In biological transport mechanisms such as insect respiration and renal filtration, fluid travels along a leaky channel allowing material exchange with systems exterior to the channel. The channels in these systems may undergo peristaltic pumping which is thought to enhance the material exchange. To date, little analytic work has been done to study the effect of pumping on material extraction across the channel walls. In this paper, we examine a fluid extraction model in which fluid flowing through a leaky channel is exchanged with fluid in a reservoir. The channel walls are allowed to contract and expand uniformly, simulating a pumping mechanism. In order to efficiently determine solutions of the model, we derive a formal power series solution for the Stokes equations in a finite channel with uniformly contracting/expanding permeable walls. This flow has been well studied in the case in which the normal velocity at the channel walls is proportional to the wall velocity. In contrast we do not assume flow that is proportional to the wall velocity, but flow that is driven by hydrostatic pressure, and we use Darcy’s law to close our system for normal wall velocity. We incorporate our flow solution into a model that tracks the material pressure exterior to the channel. We use this model to examine flux across the channel-reservoir barrier and demonstrate that pumping can either enhance or impede fluid extraction across channel walls. We find that associated with each set of physical flow and pumping parameters, there are optimal reservoir conditions that maximize the amount of material flowing from the channel into the reservoir.