BENCHMARK ENERGY - Hammernews kurz vor knapp - $$$$$$$$$$$$$$$$$$$$ - 500 Beiträge pro Seite

[IIBI]

Benchmark Energy Corp
Symbol BEE
Shares Issued 16,046,831
Close 2006-05-19 C$ 0.80
Recent Sedar Documents



Benchmark Energy seeks new projects in Indonesia


2006-05-23 15:38 ET - News Release

Mr. David Harrison reports

BENCHMARK ANNOUNCES CORPORATE UPDATE - PURSUING NEW PROJECTS IN TUNISIA, NIGERIA, AND INDONESIA

Benchmark Energy Corp. is making progress toward the acquisition of additional marginal oil and gas field interests internationally. The company's efforts continue to be focused on opportunities in Tunisia, Nigeria and now in Indonesia.

Tunisia

Benchmark is completing formal due diligence toward the possible acquisition of additional marginal field interests in Tunisia and is hopeful of disclosing significant developments in the near future.

The company currently holds a one-third interest in the offshore Cosmos field located in the gulf of Hammamet. The concession is large with near-term development potential as well as significant exploration possibilities. It is estimated that there are between seven million and 10 million gross recoverable barrels (2.3 million to 3.5 million net to Benchmark) in the field on the existing structures that have been identified and tested.

Nigeria

The company has commenced formal due diligence on two possible marginal field acquisitions in Nigeria. Further information will be provided to Benchmark's shareholders in the near future.

Indonesia

Benchmark has entered into an exclusive arrangement for an initial 12-month period with a local Indonesian group whereby the group will seek out and present to the company marginal oil and gas field opportunities in Indonesia. As part of the arrangement, Benchmark has advanced $200,000 (U.S.) to the Indonesian group.

The company has already initiated due diligence on the first three marginal field opportunities in Indonesia that have been presented to Benchmark. Of these projects, one is an onshore marginal field with estimated gross proved and probable recoverable reserves of approximately 10 million barrels of oil and 27 billion cubic feet of gas, and with three wells having already been drilled but not yet on production. The other project consists of two fields, one onshore and one offshore, with total estimated gross proved and probable recoverable reserves of approximately 33 million barrels; the onshore field includes 19 existing wells and a small amount of existing production. The company will continue to provide further updates on these projects as new information becomes available.

We seek Safe Harbor.

[IIBI]

mal sehen was morgen passiert!!!!

Die Kanadier konnten nicht mehr richtig reagiern, da die Meldung sehr knapp vor Börsenschluß kam!!!


Gruß

IIBI

[maxeddi]

...22 minuten ist ja echt kurz...

und was ist mal kurz gefragt, hammer bei diesen news??

u
p
d
a