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

To: Steve who wrote (3964)	9/4/1998 1:54:00 AM
From: Steven Taylor	Read Replies (1) \| Respond to of 4276

Steve, I operate in Oklahoma, Arkansas, and soon to be Kentucky and Tenn. I don't have any production in Texas but that is soon to change. Fields are getting pretty cheap. So is field equipment. And yes, I do use 100% of my own money, I only have to answer to myself on a screw up. At 125K a pop, you would have swab that well for quite some time before showing any profit. At 9 BOPD at $13 oil minus royalties and taxes you are only looking at around $2600 a month. I generally give a well 18 months to pay back. What kind of training and guarantee do you give on these units. Surely you provide the purchasing company training to operate this new swabbing unit effectively. What kind of technical support do you offer. What is the sand line size. How often do you have to change out packing rubbers, and how many swabs on a 2500' well will the swab cup last. These are some of the questions I would like answered. If I want to milk a well, does it have the power to do it.