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Microcap & Penny Stocks : OILEX (OLEX)
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To: Steven Taylor who wrote (3712)7/16/1998 2:33:00 PM
From: Steve  Read Replies (2) of 4276
 
Taylor you know so little about swabbing it is really pathetic. Swabbing stimulates the formation unlike traditional pumping methods. Without swabbing there would have not been as much production therefore there is no lost production. Your arguments are lame at best. Production Engineers have evaluated swabbing as a production method at Oilex properties and deemed it appropriate and economic.

Also, with swabbing there is reduced water production, paraffin build-up and certainly no sucker rod failure, pump failure or any need for a work over rig. Maintenance and operating costs annually at an oil well in West Texas runs around $15,000 per well. Swabbing cuts that by half or more.
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