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


To: Ed Ajootian who wrote (39)11/4/1998 11:00:00 PM
From: Ed Ajootian  Respond to of 272
 
"We believe North American natural gas prices will substantially outperform oil prices in the years ahead. Our positive view on natural gas prices is based primarily on projected increases in gas consumption for electrical generation resulting from new plant construction and conversion of existing nuclear plants, together with the industry's demonstrated inability to increase gas supply by meaningful amounts. We believe there is only a small likelihood of significant U.S. gas supply increases occurring in the next few years, especially in light of greatly reduced capital flows into the industry, a 40% decline in North American drilling rig utilization for gas wells, and a steepening of Gulf Coast and Canadian decline curves. Therefore, we believe the stage is set for natural gas producers to lead the energy industry in the year 2000 and beyond. We have positioned Chesapeake to take advantage of this gathering strength in the North American natural gas market."

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Hear-hear! Above is from the 3Q Chesapeake Energy release. My man Aubrey is leadin' the charge.

Benz is like a mini CHK. Its huge debt gives it massive leverage to increased gas prices. Prentis oughta plaigerize Aubrey in his 3Q release too. You can substitute Benz for Chesapeake in the above and it makes just as much sense. Hear that Mark?