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: Larry Sallee who wrote (55)	12/26/1996 5:55:00 PM
From: Rick Meyer	of 95

Hi Larry, The only thing that I know about the Big Foot purchase is what I have read from the press releases, so probably less than you do. After the press release, I ran some rough numbers on Nutek: 200 wells * 5 brls/day * $10 * 300 days = $3,000,000 or $.375/share @ 8mil shares. I feel that these numbers are conservative ($10/brl may seem a little steep, but they claim to be a very low cost producer) It sounds like they are actually getting much higher production / well also. - how do these numbers sound to you? Anyways, what is a pay zone? Happy Holidays - Rick Meyer

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