SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : OILEX (OLEX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zonkie who wrote (3407)6/8/1998 5:18:00 PM
From: Steve  Read Replies (1) of 4276
 
I talk to the company and ask what current production is. I also call the RRC and ask about particular leases to gauge what is going on. Currently the RRC has numbers through March the most recent months haven't yet been input by the RRC. A preliminary look at production at selected leases Oilex is producing 142% to 300% above 1997 rates. In 1997 Oilex produced 54 barrels a day. Right now Oilex is producing at a rate of 500% above 1997 rates overall. Oilex has added leases to its production mix and production is up at most existing leases. You can go on-line at

rrc.state.tx.us

and look for the link to the ACTI project. There you will get production numbers for 1996 and 1997, 1998 numbers will be loaded later this year. Oilex's operator number is 620720.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News