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: Marty Rubin who wrote (3088)	3/26/1998 5:52:00 PM
From: Marty Rubin	Read Replies (1) \| Respond to of 4276

ALERT ALERT FOR ALL TRADERS I took a huge bet on CY a few days ago and it seems to pay. Stock up on no reason after strong beating for past months. see if it gets eaten in few days. check this for easy ref. quote.yahoo.com take you shot/risks may be too late to gamble now inless, indeed, being bought in coming days. good Day Marty

To: Marty Rubin who wrote (3088)	3/27/1998 12:01:00 AM
From: Steven Taylor	Read Replies (2) \| Respond to of 4276

Marty, You are looking for production numbers. Oil companies do not report by the day or by the week, it's by the month. They do have daily production numbers from the pumpers reports, but as to looking at them daily they don't unless a problem has been reported. After the initial production test is done, daily production is watched for 1-2 weeks for any abrupt changes, then after that only when abrupt changes occur. If you want to know the monthly production numbers call Petroleum information/Dwights information in OKC. They can tell you what the most current reported production is. Reported production doesn't come from the operator it comes from the oil purchaser. Have looked into some of the cumulative production from the Bigfoot field based on the production of HCM. Total production in 1997 for the Olmos B sand was 175,297 BO, 57,155 mcf . Based on production decline curve, this field shows good reservoir characteristics, especially being as shallow as it is. HCM has also expanded their drilling program for this area in the last 6 months. I'm trying to find what CAYC is looking at as far as their interest in OLEX. Not hyping this stock in any way, just passing along information SteveT