NUTK - proprietary oil pump Message Board

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Microcap & Penny Stocks : NUTK - proprietary oil pump

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To: James McKillop who wrote (5)	8/12/1996 8:01:00 PM
From: Rick Meyer	of 21

James, Thanks for the update. I was under the impression that Nutek had acquired closer to 200 wells - but its irrelevant in comparison to their long term goals. Do you have a feeling whether they are on track w/ their joint venture to meet the goals of 5000 wells. If so, when do you foresee this happening? How is the performance of the Bailer Pumps that have been installed? - are they meeting their boasts in terms of daily production quantity - I believe they were anticipating 10-15 barrels/day? More importantly, are they meeting their goals in terms of production costs - can they keep it under $2.00/barrel??? How is the production of the pumps doing? What are the goals for manufacturing more pumps. How many can be produced per day? Looking forward to your response. Rick Meyer

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