Five and Under

[ToshacH]

BSIC .15 x .18 I only have 15k bought at .19/.18 and .13

Profile: http://biz.yahoo.com/p/b/bsic.ob.html

Looks like it may go, the company is a gem Oil and Gas with EPS of .04 cents for 9 months ended.

Basic Earth Reports Record 3rd Quarter Results

DENVER, Feb. 14 /PRNewswire/ -- Basic Earth Science Systems, Inc. (Basic) (OTC
Bulletin Board: BSIC - news) reported net income of $274,000, approximately one and seven tenths of a cent ($0.017) per
share, on oil and gas sales revenue of $764,000, for the quarter ended December 31, 2000 (2000). For the quarter ended
December 31, 1999 (1999), the Company reported net income of $20,000, approximately one-tenth of a cent ($0.001) per
share, on oil and gas sales revenue of $539,000. The $225,000 (42%) increase in sales revenue was due primarily to an
increase in oil prices.

Ray Singleton, President of Basic, commented, ``We are pleased to report that this is the highest quarterly income the
Company has reported since the current management team took over in 1993. While certainly oil prices have aided in these
results, the Company continues to move forward in restoring production, enhancing growth and controlling costs. Responding
to increasing competition in the acquisition of producing properties and Basic's strengthening balance sheet, the Company
anticipates modifying its approach, on a limited basis, to include exposure to drilling opportunities. While we focus on these new
opportunities, we do not intend to neglect the strategies that got us here.''

Basic is an oil and gas exploration and production company with primary operations in south Texas and the Williston basin.
Basic is traded ``over-the- counter'' under the symbol BSIC.

Information herein contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995, which can be identified by words such as ``should,'' ``may,'' ``will,'' ``anticipate,'' ``estimate,'' ``intend'' or ``continue,'' or
comparable words. In addition, all statements other than statements of historical facts that address activities that Basic intends,
expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the SEC
reports of Basic, particularly the Company's Quarterly Report on Form 10-QSB for the quarters ended June 30, 2000 and
September 30, 2000 and its Annual Report on Form 10-KSB for the Fiscal Year Ended March 31, 2000, for meaningful
cautionary language disclosing why actual results may vary materially from those anticipated by management.

Financial Highlights

Nine Months Ended Quarter Ended
December 31 December 31
2000 1999 2000 1999
Revenue $ 2,170,000 $1,464,000 $ 770,000 $551,000
Net Income 587,000 177,000 274,000 20,000
Net Income
per share, basic 0.036 0.011 0.017 0.001
Net Income
per share, diluted 0.035 0.011 0.016 0.001

Weighted average
number of shares
outstanding,
basic 16,530,487 16,530,487 16,530,487 16,530,487
Weighted average
number of shares
outstanding,
diluted 16,731,534 16,540,541 16,713,863 16,549,470

SOURCE: Basic Earth Science Systems, Inc.

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