OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: John Boluyt who wrote (698)	1/16/1997 4:50:00 PM
From: Larry Sallee	of 4276

John- things are going well. 20% of ORSI will be a money saver and maker for OLEX-we should see the number of barrels per day go up fast now. With volume of 484,000 today on a big gain- I hope to see more information out of the Company.We have a lot to look foreward to in the next few months- first will be more income then Xeric will re-enter the well at white river dome (3%) and IMHO start the gravy train headed to West Va. and 12% royalties there. Big Foot is still my hold for the biggest suprise of the year but scurry has a lot of potential beyond the wells now pumping. I can't find too much on the Walker Queen field yet. One of the ways to keep up on this is to go to www.lasser.com and check the texas county production and pick up the www pages of the producers in the County to see what they are into and upto>PS you don't order 7 swabbing units for 97 unless you have some oil to get. Maybe we will see OILEX trucks rolling along;) larry

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