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Microcap & Penny Stocks : Benz Energy (BZG.V)

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To: SnakeInATuxedo who wrote (253)3/13/2000 8:24:00 AM
From: Ed Ajootian   of 272
 
CL,

I believe it could be anyone, not just folks doing work in the Mississippi salt domes. If Miller Exploration (MEXP) ever gets its financial act together they would be the best fit since they do a lot in Mississippi now. But even a Fortune Petroleum (FPXA) or a Texoil (TXLI) would be interested, I would bet, in order to geographically diversify their portfolio of properties.

Realistically we are still probably at least 3 months away from any serious acquisitions. I would think they would have to drill one more Oakvale Dome well after the current one, and therefore have enough cash flow so it would not be dilutive to the acquirer, after taking on all the Benz debt.
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