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


To: Larry Sallee who wrote (2760)2/18/1998 9:37:00 AM
From: OFW  Read Replies (3) | Respond to of 4276
 
Welcome Back Larry. We've missed you.

You know that I don't know very much about the actual oil part of the company's business. Is the "frac gel" the same as the KH-30 or is it a totally different compound? If different, is the company still using the KH-30? If so, do you have any indication of how KH-30 is producing for them?

Again, welcome back, Larry. I know we've had our differences but, as I've said before, your knowledge of drilling and production is by far the best of anyone on the thread.

Offie



To: Larry Sallee who wrote (2760)2/18/1998 12:29:00 PM
From: Richard L. Williams  Read Replies (1) | Respond to of 4276
 
Thanks, Larry...so, by now, the frac gel should be about pumped out of #3, and the flow for #4 should be known. I smell a press release in the next few days that will give us all the known output for Bigfoot, can you hazard a guess?

I am figuring...around 410bbl/day. That would be a good start. How many more is Oilex planning to drill in Bigfoot, do you know? And any ideas on how much oil they can get out of West Virginia?

Thanks!
Rick