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: NYBellBoy who wrote (3652)	7/15/1999 3:16:00 PM
From: kramc	Read Replies (1) of 3817

News from Matt on stockgroup.com kramc 2) A name with the face IP Verification: 207.140.66.68 For all those who wanted a name to go with those orders - (myself included) - 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 Click here to reply to this message

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