Majestic Oil & Gas, Inc Discovers Wildcat Oil Well in Northern Montana

CUT BANK, Mont., Nov. 19 /PRNewswire-FirstCall/ — Majestic Oil & Gas, Inc (the “Company”), (BULLETIN BOARD: MJOG) a United States Public Company whose securities are qualified for quotation on the Over the Counter Bulletin Board today announced that the Company successfully drilled and ran 4-1/2″ production casing in the Jody Field #4-1 well located in Pondera County, Montana.

This exploration wildcat oil well was drilled in the NENENE-Section 4-T28N-R6W, Pondera County, Montana to a Total Depth of 3,545 feet. The Company made a discovery in the Madison/Sun River Dolomite and encountered 3 separate pay zones. The first pay zone was from 3446′ to 3454′ (8 feet) with porosity of 8% to 10%. The second pay zone was from 3456′ to 3464′ (8 feet) with porosity of 8% to 11%. The third and most prolific zone discovered was from 3466′ to 3488′ (22′) with porosity of 12% to 19%. This is a total discovery of 32 feet in the Madison/Sun River Dolomite. All zones showed excellent resistivity on the array induction tool, good permeability on the micro-log and excellent oil and gas shows throughout the geologic samples. These shows included a strong petroliferous odor, uniformed yellow fluorescence and live light brown oil stains in samples with a strong flowing cut in trichloroethane.

The Company owns a 25% interest in this wildcat oil well and plans to complete the well within the next few weeks.

   MAJESTIC OIL & GAS, INC   “Patrick M. Montalban”    Patrick M. Montalban, Chairman of the Board   President & Chief Executive Officer   

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Majestic Oil & Gas, Inc

CONTACT: Patrick M. Montalban, Chairman of the Board of Majestic Oil &Gas, Inc, +1-406-873-5580, fax, +1-406-873-2835, mjoag@bresnan.net

Web site: http://www.majesticoilandgas.com/