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

To: wayne who wrote (3249)	10/23/1998 6:44:00 PM
From: WR61499	Read Replies (1) \| Respond to of 3817

Wayne- None of these problems are going to go away soon! NTAH will be drilling next year and I'm sure the prices of natural gas will be higher next year than this year. BTW,I just heard that Northwestern Utilities announced a major price increase on natural gas in Alberta. Do you know anymore about this?

To: wayne who wrote (3249)	10/23/1998 7:54:00 PM
From: Just My Opinion	Respond to of 3817

Wayne; The story as I was told: The stock price of NTAH made the deal offered, unattractive to NTAH. (The other company supposedly was going to take an equity position in NTAH) (so buy the heck out NTAH in March, and get us to a dollar..hahahahahahaha) Since the island has restrictions on drilling due to the nature aspect, we cannot drill until April. That doesn't mean that NTAH is not pursuing the Matagorda project, in the meantime. However there is no pressure to do it, because we can't drill during the winter anyway. I, like everyone else wish it were otherwise. When NTAH finally gets the darn thing drilled, I believe (crossing fingers) everyone will be happy with the outcome.