NuTek, Oil Company, currently at 1 Message Board

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Microcap & Penny Stocks : NuTek, Oil Company, currently at 1

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To: Michael Burt who wrote (53)	12/18/1996 9:19:00 PM
From: Rick Meyer	of 95

Michael, it would be great if you can get to the office in Irvine. I think that the only person that is there is the Pres., Roger Garity, so phone first. If you're going to do this, I would be more than happy to rattle off a list of questions - most pressing right now is the progress of the Joint Venture. All of the early reports (which surfaced in July) said that the majority of the wells were to be acquired via the JV, and the partner, Regent Oil and Gas would provide the capital. The 3 yr. target for the JV was 5000 wells. Nutek was also going to start acquiring once the cash started to flow. It appears that the acquisition rate of the JV is very slow, and Nutek is no longer waiting for that situation to progress - did something go wrong? Anyways, I also think a trip to the oil fields would also be very interesting - anyone going to be in the Big Foot area soon? Happy investing - Rick Meyer

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