OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Ajay who wrote (2163)	12/24/1997 2:32:00 PM
From: straight life	Read Replies (1) of 4276

"...and we can actually concentrate on the oil production." What oil production is that? My understanding, from reading Omar and the baron, is that even though this company has no debt and many oil (laden? producing? phantom?) properties and only 4 employees, is that it would quickly go out of business were it not for the largess of its "consultant", Allen Burditt II. That tells me that there is little to no oil production because, (reading between the lines) if there's no debt and only 4 employees, how much production do you need to stay in business??? Understand me here; I WOULD like to hear MUCH more about production... wasn't Larry Sallee talking only a month ago about ...was it nine drilled wells by new year? Anyway, if anyone would like to comment about production as of TODAY as compared to last month or Australian (no more weather bs; it's balmy summer there) royalty payments: I'm all ears.

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