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Re: arstegall post# 80228

Wednesday, 08/20/2014 10:44:27 PM

Wednesday, August 20, 2014 10:44:27 PM

Post# of 116865
Some Texas Sands facts... The production from Texas Sands since Treaty supposedly acquired it...


May.......18 barrels for .58 BOPD

June......122 barrels for 4 BOPD



That is a long way from the claimed "provable" 25 BOPD... Treaty was obviously lying... Again.

Andrew V. Reid, Chairman and Chief Executive Officer of Treaty Energy Corporation, is pleased to announce the acquisition of the assets of Texas Sands Resources, LLC of Abilene, Texas (TSR). TSRs assets currently include ten (10) leases in the Texas 7B Oil District. These leases have a current, consistent and provable production of 25 BOPD (Barrels of Oil per Day) and currently hold 552 barrels of sellable oil in the tanks (est. $50,000). At current production levels, the Company anticipates that this acquisition will generate estimated revenues of $800,000 per year, with revenues expected to increase as the ten (10) leases are more fully developed. TSR also holds a number of additional lease opportunities that if completed, will be included in this purchase. The purchase price was $1,250,000.


http://ih.advfn.com/p.php?pid=nmona&article=62041510


More Treaty lies...


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