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Microcap & Penny Stocks : OILEX (OLEX)

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To: John Rowe who wrote (1856)	12/9/1997 6:27:00 PM
From: OFW	of 4276

Good question, John. The Ray Dirks Research Report of May 13, 1997 gave the following BPD projections for each of the following fields. The figures shown are projections of BPD for each of the 2nd, 3rd and 4th quarters, 1997. Big Foot 408 612 816 Revilo 400 550 900 Walker 340 476 748 Mitchell 136 190 204 Luling 1137 1360 1700 White River .03 .03 .03 Carancahua .75 .75 .75 West Virginia .12 .12 .12 Totals 2299 3189 4369 And these figures don't include Jefferson County (the Wilson leases with wells such as Davis and Gerdes). Not sure what they are producing at this time. And what about Pocahontas and Greenbriar? Hopefully, someone can provide insight into the swabbing projections for the locations cited in the Ray Dirks Research Report as well as Jefferson County. Offie

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