Ann: Oilex Strengthens Board with Appointment of NED, page-7

I really think market has "dropped its bundle" with OEX

Investors have to realize the 'oil' market is in a cycle..not
to mention the total 'untapped' difficult Indian hydrocarbon
market. At the present time there are a lot of 'analysts" only
interpreting a 'panic' response to what they may call
market fundementals....the bottom line is this..

India consumes around 3 BARRELS/HEAD PER CAPITA PER DAY
compared to the WEST OF AROUND.20-60 BARRELS..

With around 10 million cars per annum hitting the streets
of Beijing..plus a second wave of middle Indian class to come...

I don"t think so.......Oil is alive and well."""

Cheers