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Microcap & Penny Stocks : OILEX (OLEX)
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To: Larry Sallee who wrote (2221)1/2/1998 11:09:00 PM
From: CHRISTINE  Read Replies (1) of 4276
 
Hi Larry, I agree with you. With these being existing wells in Luling,
and the swabbers in place, they can produce more oil at a low cost to the company.This could provide some added and steady revenues. Do you know how many swabbing units are there now ? I hope more than two or three. I'd be interested in the locations of the units at Luling and other land sites.This would give us some idea of where to expect oil production to increase. As you have posted previously, you are being conservative at 7 bbrls per well, would give us 1,575 bbrls per week, This would truely awaken this sleeper.

PS: Your independent DD is very much appreciated

Hope you had a nice holiday.

Christine
BTW it was a good day for all of us. SO GLAD I AVERAGED DOWN TO .O32

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