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Microcap & Penny Stocks : OILEX (OLEX)
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To: Prudent Investor who wrote (1339)8/17/1997 11:59:00 PM
From: Larry Sallee   of 4276
 
I guess I only want to address the Australian royalty purchase and ask you to go read past postings on the Comany history, Big foot field and swabbing. The Australian pruchase is a royalty purchase on existing and producing wells plus rights to any new wells drilled in the next 20 years on the 35 million acre+ properties. As I understand this there are no other funds required to hold and recieve income. Larry1702
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