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

To: Richard L. Williams who wrote (2915)	3/8/1998 5:22:00 PM
From: Steven Taylor	Respond to of 4276

Well in a way it's not that hard to believe we haven't heard anything about production from these wells. Oil companies rarely advertise cumulative production from wells as to not let competitors know to much about the area. The oil business is very cutthroat. Generally you only release information you have to. I will try to find out the cumulative production to date on Monday. Initial production rates are nice, but the cumulative production and reserves are the key. I will let you know if the cum. prod. and the initial prod. rates fairly match. When they released the initial rates, that means they have done the state mandatory flow testing and submitted the paperwork for approval and assignment. I wish I could say different but it does take time. Believe it or not, the oil field is a lot more stressful than the stocks. Operates on the old saying of"hurry up and wait". Let you know as soon as I find out anything. SteveT

To: Richard L. Williams who wrote (2915)	3/9/1998 8:50:00 AM
From: Ditchdigger	Respond to of 4276

Richard, I just want to warn you to, give me clear berth. You probably don't realize the power I have <LOL> DD : To: The Ditchdigger (176 ) From: Steve Monday, Mar 9 1998 6:47AM EST Reply # of 181 "He's at it again folks. He doesn't own a dime of any company he bashes. He brought Oilex down from 1.20 when he appeared on the board on Jan 3 to its current 25 cents by posting misleading information about Reg S financing as it applied to Oilex. He's going to ruin Nevtah if you let him. He'll spread rumours and innuendo. He is a snake. Watch out!! He probably gets some kind of kickback from MMs who are currently short the stock. Without remorse." exchange2000.com