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: Author51 who wrote (1983)	7/8/1998 5:19:00 PM
From: Author51	Read Replies (3) of 3817

NTAH UPDATE........ Learned several interesting things today......There is an update on the strippers planned, but nothing definite yet....The JV deal has been narrowed to 1 Candidate, which is a LARGE Intermediate Co....Papers are at the respective lawyer's offices NOW....Negotiations continue...NO Plans to offer ANY large percentage to the JV Partner..The Borchers #1 well is producing approx 200 BOPD per day with a BOE of approx 300, because of the presence of Gas also ....The Co. President Mr. Kesonen has been BUYING shares on the open market...ALWAYS a good sign....GO NTAH!!!....Peace

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