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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 (2823)8/9/1998 4:53:00 AM
From: Ditchdigger  Read Replies (1) of 3817
 
<However the operators were not quite the best, and they sanded up..>
It is my understanding the problem with the 3 wells were due to completion problems(info from Tower's geologist),not production problems. They weren't able to complete the wells properly due to the sands. They must have figured after three attempts, it was time to give up. Hopefully with the advancement of technology (drilling muds) the new drilling and completion contractor will have better luck..three strikes and they were out..DD
PS, obviously, the weren't producing "handily" enough to be economical.
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