OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: jamess who wrote (1888)	12/11/1997 3:29:00 PM
From: Larry Sallee	Read Replies (1) of 4276

Jamess- what I think this means is that this well is tapping into new oil, under pressure and holding that pressure. The well is not pushing oil over into the nearby original wells area already pumped in the field as pressure is also riseing. I hope that means we could get as much now as when the field was originaly drilled- somewhere between 80 and 150 bbrls. If all this proves true in the other wells, it dosen't take much to figure, we have a lot more wells to drill. Right now I am sifting through two years of papers, URLlists and notes on all this- I'm not an expert by any means I have only research this on my own- a lot that I found I shared here so you can go back and pick up quite a bit. Larry

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