Benz Energy (BZG.V) Message Board

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

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To: Casey who wrote (115)	4/1/1999 10:09:00 AM
From: Ed Ajootian	Read Replies (1) of 272

Casey, Most of the wells haven't been producing long enough to have to factor in decline rates. The Byrd is the only one that this could apply to, but as you can see from the chart showing the flow rates of the Byrd that is on the Benz web site (http://www.benzenergy.com/html/oakvale.html), that baby through January was chugging along at a solid 10,000 mcf a day, while still basically maintaining the tubing pressure. These Gulf of Mexico wells typically have relatively stable decline rates. Call or e-mail Mark and see what he thinks about my estimates.

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