John,
Don't fall asleep on me now buddy, the action's just gettin' rollin'!
Got a fax from the co. today announcing an "unprecedented conference call" (sic), to "discuss currently unannounced results, new developments, and upcoming events that will significantly impact the Company". The call is on Thursday at 11 am CST.
Based on the lack of a market response to the fax (which got out before the market closed today I believe) it looks like folks are gonna wait until they hear what Prentis has to say before buying into this hype.
Due to work requirements I don't think I'll be able to listen in on the original call. If anyone else is interested and so inclined, give Mark Kahil a call at 713-739-0351 and get the number for the conference call from him. He didn't want me to post it up here so as to keep the riffraff out. Tell him you're a cyberbuddy of mine and that you are sitting in for me & the rest of the throngs of Benz fans here at SI, to whom you will duly issue a report on this thread as soon as the call is over. Tell him you're all set to buy 20 -- 30,000 shares of this thing if the news is really good.
We should get the flow results of the Howell well on Thursday. Also, folks should note that companies (especially cash-poor ones such as Benz) do not typically go through the time and expense of putting on one of these gigs unless they have something truly important to say. In other words I believe we'll be finding out something more than just how many mcf of gas the Howell well flowed at.
If Mark were a true superstar he would record the conference call, get it transcribed, and then post a transcript of it up on the Benz website. I've seen several other companies do this.
BTW, the Fortenberry well is drilling ahead after having had intermediate casing set down to about 12,800 feet. That should hit TD by month-end. So any good news announced on Thursday should not invoke too much selling since there is more good news right around the corner. |
