Benz Energy (BZG.V) Message Board

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

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To: Ed Ajootian who wrote (112)	4/1/1999 7:23:00 PM
From: c.d	Read Replies (2) of 272

So much information and so little time to respond. Glad to see you and others asking the tough questions. One issue for me is that although I am not a shareholder, when I pick a stock.. I stay. This would mean that I trust management. Got to get the answers on the floor issue. Those have got to be answered by Exec management. They are material and relative to one making an investment. If Casey or you have this contact. Demand to get an answer. Ed, to answer your question with regard to my oil and gas experience...I have extensive experience and am very familiar with the plays in Mississippi. There is the right time, place and commodity element that is attached to my interest. If these guys are straight, it's a winner. The reservoir systems here in the areas of interest are geo-pressured. If they are savey in their acquisition strategies and don't let others move in and take fields away, if they listen to what their competitors are saying and doing and if they arn't so cocky to greet their shareholders with kindness and appreciation...and honesty, they are destined for less than what all their E&P skills can muster. The reservoir systems in the Gulf Coast region can be very rewardomg as well as dangerous. Hydro-static pressure gradients of approx .4333 psi per foot are a common engineering equation and usual expectation in the mid-continent arena. Mississippi has gradients of .75 to .91 per foot psi in the plays in the Hosston to the Cotton Valley. The players in the 70's didn't have the skills and accessable equipment and sometimes technologies to deal with these types of numbers. These zones are usually broken up to identify which of the areas of the overall objective is productive. These gradient factors play an important role in recoverable reserves since hydrocarbon are compressable. Gas is liquid in highly compressed in this environment. Hence, with usually good reservoir extension in the area of Benz Mississippi activity, in conjunction with constant flow rates and maintaining flowing pressures, maintaining the rates as mentioned is a very good and longterm value. There are then many other questions. This is why you need a valued analyst in the US or Calgary markets taking a look and doing a write-up. Does that help you? No time to proof read.

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