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

To: Richard Rodgers who wrote (3805)	8/2/1998 5:51:00 PM
From: CHRISTINE	Read Replies (2) \| Respond to of 4276

The Saga continues: It takes a strong stomach to digest all this. Posted with Pete's permission. Subject: BT Energy Group partnership Date: Sun, Aug 2, 1998 13:28 EDT From: Pete123q Message-id: The full name of BT is, BT Energy Group, a partnership. Records in Frio County involving the Big Foot Fields indicates Oilex assigns to BT Energy Group existing leasehold or burdens ORRI of said Big Foot leases. And then a portion was assigned from BT Energy Group to M. Pattan Holdings Ltd, a Bahamian Corporation, (named after Burditt's dog) ORRI of said Big Foot leases. M.Pattan Holdings Ltd was one of seven companies which acquired a portion of the 200,000 shares of Oil Retrival Systems on March 12, 1997. Also included as one of the seven companies was Phoenix Resources, which had a change of name to Churchill Resources. All these companies are controlled by Burditt. So it appears with the active assistance of Oliver Timmins that assets belonging to Oilex shareholders are given as a "GIFT" with no consideration to BT Energy Group. And who owns a share in the partnership together with Burditt? The "B" stands for Burditt. Who does the "T" stand for?