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Microcap & Penny Stocks : OILEX (OLEX)

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To: Steve who wrote (3314)5/19/1998 4:11:00 PM
From: Richard L. Williams  Read Replies (1) of 4276
 
Steve--
Thanks for the table. These are some surprisingly high numbers for some of these wells, unless I am misinterpreting the data. Do I correctly read that Big Foot #1 (Biediger, Ferdinand) is producing 3,089bbl of oil and 2,333mcf of natural gas? If so, what is the time frame for that production, a month, a week, a year?

Also, the Revilo/Glorieta unit produces 5,373bbl oil? That's a nice number, why have we not heard of this site before?

Also, curious...why do most wells seem to have a person's name attached to them? Are these the people that put the most into the drilling of the well? Or those whose land it is on?

Thanks for the info, Steve!

Cheers!
Rick
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