Nevtah/Tower Oil Intl.- NTAH Message Board

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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH

NTAH 0.00400

-60.0%

Jul 24 5:00 PM EST

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To: JW@KSC who wrote (3647)	7/15/1999 12:04:00 PM
From: JW@KSC	Read Replies (2) of 3817

NEWS is out. I had already found the name of the company Tuesday last week, looking for companies with 4500 Gas Wells in Kentucky. eqt.com And there is more related to this company also, if one can do the DD and find it. JW@KSC Thursday July 15, 11:24 am Eastern Time Company Press Release Nevtah Announces Installation for Equitable Resource Inc. PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--July 15, 1999--Nevtah Capital Management Corp. (''Nevtah'') (NASD-OTC:NTAHD) announced that Petroleum Asset Management Co. (''Pamco'') will install its first patented gas de-watering system on a methane gas well operated by Equitable Resources Inc. (''Equitable''). Equitable (Symbol EQT) is a fully integrated energy exploration, production, transmission, distribution and marketing company with revenues in excess of $1 billion per year. The pumping unit will include the two-way control and monitoring system developed by Pamco's subsidiary Cybersensor.com Inc. (''Cybersensor''). Pamco and Cybersensor have formed an alliance with Equitable to test and develop an industry wide pumping controlling and monitoring system employing the full scope of their operations. Equitable has over 4,500 wells and will allow us to demonstrate the technology to other oil and gas companies. Cybersensor will receive its first shipment of new radio subscriber communicators produced by Stellar Communications Ltd. this month and will allocate 15 units to Equitable for a variety of applications including the monitoring and controlling of pump jacks and gas and flow meters. On behalf of the Board of Directors Daniel P. Kesonen

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