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: JW@KSC who wrote (3368)	1/10/1999 1:23:00 PM
From: Ditchdigger	Read Replies (1) of 3817

Who is going to back them in this exploration,especially in a gas over supplied market..Have you been following the drilling sector? Gas prices? OPEC? Asian demand? Domestic demand?Cut backs in spending,personnel and exploration? Cut backs in the North Sea?Who is going to back them-it's a very expensive venture.Requiring bridging,planking,barges,etc.-dealing with environmental issues.. How many shares of stock do they have outstanding..Last time I tried to check with the TA,I was told they were under instructions not to release that info, without Mr. K's approval..DD PS: and the Caspian Sea--give me a break-- PSS: what about the convertible credit,how much has been used and how many shares have been issued on convert? Lots of questions.. PSSS: stripper wells are being closed-it ain't worth it,from what I've read--how much does one of these pump set ups cost..many of these wells have existing pumps-what is cheaper on many of these wells,using existing equipment or spend more on new equipment,when you have no cash flow,more credit?

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