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Monday, October 20, 2014 11:32:30 PM
Treaty still buying leases that they know don't produce as is evident with the Texas Sands acquisition... Treaty paid 1.25 million for 10 leases that have produced very little oil and then they lie about it... Nothing more than PR fodder...
The REAL Production rates taken from a year of data from January 2013 to January 2014... And the current production from
Texas Sands...
Lease 29495... No reports.
Lease 29359... 210 barrels or 17 barrels a month for .57 BOPD
Lease 11225... 541 barrels or 45 barrels a month for 1.48 BOPD
Lease 23568... No reports.
Lease 21570... 739 barrels or 61 barrels a month for 2.02 BOPD
Lease 21849... No reports.
Lease 22814... 609 barrels or 50 barrels a month for 1.66 BOPD
Lease 26287... 347 barrels or 28.91 a month for .95 BOPD
Lease 125878... All zero's.
Lease 139445... All zero's.
Total production for the 12 months was 2446 barrels or 203 a month for 6.07 BOPD. A far cry from the 25 claimed by Treaty in the May 1st PR...
Texas Sands monthly production.
February.. 305 barrels for 10.89 BOPD.
March.....253 barrels for 8.16 BOPD
April.....332 barrels for 11.06 BOPD
Treaty Energy acquires Texas Sands May 1st.
May.......218 barrels for 7.04 BOPD
June......222 barrels for 7.4 BOPD
July...... No report.
August.... No report.
..
..
.
The REAL Production rates taken from a year of data from January 2013 to January 2014... And the current production from
Texas Sands...
Lease 29495... No reports.
Lease 29359... 210 barrels or 17 barrels a month for .57 BOPD
Lease 11225... 541 barrels or 45 barrels a month for 1.48 BOPD
Lease 23568... No reports.
Lease 21570... 739 barrels or 61 barrels a month for 2.02 BOPD
Lease 21849... No reports.
Lease 22814... 609 barrels or 50 barrels a month for 1.66 BOPD
Lease 26287... 347 barrels or 28.91 a month for .95 BOPD
Lease 125878... All zero's.
Lease 139445... All zero's.
Total production for the 12 months was 2446 barrels or 203 a month for 6.07 BOPD. A far cry from the 25 claimed by Treaty in the May 1st PR...
Texas Sands monthly production.
February.. 305 barrels for 10.89 BOPD.
March.....253 barrels for 8.16 BOPD
April.....332 barrels for 11.06 BOPD
Treaty Energy acquires Texas Sands May 1st.
May.......218 barrels for 7.04 BOPD
June......222 barrels for 7.4 BOPD
July...... No report.
August.... No report.
..
..
.
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