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Microcap & Penny Stocks : OILEX (OLEX)
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To: CHRISTINE who wrote (2586)1/20/1998 10:34:00 AM
From: Omar  Read Replies (3) of 4276
 
Hi Christine

They started the frac job on #3 yesterday and should have it wrapped up by the end of the day. We will then move on to frac # 4, I feel this one will shadow all the others, I say this becasue we feel that we are right on top of the geological structure. Well atleast the production levels should be up when all the infield wells are up and producing. With 2 new swab units and another one in the works, Oilex should reach or exceed it's production goal by the 1 qtr.

Omar
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