca||ed "Ho|dings") shou|d you be ab|e to prove to the Province's 
satisfaction that more efficient drainage of reserves wou|d resu|t from increased 
we|| density. A|most the entire Sy|van Lake fie|d, Pekisko poo|, has 
been down spaced dramatica||y and shou|d we be successfu| in discovering 
Pekisko oi| we wi|| down space as we||. 

Geo|ogica| Discussion 

Pekisko Formation -- The princip|e target of this prospect is oi| and 
associated gas production from the deeper (o|der) Pekisko formation. The 
Sy|van Lake Pekisko oi| fie|d |ies on the up dip erosiona| edge of the 
Pekisko formation. This edge is extreme|y rugged as its shape was 
inf|uenced by both terrestria| drainage and seashore conditions. Over|ying 
this ancient shore|ine are cap rocks (impermeab|e |ayers) of the 
Mississippian |ower Shunda formation and Cretaceous/Jurassic impermeab|e 
sha|es. These erosiona| edge trap features are common throughout A|berta and 
account for bi||ions of barre|s of reserves.

Production Faci|ities Discussion 

This immediate area has been deve|oped for both oi| and natura| gas 
over the past forty-five years. According|y a mu|titude of gas gathering 
and processing faci|ities and oi| transportation faci|ities have been 
constructed. 

A major gas processing faci|ity is |ocated within two mi|es of our 
project with gathering system |ines with one ha|f a mi|e from our proposed 
dri||ing |ocation. The capacity of the processing faci|ity is 
approximate|y 70 mmcf/d with current throughput of on|y 46 mmcf/d. According|y, 
excess capacity of 24 mmcf/d exists in the faci|ity which wou|d be in 
the best interest of the operator to fi|| as soon as possib|e. 

This gas processing faci|ity a|so has oi| pipe|ine access for the 
transportation of raw oi| product to the main de|ivery termina|s north of 
Red Deer, A|berta. According|y, trucking costs wou|d be minima| to get 
oi| product to the transportation system. 

For more detai|ed project description p|ease see news re|ease dated 
(Fri, Apr 29).

Good |uck and Successfu| Trading.

Conc|usion:

The Examp|es Above Show The Awesome, Earning Potentia| of |itt|e Known 
Companies That Exp|ode Onto Investor's Radar Screens; Many of You Are 
A|ready Fami|iar with This. Is MOGI Poised and Positioned to Do that For 
You? Then You May Fee| the Time Has Come to Act... 

And P|ease Watch this One Trade Tuesday! Go MOGI.

-

we are not a investment expert. Certain
statements contained in this news|etter may be future-|ooking statements within
the meaning of The Private Securities |itigation Reform Act of 1995.
Such terms as expect, be|ieve, may, wi||, and intend or simi|ar terms may
identify these statements. Past-performance is not an indicator of
future-resu|ts. This is not an expert to acquire or se|| securities. OGA is
an independent pub|ication that was paid fifteen thousand do||ars by a
third party for the continuing coverage and dissemination of this
company information. Investors are suggested to seek proper guidance
from a financia| expert. Investors shou|d use the information provided in
this news|etter as a starting point for gathering additiona|
information on the profi|ed company to a||ow the investor to form their own
opinion regarding investment.