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Microcap & Penny Stocks : OILEX (OLEX)

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To: CHRISTINE who wrote (3690)	7/13/1998 1:38:00 AM
From: Steven Taylor	Read Replies (2) of 4276

Christine, Thanks for the report. It is interesting and insightful. Some questions if you don't mind. Once Mr Yarmak obtains a seat on the board , does he have any changes in mind to upgrade the present management style and bring these fields into constant production with good supervision. Will the other board members allow him to suggest competent field managers and use his recommendations. What is the time frame on the leases in WV and Colorado. Are the royalty interests overrides or net, and if they are net, what is OLEX's working interest percentage. I know this is probably more detailed than the information he has previously given out, but if you could relay these questions to him< I would greatly appreciate it as it would bring a fuller picture to this story. Thanks for your posts keeping us informed on what is going on. SteveT

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