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: Just My Opinion who wrote (1704)	6/26/1998 11:32:00 AM
From: Ellen	Read Replies (1) of 3817

To All: I just had a very good conversation with Jim King at Canyon Financial, IR for NTAH, and am still very pleased with having invested in this company. With all that is now in the "development stage", I am genuinely excited about the coming days, weeks and months. Test results on the stripper wells are anticipated in approx. 60 days. The tests are being performed on a carefully controlled basis and the results will be independently reviewed. With good test results, they hope to have approx. 5,000 stripper wells producing within a year. I'm still looking forward to news on the joint venture at Matagorda Island. There is also to be a "corporate update" that may include some of the questions I asked about the stripper wells, Jim said, as there are apparently others with similar questions. From our conversation, I look for some releases within the next couple weeks. If you haven't spoken with anybody at Canyon, I would suggest you do so! Their number is 1-888-689-7706.

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