Market Wisdom:    Beware of the Media!  Especially Market Related News Programs.  Today's Media is synonymous with "Ratings".  Ratings translate into advertising dollars.  Don't be a victim.  Ignore the hype.                                      ---BBB                        First Notice: Mark your calendar to join us tonight from 6pm - 9pm, July 17 at Windows on the Green* of the The Phoenician Resort located at 6000 East Camelback Road, Scottsdale, AZ.                                 My Special Guest this week is Mr. Craig Denton, President of Oasis Oil & Gas Company.           Craig Denton   To contact Craig:                Office Phone:             480-563-3277         Mobile Phone:           602-509-6196         E-Mail Address:        craigdenton1@cox.net   When you talk to Craig Denton you are talking about "awl".  That's "oil" to most of us unsophisticated folks.  Craig Denton is a third generation  awl man with wildcatting in his genes.   His company, Oasis Oil & Gas,  is what is known in the industry as an independent oil company.  This  family run business is headed up by Craig and his brother Rance Denton and they have recently welcomed aboard Craig's nephew, Nathan, who represents the Denton's fourth generation!     The four Denton Brothers built and operated a $30 million dollar drilling company in the 70's and 80's.  Starting in their teens in Wyoming the Denton's have drilled or completed more than 400 wells in the past 35 years.    A family business, it's in their genes!   Today Oasis has accumulated over 10,000 acres of prime oil and gas property in North Texas in what is known as the Barnett Shale Formation.  This property is considered one of the hottest oil and gas areas in the United States and leases are next to impossible to acquire.  These leases are in a proven production area that was discovered by Mitchell Energy - which was recently purchase by Devon Petroleum for 2 billion dollars.  There have been over 700 wells drilled in the Barnett Shale Formation without a dry hole!   Oil and Gas exploration still enjoys major tax benefits (approximately 90%) and Oasis Oil & Gas is now planning a major drilling project in the Barnett Shale Formation.  If you know someone who feels like doing a little "wildcatting" in a relatively safe area be sure to come out and meet Craig and talk "awl".   Oil may be nearing it's twilight but we still need it.  We need to drill and pump until alternative, renewable, environmentally friendly energy sources are more fully developed.  The alternative is to keep shipping our cash overseas to often less than friendly countries and individuals.**      It is with great pleasure that, Mr. Craig Denton, President of Oasis Oil & Gas Company will be my Special Guests this week.   Please plan on joining us to socialize and meet new friends! BBB   PS. Mark Conroy will be on the key board for us.    * Windows on the Green is found by turning right at the guard gate and above the Golf Pro Shop.  Ample parking is located just past and around the corner from Windows on the Green.   **Work over Rig Count in North America (work on existing wells) is down 16% through June of this year from the end of June last year.  See http://www.bakerhughes.com/investor/rig/pdf/Workover%20Rigs.pdf  for details.     **Total drilling rig count in 1981 was approximately 8,500 whereas today it stands around 750!