OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Prudent Investor who wrote (2309)	1/8/1998 12:34:00 PM
From: Eric Maggard	Read Replies (1) of 4276

I tried to flame you, but couldn't keep a straight face and bring myself around to complete it. :-) DD, about the Fundamentals: IMO, they are in suspect, because many of the leases were acquired relatively cheaply based on the amount of reserves that they claim. They have been talking about big production coming on anytime now, but they do not have it. I am curious about how many swabbers they currently have and how many more they have on order. I know they ordered 6 or so more in the spring. Do they have them yet? How many more do they have on order? Is that all that is keeping them from producing more? Is drilling new wells the answer? Will that increase production on the current wells? What are the current wells in Big Foot producing? Lots of questions. Eric

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