update, page-3

Hi Billy,

I was very pleased to see the update today from Oilex today. The market still does not understand the importance of what OEX have informed us to what massive potential we are sitting on in Oman.

If you read between the lines its all looking very good for a major spike in the SP over the next 4 weeks.


Cambay will also present us with some re-rating as the results start filtering in.

Im sitting more comfortable than ever.


Looking at the market depth, sentiment has started to turn towards a bullish 2008 for Oilex.