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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?


To: kramc who wrote (3681)8/8/1999 7:31:00 AM
From: JW@KSC  Read Replies (1) | Respond to of 3817
 
From Stockgroup.com - Update

Aug. 7, 1999
Updates
IP Verification: 207.69.170.52

To be released at Corsicana: Wells operating in Kentucky since March 1997 have cost less than $100 per month per well for total expenses and maintenance. Compared to former pump jack represents over 70% reduction in operating cost for that lease.

Another lease in operation for 18 months has shown 100 per cent increase in production and 40 per cent reduction in total operating cost.

Wells in Corsicana are expected to give the company over 60 per cent return on investment based on retail cost of system.

Cybersensor will demo a pump jack being monitored and controlled by satellite and Internet CyberVip.

International patent numbers received last week. Pump with cybersensor is programed to perform same function as pump off controller costing over $2,500. Our total system cost less than $1,200 and will also have remote control and monitoring. Huge market and a lot of interest now from many oil companies. We are to receive a well flow meter from Equitable next week to program and test with cybersensor. They have over 3,000 in Kentucky alone.

Orbcomm news release to be on web site next week. Check out www.cybersensor.com we will have release and news hopefully starting this month. (We may be to busy but plan to have updates of new technology, applications and progress. Ed Corlew CEO

Aug. 7, 1999
info and excitement
IP Verification: 207.69.170.219

We have the only satellite ready pump system economically feasible for this industry.

Our only competition is the economics or price of oil. There are some low cost systems but they are not commercially feasible and non have automation, computer control or remote capability at any price.

The DOE is moving all equipment to test their individual well with electrical and separate tank to get actual individual well production. Then we go out in order to give before and after test.

We then demo our ability to monitor and operate from my air conditioned office. We have a few test that are on the agenda. But we already know our system so it will give all a chance to see what DOE has said.

The forth coming release gives a somewhat preview of what they have seen in visits here. You will like what it says and very brief to the point statement of impact on the industry........

Maark since you came for the DD it has taken off like a rocket. In just a few months everything we discussed is coming to focus and starting to take shape. Results and feedback is 1,000 per cent positive. Installation for Equitable starts Monday morning at 6:00 A.M. anyone care to join. Sunshine to be piped in. I will be visiting each day via satellite from office. Simply lovely not to have to drive 6 hours and know everything within 2 minutes.....
I feel like Jim day before the lift off . Ed Corlew