Considered here is a model equation put forward by Benjamin that governs ap
proximately the evolution of waves on the interface of a two-fluid system i
n which surface-tension effects cannot be ignored. Our principal focus is t
he traveling-wave solutions called solitary waves, and three aspects will b
e investigated. A constructive proof of the existence of these waves togeth
er with a proof of their stability is developed. Continuation methods are u
sed to generate a scheme capable of numerically approximating these solitar
y waves. The computer-generated approximations reveal detailed aspects of t
he structure of these waves. They are symmetric about their crests, but unl
ike the classical Korteweg0de Vries solitary waves, they feature a finite n
umber of oscillations. The derivation of the equation is also revisited to
get an idea of whether or not these oscillatory waves might actually occur
in a natural setting.