Alaska Oil & Gas Ltd (fka AKOL)

[rbtree]

Mancini lied again, and was called out..

by FWOG company rep. When confronted with his lies, he agreed to put out news next week disavowing previous inaccurate claims. If this does not happen, FWOG may have to pursue legal actions.
This anyone can confirm by contacting Fowler. Their website and phone number can be found at pinksheets.com.

Basically, what transpired was this: The two companies entered into a letter of intent whereby Mancini's company, then FOGL, would provide $7.5 mm in financing. Only problem is, this was May 4 of last year, and nothing further was heard from them, says Fowler rep.

Here's what he sent to someone in response, copied from RB:

"EMAIL FROM AKOL CEO!!!

----- Original Message -----
From: robert needham
Sent: Friday, April 01, 2005 5:14 AM
Subject: Re: Fowler Oil & Gas


Sir,

We have signed documentation from Fowler and have been waiting for additional due diligence from them on their properties.

We have also been doing our own work in regard to acquisition of properties.

We will be making an annoucement next week in regard to Fowler.

M. Mancini


----- Original Message ----
To: [e-mail]
Subject: Fowler Oil & Gas
Date: Thu, 31 Mar 2005 22:37:53 -0500



This email is being passed around the internet.
Is this true?

Thanks,
Adam Ruehl - AKOL shareholder

Fowler Oil & Gas Corporation & Fowler Oil & Gas LLC


San Diego

March 28, 2005



Alaska Oil & Gas Ltd, in press releases and on their website, have
referenced a joint venture relationship with Fowler Oil & Gas. Robert
Fowler, President of Fowler Oil & Gas, would like to clarify that there is
not any joint venture relationship in place with Alaska Oil & Gas Ltd.



While Fowler Oil & Gas encourages inquiries from potential joint venture
partners, we do not have any such agreements in place. We have conducted
discussions with Alaska Oil & Gas Ltd. in the past, but no joint venture
agreement was ever reached and we are not currently conducting any talks
with Alaska Oil & Gas Ltd.



We are an Oil & Gas company with a primary focus on the Cook Inlet Basin in
Alaska. We currently own a large property in the Cook Inlet Basin which is
located on a coal bed and have the option to lease additional acreage within
the basin.

With the U.S Government's current agenda on the Alaskan energy resources,
we're confident that we will succeed in procuring the financing needed to
take these projects forward and develop the Fowler Oil & Gas properties.

The company has received offers and proposals from a few investment banks,
investment firms as well as private investment groups and is currently
reviewing such proposals to determine the best financial structure that
would not only benefit the company, but also help preserve shareholder
value.

Fowler Oil & Gas is currently concluding phase two of the company plan of
action. Once this phase of financing is concluded, the company plans to
disseminate several press releases informing the public of its developments
and continue its ongoing responsibility to keep investors and shareholders
informed on our developments.

Fowler Oil & Gas