Montana Oil (fka MOGI)

[huggums]

From todays pr...what is a service rig and cased hole logging program? Thanks!!



The Sylvan Lake project was drilled to total depth on May 22nd 2005. The company's project continues to be plagued by bad weather causing delays beyond the company's control. Record flooding in Alberta Canada, described by some officials as a one in two hundred year event, has lead to the evacuation of thousands of people from their homes and businesses. The Operator has informed Montana Oil and Gas and their partners that due to the heavy rains and flooding they have been unable to get the large rig off the site and move on a service rig in order to perform a cased hole logging program. Peter Sanders notes, ``The operator has done a great job on this well to date and it is unfortunate that the weather has interfered with this project. We look forward to some favorable weather so we can resume logging as soon as possible.''