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Microcap & Penny Stocks
NUTK - proprietary oil pump

An SI Board Since July 1996

Posts	SubjectMarks	Bans
21	0	0

Emcee: Rick Meyer	Type: Unmoderated

Introduction Compact

Would like to alert fellow SI members of a company with terrific technology claims. Also would like to see if anyone else is following this one.

Story in a nutshell:

After an oil producer drills and finds oil ( I understand that has about 70% of succeeding today), a well with a traditional pump will avg. 100 barrels/day for yr 1, 50- yr 2, then as low as 10-15 after about 2 yrs. (these are rough numbers) There are actually over 5mil. of these wells called "stripper wells" in the U.S. today

Depending on the price of oil, and a companies efficiency, it will become UNeconomical for a company to continue pumping these wells once they yield 10-15 brls/day. Today, the standard cost to run pumps at these yields ranges from $10-14. (price for oil today is going for about $19/ brl.

Nutek (NUTK) has a proprietary pump that can produce oil from the stripper wells at about $1.60 - $2.00 a barrel. They are currently in the process of working the bugs out of the current generation of prototypes. (I believe they have been running since early 1995

Deped

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
21	Larry, I feel your pain!!! You can find the other string if you run a search u	Rick Meyer	-	12/17/1996
20	Hello, Larry! I just spoke to Britt Brooks. He said we are going to have a grea	Yuri Aminov	-	12/17/1996
19	Yuri- thanks-I jues i didn't make myself clear- I was asking about another	Larry Sallee	-	12/16/1996
18	Hi, Larry! NUTK is "listed" on OTC BB. And it should do well once the	Yuri Aminov	-	12/16/1996
17	James I have not found any other thread about NUTK or NuTec,Oil Comapny- Where	Larry Sallee	-	12/14/1996
16	Latest Press Release: For Immediate Release Thursday, December 12, 1996 LEASE	James McKillop	-	12/12/1996
15	Hi, James! Long time time no talk. This stock is finally moving now ( I mean mo	Yuri Aminov	-	11/17/1996
14	Yuri, NuTek's also being discussed on another thread. // NuTek, Oil Compa	James McKillop	-	9/20/1996
13	I found out about NUTK on the internet (forgot which site, maybe financial web)	Yuri Aminov	-	9/20/1996
12	Another short update on NuTek. While NuTek's WWW site is being construct	James McKillop	-	8/29/1996
11	Here's some new information I got from Britt Brooks, NuTek's VP. As of	James McKillop	-	8/22/1996
10	Thanks Rick I am interested- it is where I think a lot of income can be generat	Larry Sallee	-	8/13/1996
9	Huh? I am very surprised that you've had trouble getting information. Per	Rick Meyer	-	8/13/1996
8	Rick I called every number I could find- left messages but absolutly no responc	Larry Sallee	-	8/12/1996
7	James, Thanks for the update. I was under the impression that Nutek had acquir	Rick Meyer	-	8/12/1996
6	Larry, Just following up on an earlier correspondance. Did you get the info f	Rick Meyer	-	8/12/1996
5	Just an update: As of today, NuTek owns 122 oil wells in Texas and Oklahoma.	James McKillop	-	8/12/1996
4	Thanks Rick for the information. I will look into this	Larry Sallee	-	7/10/1996
3	Larry, Contacts for Nutek: 1. PR firm that was hired to promote stock - Brok	Rick Meyer	-	7/9/1996
2	Where can I get firther information- and contact number? thanks LS	Larry Sallee	-	7/2/1996
1	Additional information on Nutek (NUTK). The last contact w/ the Company was	Rick Meyer	-	7/2/1996

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