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Microcap & Penny Stocks : Benz Energy (BZG.V) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (9)	10/19/1998 6:19:00 PM
From: Flea	Read Replies (1) \| Respond to of 272

Hi Ed, I've followed BZG off and on for a few months...I've never taken the plunge. It's actually been off my watch list for a few months but something made me check today - I almost fell off my chair. I also noticed that there was a news release dated Oct.13, of which you've probably heard...here it is since no one else posted it: 308% increase in daily production at Oak Hill field Benz Energy Ltd BZG Shares issued 34,130,683 1998-10-09 close $0.65 Tuesday Oct 13 1998 Mr. Ernest LaFlure reports Daily production has increased 308 per cent from 1.7 mmcfe to 5.2 mmcfe at the company's Oak Hill field in Gregg and Rusk Counties, Texas. The company recompleted and fracture stimulated a total of 11 zones in six wells to increase production levels from their original daily rate in January when the field was purchased. This production increase corresponds to an increase in net revenues of approximately $128,000 per month. Benz operates the field and owns an average 89 per cent working interest. The company expects to further increase production later this month by co-mingling several zones. WARNING: The company relies on litigation protection for "forward-looking" statements. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com Good luck with it, Ed...I'm tied up with another Busby play (V.SOG) at the moment but will keep an eye on this just the same. Regards