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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: geoffb_si who wrote (4960)	11/18/2001 1:40:38 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

Hi Geoff, Your in with PXV-t @$.33 for 30,303 shares. Chart for Petrolex Energy Corp: stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20] From the chart of PXV we can see the stock retraced from its recent run-up last week and is now right on the support of it's 20EMA @$.21 The chart indicators are mixed with a bearish bias. Appears this stock needs the expected news soon or it will fall back even farther. Good luck with this pick, Al

To: geoffb_si who wrote (4960)	11/19/2001 9:45:36 AM
From: Al Collard	Read Replies (1) \| Respond to of 11802

PXV-t...looks like your got your news Geoff, good luck to you. :) Petrolex Energy Corp - Halt Trading Petrolex Energy halted at the open Monday Nov 19 2001 Halt Trading Trading has been halted effective at the open on Nov. 19, 2001, pending an announcement. ------------------------------------------------------------ Petrolex Energy Corporation - Proposed Rubiales Sale adviceforinvestors.com

To: geoffb_si who wrote (4960)	11/22/2001 2:53:11 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

PXV-t...in the news: Petrolex Grants Extension on Terms of Proposed Rubiales Sale Transaction VANCOUVER, Nov. 22 /CNW/ - PETROLEX ENERGY CORPORATION ("Petrolex" or the "Company") announces that it has agreed to a request from Auburn Argyle Limited ("Auburn Argyle") to extend the time limit from November 16, 2001 to November 30, 2001 for the execution of a definitive purchase and sale agreement relating to Auburn Argyle's proposed acquisition of all of the shares of Petrolex Colombia Holdings Limited ("Petrolex Colombia") and the deposit of certain funds into escrow. Petrolex Colombia holds, through its subsidiaries, all of the Company's 80% interest in the Rubiales Oilfield in Colombia. The Company has agreed to extend the time limit for execution of the definitive purchase and sale agreement and deposit of US$3,000,000 in escrow to November 30, 2001 and the time limit for depositing the balance of the US$60,000,000 purchase price in escrow to December 10, 2001. As a result of these extensions, the extraordinary general meeting of shareholders of Petrolex to vote on approval of the transaction, which was to be held in Toronto, Ontario on December 27, 2001, will be postponed to the early part of January 2002. Further details of progress on this proposed transaction and the date of the extraordinary general meeting of shareholders will be announced by the Company once they are available. By Order of the Board PETROLEX ENERGY CORPORATION "John M. Dahlen" John M. Dahlen President and Chief Executive Officer