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

To: SnakeInATuxedo who wrote (1551)	6/23/1998 2:39:00 PM
From: Howard Kirk	Respond to of 3817

WELL NAME: #1 M.J. Borchers LOCATION: Eli Mitchell Survey, Abstract 251, Gonzales County, Texas STATUS: Down for Repairs CUMULATIVE PRODUCTION: 180,000 BO PRODUCING FORMATION: Austin Chalk PROJECT: Replace older engine with newly rebuilt 175 hp Waukesha engine and repair pump and pay Salt Water Disposal Costs. EXPECTED RESULTS: Increased oil production and reduced lease operating expenses due to more available horse power, reduced engine oil consumption, and reduced down time and maintenance. COST: $40,000.00 ESTIMATED DAILY PRODUCTION RATE: 240 B/D OIL PRICE: 18.00 / BBL PROJECT PAYOUT: 1 to 3 months ************************************************************* As you can see, NTAH estimated 240 B/D, but at present is getting around 85 B/D. This is not part of the stripper well technology that we have been reading about. The info is taken from NTAH Web site. Howard