Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?

To: jamess who wrote (1888)	12/11/1997 2:52:00 PM
From: FARRIS	Read Replies (4) \| Respond to of 4276

I am going to jump in on this. I own a couple of shares of this one myself. I think it is great that we might have some oil around here -- given the name of the company and all. Baron, you are truly avoiding the posts of Prudent and Offie and that is coming from a lurker who is not too worried about the fact that he has lost over 50% of his overall investment. I am in public relations myself and not responding to these guys will not make them go away. This is not a newpaper that forgets quickly. They have more than peaked my curiosity. I would like some answers to their questions. I must say that I could and may well drop the share price a penny or two if they do not get those answers shortly. All the oil in the world will not help the share price of a company that is set up for one man's benefit -- I have much experience in this. This company has screwed average shareholders over and over -- that is clear. Why should anyone believe that is going to change? Maybe Prudent and Offie will each repost their questions so you can answer them. Or perhaps you can get the principals in question on here to tell us the deal. In writing, soon, or I will leave as many others have done lately.

To: jamess who wrote (1888)	12/11/1997 3:29:00 PM
From: Larry Sallee	Read Replies (1) \| Respond to of 4276

Jamess- what I think this means is that this well is tapping into new oil, under pressure and holding that pressure. The well is not pushing oil over into the nearby original wells area already pumped in the field as pressure is also riseing. I hope that means we could get as much now as when the field was originaly drilled- somewhere between 80 and 150 bbrls. If all this proves true in the other wells, it dosen't take much to figure, we have a lot more wells to drill. Right now I am sifting through two years of papers, URLlists and notes on all this- I'm not an expert by any means I have only research this on my own- a lot that I found I shared here so you can go back and pick up quite a bit. Larry