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Microcap & Penny Stocks : OILEX (OLEX)

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To: Eric Maggard who wrote (813)2/11/1997 9:26:00 PM
From: Larry Sallee   of 4276
 
Thanks so much Eric- I think something is up-I called the Company to see if there was a news release today that I missed but was told no and that everyone was out for a few days. There are several spots good news could come from right now but I would think they are getting ready to drill in Big Foot soon. The next pay areas they are going to explore are not so very much deeper than the existing wells and without pumps etc. in the way is is easy to start going to a new depth. The last news release hinted about this and if we are to get to 3000 bbls a day by the end of July things need to get underway:) Larry
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