PotgutIgnore previous post - forgot to add other important...

Potgut

Ignore previous post - forgot to add other important points

Hope you are right

I like OEL too for the following reasons ::
Pro's
1. At around these prices 5.9c to 6.1c maybe this is low and see a u-turn from here
2. New CEO bought in $100k of shares at 8c
3. New CEO been on the new job now for almost 2.5 months with all planning done (I presume) for executions soon
4. April 09 funds raisings of $21m were at 6.6c (? not too sure)
5. Galoc Oil Project producing beautiful cashflow
6. OEL is debt-free
7. Gas in Turkey will soon be in production Q1/2010
8. Most resources stocks have had re-covered lost value except for OEL

Con's
1. Management is a bit slow and for many months no new projects report (hopefully there are coming soon !)
2. OEL has far too many issued shares
3. Galoc Oil Project's production life time-frame is unknown

Good Luck to all holders

AoA