NuTek, Oil Company, currently at 1 Message Board

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Microcap & Penny Stocks : NuTek, Oil Company, currently at 1

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To: Chris who wrote (42)	11/4/1996 12:28:00 PM
From: Larry Sallee	of 95

Chris I don't think OLEX is spending $125,000 per day- that is the cost of the small Kleager pump. This System Olex is useing brings the oil up at about $2.50 per BBl-I think you will find the rush is on to find wells and NUTK needs to pick up quite a few- of Interest OLEX is now over 250 wells and Big foot is comming into production on all 54 plus wells. While I am sure NUTK wants to be in production with as many wells as possible they need to be out and about building numbers and they have said that the higher the oil price the harder it will be for them to buy wells. Still watching Larry

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