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

To: Larry Sallee who wrote (2934)	3/10/1998 11:31:00 AM
From: OFW	Respond to of 4276

FOR OMAR, ALLEN BURDITT OR THE BARON: I directed these questions to Larry Sallee in my post of the other day. Larry, I appreciate your response, but once again what we lack is a tangible specific response from the company. The company has always insisted that I should focus on production rather than on management related issues. I'm now trying to do exactly that, but I need specific responses to these questions before I can complete my appropriate due diligence. So, please, Management of Oilex, Omar, Allen Burditt or the Baron, could you specifically respond to the following production related questions. Maybe if readers of this thread could hear from you first hand regarding actual production, forecasted production and development plans for all of your properties we could put to rest all of the speculation about the company's production and future plans. Note that I mention development plans, specifically, because in light of the cash that Oilex presently has on hand from the debentures, we can only assume that the company has significant plans for future development on these properties. So, in an honest effort to get the company to communicate with us regarding these production and future development plans, I repeat my questions of the other day: ***************************************************************** A few questions that might help us analyze past, present and future production: 1. Omar said on this thread that we should give them until the end of January to show Big Foot production. It's now several weeks later and Omar is no where to be seen and there have been no new data on Big Foot production. Any information from the company on production in Big Foot would be of interest. 2. There's been hints lately of the company wanting to develop West Virginia. Hopefully, the company could share with us it's plans for development of the Greenbriar and Pocahantos Counties properties in West Virginia. 3. Finally, I think any update on the current status of, and future development plans for, the following properties would be of great interest to all: A. Jackson County lease. B. Luling Field in Caldwell County. C. Walker Queen Field in Pecos County. D. Revilo Unit in Scurry County. E. Wilson leases in Jefferson County, Texas. F. Holdings in Rio Blanco County, Colorado. G. Holdings in Carbon and San Juan Counties, Utah. H. Holdings in Mississippi. *************************************************************** Offie