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Microcap & Penny Stocks : OILEX (OLEX)
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To: Steven Taylor who wrote (3728)7/18/1998 11:32:00 AM
From: Steve   of 4276
 
Yarmack is saying what I said all along, Oilex is an oil company and it is producing oil. His mumbling about management is just so much noise to make the little shareholder feel good and hold on to those shares. If someone is beating up on Oilex's current management the stupid shareholders on this thread and elsewhere are happy as pigs in s**t. As to management skills in the oil patch Yarmack has none.

Fractured casing or cracked casing is how it was explained to me. And I am well aware of the many variables considered to bring a well into production or just abandon it and what lifting method to use and why. Swabbing is just one of many techniques to make stripper wells and marginal wells economic I have never claimed differently, however, it may be the best method for most formations with wells shallower than 6,000 ft. Pump jacks and other lifting methods for stripper wells and marginal wells cost far more in operating costs than an ORS portable swabber does.
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