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Microcap & Penny Stocks : OILEX (OLEX)

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To: OFW who wrote (3465)6/13/1998 3:57:00 PM
From: Steve  Read Replies (1) of 4276
 
Let me be perfectly clear here: Offie is trying to make a case for where Bill Bennett gained his expertise in production swabbing:

Here are the facts:

1) Production swabbing is less than 10 years old as a technology.

2) Swabbing is something that has always been done on oil and gas wells, in completing a well i.e., bringing it into production and to clean parafins out of the well bore.

3) Klaeger and Titan manufacture swabbing units that regularly break down in the field and have other production and design drawbacks.

4) ORS under Bennett has taken all of the prior art of production swabbing and perfected it so that it is now a more economic and more reliable means of production.

What Offie is trying to do, in calling Bennett's expertise into question, is to cast doubt on the whole process of swabbing. His theory is if one angle of attack doesn't work then launch another.

This is a typical Offie pattern of behavior.
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