VANCOUVER, B.C., Canada, Sept. 1, 2004 (PRIMEZONE) -- Montana Oil & Gas (Pink Sheets:MOGI) President Peter Sanders announced today that Montana Oil and Gas Inc. is a featured company interviewed by CEOcast. The interview with Mr. Sanders and his management consultant Steve McGuire can be seen at http://www.ceocast.com.
CEOcast is the premier source of CEO Interviews in the world, with programming distributed to millions of on-line investors at over 700 financial web sites as well as to more than 20,000 portfolio managers, buy-side analysts and traders at more than 3,300 North American institutions. Content is also disseminated to over 7,000 investment research professionals representing over 425 institutions.
Montana Oil and Gas is a company that is poised to take advantage of the current market pricing of oil and gas, which has created new opportunities to bring online proven undeveloped reserves, with very little downside risk to the company. The company's primary operating philosophy is to develop low risk, high yield, under developed oil and gas reserves utilizing the most current technology available.
Montana Oil and Gas has engaged Energy 51 Inc., a private company of high-caliber; veteran oil and gas technical experts who contract, on an exclusive proprietary basis, their expertise with oil and gas exploration companies focused on rigorous and thorough professional development policies.
Montana Oil and Gas is determined to capitalize on the global energy demand by focusing on projects in Alberta, Canada. With a proven 1.7 Billion in reserves, Canada is second only to Saudi Arabia in the ranking of oil rich states, (ahead of Iraq, Iran and Kuwait -- source U.S. department of Energy) This approach will enable the company to capitalize upon previously discovered and proven producing properties with known reserves that have not been completely exploited due to economic conditions.
The Montana Oil & Gas, Inc. company logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1119
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.