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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Gary Burton who wrote (42960)4/22/1999 10:04:00 AM
From: Ditchdigger  Respond to of 95453
 
Sold da Falcon,,sector is BP 68%, approaching overbought,IMO ..but what do I know...DD



To: Gary Burton who wrote (42960)4/22/1999 11:09:00 AM
From: Heretic  Respond to of 95453
 
"A lot of EW reading is subjective."

Indeed. And you subject us to it with great regularity. <BG>



To: Gary Burton who wrote (42960)4/22/1999 11:15:00 AM
From: Ditchdigger  Respond to of 95453
 
A little help please..Any of you oil field pro's know anything about this technology and or company? TIA..DD
Thursday April 22, 9:16 am Eastern Time

Company Press Release

Nevtah Capital Management
Announces New Software Patents
Filed

US Department of Energy to Test Oil and Gas
Technology

PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--April 22, 1999--Nevtah
Capital
Management Corp. (''Nevtah'') (NASD OTC:NTAH) announced that Petroleum Asset
Management Co. (''Pamco'') has filed preliminary software patents which will
revolutionize and
simplify the controlling and monitoring of field equipment from a remote location through
the use of
wireless satellite and internet technology.

The US Department of Energy (''DOE'') will test Pamco's patented stripper oil and gas
well
technology in June of this year. Upon completion of the tests, the DOE will publish the
results and
information in national publications and on its web site. Testing to date has shown that
Pamco's
system has reduced operating costs by 50 - 80% on stripper oil wells and increased
production
from 25 - 100%.

Pamco has also initiated a leasing program for its stripper oil and gas well equipment.
With the
latest technology developments, Pamco can now deliver a pumping system with all of its
proven
features to the stripper well market world wide and offer linked remote management
and
monitoring with very little additional cost. The cost of Pamco's system will be returned in
operational and maintenance savings in a very short time. In most cases the investment
can be
recovered in less than one year.

On behalf of the Board of Directors Daniel P. Kesonen, President

Contact:

Nevtah Capital Management Corp., Palm Beach Gardens
Daniel P. Kesonen, 561/626-9901

More Quotes and News:
Nevtah Capital Management Corp (OTC BB:NTAH - news)
Related News Categories: oil/energy
Here is the patented pump PR
biz.yahoo.com
quote.yahoo.com