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Alias Born | 04/14/2010 |
Friday, April 24, 2015 10:31:43 PM
Here's the facts...
Update 19 - SEC charges Treaty with Securities Fraud
SEC Charges New Orleans-Based Energy Company and Executives With Fraudulent Stock Manipulation...
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370543709953#.VI80ZFWJOuY
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-281.pdf
TECO SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-73905.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-73905-o.pdf
The obvious reasons for the SEC charges...
Lawsuits against Treaty that I know of so far...
New lawsuit... Another of Treaty's lawyers suing Treaty... Whitley vs Treaty Energy, breach of contract and non-payment of dept. And look who signed the contract that is Exhibit A... Chris Tesarski Lol!
The complaint:
https://drive.google.com/file/d/0B8fPIL-cKPM-eXdEdUNPMGw3VEE/view
Exhibit A:
https://drive.google.com/file/d/0B8fPIL-cKPM-Q1Y1YlMyaUJiWms/view
Whitley is the Treaty gate keeper lawyer that is also named in the SEC fraud case... The rats turning on each other.
Lord "secret investors" TECO going to .50 a share! 10 million in funding... So much Bullshit.
Folks Treaty Energy is a scam...
And this is revealing... Looks like Weyand is involved in Treaty has much as Blackburn is.
The full filing is here...
https://drive.google.com/file/d/0B8fPIL-cKPM-d1hSTzQ1QmVWeEk/view
This is how Treaty operates... Robert McManus is out $130,000 bucks... and Ronald Blackburn is right in the middle of it...
Robert McManus vs Treaty Energy...
Full filing here...
https://docs.google.com/file/d/0B8fPIL-cKPM-X1pMZGxqVGhFbWc/edit
New Lawsuit filed by Anderson Perforating for breach of contract August 25th...
Default Judgment against Treaty Energy... Again Treaty doesn't show up for court... And Tesarski is literally just down the road.
The original filling...
Lawsuit filed by Anderson Perforating for breach of contract August 25th...
Funny thing is... The lawyer for Anderson Perforating is none other than the lawyer that filed the slander suit against Mack, Colton P. Johnson... And by the way Colton has filed with the court to withdraw from that slander case and Treaty has taken no further action. Likely because what was said was all true. Can't be sued for telling the truth and there is loads of evidence to support that it was in fact true.
Colton Johnson has also been involved with many of the lease assignments...
So now Treaty is being sued by thier own lawyer! LOL!!
The Anderson suit
Seems Tesarski has been ignoring all the bills as well...
Same ole Treaty...
US. Fuels and Treaty Energy being sued for fraud in Callahan County
Has to do with 2 leases Treaty sold Merkaz Oil and Gas Development Company. They say Treaty sold them the Henderson and long lease by fraudulently misrepresenting the facts. Like the fact that there were TRRC issues as in a well plugging and severances. They are looking for more than $200,000 but less than 1 million bucks from Treaty and US. Fuels.
Sounds just like Treaty...
The full filing here...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104560250
Fraud, fraud and more fraud... Gwyn with the help of Reid ripped off his childhood friend... Treaty rips off anybody and everybody.
Holly Crap... Yet another lawsuit, this one for $56,570.00 plus 12% interest that so far as accrued in the amount of $20,365.20 for a total of $76,935.20 for breach of contract and filling filed August 22nd looking for a default judgment because Treaty Energy continues to refuse to pay even after the new great puppet Chris Tesarski has supposedly "taken over"...
Same ole Treaty...
This last suit posted is from a ways back and they are STILL trying to collect from Treaty and taking them to court AGAIN for like the 3rd time... Treaty doesn't intend on paying anybody these guys should get together a take legal action to freeze anything Treaty and co-crooks have... Though it may already be to late... Seems Treaty about to file bankruptcy...
https://docs.google.com/file/d/0B8fPIL-cKPM-Qmw3V3Z6cVV5aFE/edit
Treaty loses in court again... This is a document service company that has something to do with preparing docs for court and Treaty decided to not pay them or even bother to show up in court... Again.
This one for $48,859.50 and the Judgment is final... Treaty must also pay attorneys fees of 25% for $12,214.86 for a total due to WarRoom of $61,074.37 plus 18% interest until paid...
This suit all took place well after Chris Tesarski was appointed.
Blackburn still pulling the strings at Treaty Energy.
Petition.
https://docs.google.com/file/d/0B8fPIL-cKPM-QUI0VlBPdzdTX1E/edit
Judgment...
https://docs.google.com/file/d/0B8fPIL-cKPM-bkhEeUFEbXg3djg/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-U2l4WExDLWhVTVk/edit
ANOTHER default judgment against Treaty and Tesarski is named in the suit... Tesarski also did not bother to show up ... Default Judgment for 13,066.74 totaled...
Click image to enlarge:
Abstract of judgment...
https://drive.google.com/file/d/0B8fPIL-cKPM-NVU5dEllclBrSTA/view
Another default Judgment against Treaty Energy. This after a "payment plan" was set up... And guess what? Treaty didn't make the payments. Treaty has done this many times before, 1 payment then another year of excuses from Treaty and then back to court and Treaty didn't bother to even show up...
This judgment is for 14,142.62 plus 18% interest and attorneys fee's...
Archer Drilling Default Judgment Documents File Date 10/4/2014...
https://drive.google.com/file/d/0B8fPIL-cKPM-SGdnbmFpNVhjX1k/view
Final Default Judgment
https://drive.google.com/file/d/0B8fPIL-cKPM-Vnh5R2g3TjROckU/view
The petition...
https://drive.google.com/file/d/0B8fPIL-cKPM-R3plN1BWSnJDbEk/view
Treaty fails to show for deposition...
Update on Archer Drilling case... Treaty failed to show for a deposition... So much for dealing with these issues in a "timely manner"...
https://drive.google.com/file/d/0B8fPIL-cKPM-OGtBYlRvQzJGaEE/view
The liens, Court filings and "payment plan"...
New Archer Drilling Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-aktuVkFCWG5KR00/edit?usp=sharing&pli=1
Archer Drilling Exhibit A Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-RFViQmYxME1rTjA/edit?usp=sharing&pli=1
Archer drilling lien, The folks that drilled the Madeley $26,785.25
https://docs.google.com/file/d/0B8fPIL-cKPM-a2Z0RDl2STcwUU0/edit?pli=1
And yet ANOTHER!
Universal Well Services suit 8/5/2014...
No Bullshit just Truth...
Click image to enlarge.
Universal well Services liens that pertain to this case and Obviously have not been dealt with since Chris Tesarski the new "Great Treaty leader" took over May 1st...
https://docs.google.com/file/d/0B8fPIL-cKPM-QjBOQllVNVJENDQ/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-Y3Z6Qjg5aEZsM28/edit
Here is the recorded assignment to Aquinas and a map that outlines the 60 acres...
https://docs.google.com/file/d/0B8fPIL-cKPM-a00tMmdON2hnMHM/edit
This "deal" has since fallen apart like many "deals" Treaty claims to have made. The Kanses deal went on for a year before Treaty finnaly admited that the deal did not happen. Turns out it was just more PR fodder...
..
Click image to enlarge
There are no current operators for the leases that make up this area. The 2 operators of the wells that were producing are now delinquent and both have TNR 91.114 flags... The production from these wells has been near zero since 1993 and the wells that have not already been plugged, and at least 4 of them by the state have been, will soon need to be plugged. There are currently at least 4 orphaned wells in this area.
former operators are... 844053 and 777175.
This area is complete garbage, any new wells will produce little oil. Not one well on this 60 acres ever produced 100 BOPD like Treaty claims... There have been 9 dry holes already drilled in this area and the rest are plugging liability's that these folks are unloading on Treaty, and I believe Treaty is aware of this. This is nothing but another scam to unload plugging liability's on another operator and to be use for PR fodder to sell shares...
Treaty has done this scam several times before...
Treaty has finally admitted that this "deal" fell apart. Treaty in all likelihood could not come up with the money and the drilling rig Treaty claimed they would use has been repossessed...
I believe Treaty used Treaty investor money to fund the drilling of a well that would not benefit Treaty shareholders...
Blackburn still at it...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105709870&txt2find=something|smells
There is a permit that has been approved very near the Treaty farm out but not on the acreage that was assigned to Treaty.
The operator is none other than a company run by Don Samples the guy that sold Treaty a worthless interest in the leases next door and the permit for the well is right where I said there was a small area worth drilling that Treaty did not have rights to. Arquinas kept the only worth while area for themselves and Treaty sold investors a load of Bullshit... I didn't need no seismic to see that...
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=SMITH%2BT.%2BL.&univDocNo=488672971
Another funny thing...
2 of the guys on the board of Aquinas Energy Resources are recent ex-CEO's of Treaty Energy and were paid with boatloads of Treaty stock and a third is a current lawyer...
Samuel Whitney is a lawyer for Treaty (And now also one of the fraudsters Charged by the SEC) and Randall Newton is a past Director and Chairman of Directors for Treaty Energy and Joe Grace was also a CEO for Treaty Energy... It's the same ole gang!
Recycled front men it seems. There are very likely other connections as well.
http://www.sec.gov/Archives/edgar/data/1075773/000111650209001642/teco_8k.htm
http://www.sec.gov/Archives/edgar/data/1075773/000135448809001210/treat8k.htm
..
April Production for Texas Sands leases...
332 barrels for 11.06 BOPD... AGAIN Treaty has been proven to be full of bullshit with the claims they make in there PR's. The PR's are obviously misleading with Treaty's claim of and the same ole same ole bullshit. The in bold statement by Treaty has been proven and proven again to be more PR Bullshit...
http://ih.advfn.com/p.php?pid=nmona&article=62045951
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...
Treaty Energy acquires Texas Sands May 1st.
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
May.... 218 for 7.03 BOPD
June....222 for 7.4 BOPD
July...114 for 3.67 BOPD
August.... No reports
Sept..... No reports
Oct.... No reports
Nov.... No reports
Dec.... No reports
2015
January.... No reports
Chris Tesaski has refused to report production for the Texas Sands leases for months...
So.... Again Nowhere near what Treaty claims in thier PR... And I just proved they are exaggerating the production numbers by a factor of 3 times what was reported to the TRRC...
Same ole Treaty Bullshit to sell shares...
Treaty is also trying to move C&C Petroleum liability's that Heritage oil refused to except because they were not told of those liability's over to Texas Sands...
The scam beat's on...
The Leases TECO sold to Heritage were quitclaimed to Chris Tesarski and Texas Sands January 2014... Treaty gives Chris Tesarski 1.25 million to buy them back along with a few more pluggers and TRRC liability's. Not only that but then Chris takes out loans against the Evans lease for 62,000 bucks...
How is all this beneficial to investors???? Seems it's nothing more than PR fodder to sell more shares...
Some old Treaty leases that Treaty unsuccessfully tried to unload to Heritage Oil looks like are now a plungers responsibility for Texas Sands... LOL!
Brown Unit...
https://drive.google.com/file/d/0B8fPIL-cKPM-WXFnZFh2OHluak0/edit
Compton, Love Compton, Kenard Mabel and Kenard Fiscuss.
https://drive.google.com/file/d/0B8fPIL-cKPM-M2ZjbHZDdWVlVjA/edit
And of course Texas Sands is in need of Money... This Texas Sands and Chris Tesarski thing is really, and I mean really... looking like a new extension of Treaty Energy to get around TRRC compliance issues...
https://drive.google.com/file/d/0B8fPIL-cKPM-OGRZNkx0OExFMVE/edit
Looks like Chris Tesarski is not what he and Treaty has portrayed...
Damm Tesarski! 148 wells ordered abandoned in Saskatchewan!
http://economy.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=13451,13449,3680,3384,5460,2936,Documents&MediaID=9955dfd4-6cbf-4c4e-b7f2-5f4fa66a8711&Filename=April+23%2c+2012.pdf
And Alberta Too... Damm! 16 wells, 4 pipelines and 8 of something else that is not specified in Alberta
https://www.aer.ca/documents/orders/ibo/AbandonmentOrders.pdf
And it seems you DID NOT comply with regulators...
The future for Treaty Energy...
Wow! Tesarsk's WI "investors" got stuck with the costs and the job of plugging 18 wells!!... They must be pissed!!
https://drive.google.com/file/d/0B8fPIL-cKPM-cDMwQ0hJT1lVZlU/view
All of Tesarski's Sandbox Energy equipment forfeited November 26th 2014... Everything!! I would say that confirms that Tesarski did NOT address all the issues with regulators in Canada...
http://economy.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=15437,13449,3680,3384,5460,2936,Documents&MediaID=9f8622d3-75fe-4d5d-9ebf-18f95d6e74f2&Filename=MO+12885-03+Issued+November+27%2c+2014+to+Sandbox+Energy+Corp.pdf
Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
As of 4-3-2015 still no 2013 10-K, 2014 10-Q1, 10-Q2, 10-Q3, 2014 10-K nor the 8-Ks' for The appointment of Chris Tesarski or of the acquisition of Texas Sands.... Seems something has gone wrong again... There is no disputing that 8-K's are required for both those events...
Also no 8-K's for the 3 "new" board members of the the opointment of Chris Tesarskit to CEO of Treaty.
No 8-K's for these as well that Treaty has yet to inform investors about...
The LOI with Aquinas Energy Resources.
Farm out contract with Aquinas Energy Resources.
The appointment of Andrew L. Kramer as Vice President, General Counsel, and Corporate Secretary.
Losing the contract as operator for the Belize Princess Petroleum concession...
The results of drilling in Belize.
The fact that the Paradise concession acquisition fell apart and was not completed.
The 500 well drilling contract.
The involuntary bankruptcy filing.
The Heart Land lawsuit.
C&C Petroleum being put out of business by the TRRC with the denial of a renewed P-5.
Why does Treaty have a bad reputation?
Because they don't pay their bills. Contactors need to resort to legal action to get paid. Nobody likes to have to do that. It's Treaty's MO and it's BS...
Proof...
List of judgments and liens against Treaty Energy.
Stockton lease now 7 liens deep and for close to $650,000.00...
2 more liens against the Stockton lease for a running total of 7...Geeezz!!!
https://docs.google.com/file/d/0B8fPIL-cKPM-VXh1UTRnYzAtOGs/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-V2xGRVY2em5mYWs/edit
Included are two invoices for Port a Johns for like $1400.00 bucks...
Treaty doesn't pay anybody for anything!!!
Heartland law suit for over $400,000.00
https://docs.google.com/file/d/0B8fPIL-cKPM-eDdHM21GdmNKVjg/edit
Universal Well Services $62,482.96...
https://docs.google.com/file/d/0B8fPIL-cKPM-QjBOQllVNVJENDQ/edit
Beasley Drilling Fluids for $26,514.83
https://docs.google.com/file/d/0B8fPIL-cKPM-d2ZXM2taSk1JYzQ/edit
And David Jakobot, Treaty's Operator for the Stockton claims he also has a lien on the Stockton and that he is owed $100,000 bucks. No wonder he wants nothing more to do with Treaty Energy...
Filed by Universal well services.
The Mitchell for $5,496.39...
https://docs.google.com/file/d/0B8fPIL-cKPM-Y3Z6Qjg5aEZsM28/edit
Several of these contracts are sighed by Platon Petratos.
Since when are common investors allowed to sign contracts???
Heartland lien for $383,742.54 That would explain why their is no drilling or completion of the Stockton 3 going on. Treaty has been misleading investors AGAIN...
Also $52,500.00 of it is standby time.
Was it Treaty that said this was not a issue???
https://docs.google.com/file/d/0B8fPIL-cKPM-RGRvZFRkXzVaYVU/edit
New Treaty Judgment...
Treaty needs to pay $141,764.25 To All Energy...
https://docs.google.com/file/d/0B8fPIL-cKPM-SXl3cmlFYW11aFU/edit
Basic Energy services 5,590.35
https://docs.google.com/file/d/0B8fPIL-cKPM-RE1rQXVmM0Z6ZG8/edit
Archer drilling lien, The folks that drilled the Madeley $26,785.25
https://docs.google.com/file/d/0B8fPIL-cKPM-a2Z0RDl2STcwUU0/edit?pli=1
Driller in Belize $65,000.00
https://docs.google.com/file/d/0B8fPIL-cKPM-eng2M0MzajJ1ME0/edit?pli=1
Jims rental lien, $111,810.17
https://docs.google.com/file/d/0B8fPIL-cKPM-ODdhd2dtaTVDYm8/edit?pli=1
J&L Trucking lien &3,388.00
https://docs.google.com/file/d/0B8fPIL-cKPM-SzFETUxUMndEYlE/edit?pli=1
Another J&L Trucking lien $2,653.00
https://docs.google.com/file/d/0B8fPIL-cKPM-TTdHUDhTZHhXTE0/edit?pli=1
Mud company lien $6,726.88
https://docs.google.com/file/d/0B8fPIL-cKPM-LXhxWUE1ZHlOMDQ/edit?pli=1
Recovery equipment for work on the Brown lease $18,444.83
https://docs.google.com/file/d/0B8fPIL-cKPM-N0pGaC1BTGhHUkk/edit?pli=1
Recovery Energy Judgment
https://docs.google.com/file/d/0B8fPIL-cKPM-WmxNNGhtc2l1eU0/edit?pli=1
Shack Energy Services $2,451.55
https://docs.google.com/file/d/0B8fPIL-cKPM-UmFBRDNLeXk1VEE/edit?pli=1
New Archer Drilling Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-aktuVkFCWG5KR00/edit?usp=sharing&pli=1
Archer Drilling Exhibit A Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-RFViQmYxME1rTjA/edit?usp=sharing&pli=1
Oct 2nd Circle K judgment $27,397.40
https://docs.google.com/file/d/0B8fPIL-cKPM-NjhGZTY3NUhZcm8/edit?usp=sharing&pli=1
Treaty also owes Princess Petroleum and the Government of Belize money. Treaty owes the TRRC like $16,000.00 in fines and the Barnes land owner an estimated $70,000.00 in damages as well as the cementer $ 65,000.00. Treaty also still needs to plug the mine well, that is another $60,000.00 - $70,000.00. I'm sure there are many others Treaty has screwed along the way as well.
Treaty also has serious TRRC compliance issues.
Proof...
Master Default Order for Non-compliance...
http://www.rrc.state.tx.us/media/9562/12-04-12-mdo.pdf
TRRC order to plug 8 wells on the McComas lease. All the wells in this order have now been plugged by the State of Texas.
https://docs.google.com/file/d/0B8fPIL-cKPM-dmVRWXota1d1eXM/edit
Treaty's new and the second Master Default Order...
Treaty didn't bother to show up for this one either...
http://www.rrc.state.tx.us/media/9554/01-07-14-mdo.pdf
The violations...
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
Turns out the February 14th "Newsletter" about the McComas Hearing was complete bullshit just as suspected...
The only thing true was that Sean Douglas and a lawyer was at the hearing and apparently didn't have a clue. The hearing was for Treaty to show cause of a good faith claim to having a valid lease on the McComas. Treaty tried to claim they had a lease and wanted to transfer it to another entity. The McComas landowner said otherwise and proved they did not. People attending said both Douglas and Treaty's lawyer were disaster representatives and were ill prepared. There was nothing in the hearing about the Barnes lease said and there was NO AGREEMENT with anybody.
The next step in the process will be a "proposal for decision" for the commissioners to rule on written up by the TRRC enforcement attorneys.
Looks like Treaty lied again and will not be compliant until they can get past all the plugging and damage issues on both the Barnes and McComas leases.
Next to little to nothing ever turns out to be true when it come to Treaty. Treaty's nothing but a bullshitting share selling scam and will say anything to keep investors on the hook...
As of 03-27-2015 none of the claims by Treaty of any sort of compliance with the TRRC have been even remotely true.
Investors should be furious with all the misleading information and down right lies by Treaty Energy...
For Treaty to bring C&C Petroleum back into compliance like Treaty has promised they would a dozen times over the last 2 years, they need to...
Reimburse the State of Texas for plugging the 8 wells on the McComas lease. That's estimated by the State at $94,062.00 and could be more if they ran into problems.
The Barnes lease Wells have now been plugged by the State of Texas. Texas will sue Treaty for reimbursement.
Plug the remaining wells on the Barnes lease that includes the mine well and estimated at $60,000.00 plus the $70,000 in damages and mess left to the surface when Treaty abandoned the lease. Treaty has run out of time to do this... The State of Texas is scheduled to plug them next month. Guess Treaty will need to reimburse the State for these too...
Pay lease fee's of $21,000.00.
Pay the Master Default Order fines of $26,000.00.
Bring into compliance or plug 8 other wells on the leases under C&C for a estimate of $45,000.00
Treaty must also deal with the current 25 Severance issues with the 6 leases under C&C Petroleum... That's 25 Severance issues.
Treaty has done virtually NOTHING to bring C&C Petroleum back into compliance. Treaty has been LYING to investors for years concerning the issues with the TRRC and Lying to the TRRC and they are not amused.
These total $316,062.00
Time estimate... Forever.
The State of Texas will be coming for Treaty Energy soon...
These are all FACTS...That can be found on the TRRC website and that I have post links to and screenshots of many, many times some of which are in this post...
This is how Bruce Gwyn the former President of Treaty Energy conducts "business"... (Resigned March 24th 2014 and now a "consultant")
http://www.nola.com/business/index.ssf/2014/02/metairie_commodity_fund_manage.html#cmpid=nwsltrhead?_wcsid=01C1CA27A5E9FDF25DDFA9AA5EB135A4BE9FB61161E00C691B89DE01E74AF513
NFA...
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0190801&case=13BCC00007&contrib=NFA
Then to top the NFA stuff all off Bruce Gwyn refuses to pay his lawyer...
More problems for Bruce Gwyn. Breach of contract.
Of course...
Sounds just like Treaty Energy doesn't it! LOL!!!
http://louisianarecord.com/news/259546-financial-service-attorney-sues-client-for-allegedly-not-paying-179k-for-representation
All investors and potential investors in Treaty should read this... Particularly paragraphs 12,13,14,15 and 18...
Gwyn apparently has misappropriated and used for his own expenses from these "funds" that he was managing more that $200,000.00 bucks.
http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=3322
On June 12, 2013, NFA issued a Complaint charging L3M and Gwyn with willfully providing incomplete and misleading information to pool participants; failing to observe high standards of commercial honor and just and equitable principles of trade; and providing misleading information to NFA. The Complaint also charged L3M with failing to file a disclosure document or annual financial statement for the fund with NFA; failing to furnish participants in the fund with a financial statement; and failing to comply with CPO quarterly reporting requirements. Finally, the Complaint charged L3M, L3T and Gwyn with failing to cooperate with NFA
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0190801&case=13BCC00007&contrib=NFA
That's what the NFA has concluded. It's all right here...
http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=3322
And the NFA has already taken action...
Andrew Reid barred from working as a broker by FINRA...
https://docs.google.com/file/d/0B8fPIL-cKPM-ZHZfaV9KSWVEQUE/edit
The Financial Industry Regulatory Authority's database indicates that Reid is no stranger to securities fraud.
In 2002, while working for Williams Financial Group in Dallas, Reid took a $10,090.58 check from a customer and deposited it in his own account rather than forwarding it to the firm. When Reid failed to respond, the National Association of Securities Dealers barred him from association with any member firm.
In 2004, Reid was accused of unsuitable trading and investing, fraud, negligence and violating state and federal securities regulations that caused $6 million in damage to investors. After arbitration, the case was settled in 2006 for $35,000.
In 2003, Reid's employer, Corporate Securities Group, filed a complaint alleging "unsuitable investment" in municipal bonds that caused more than $100,000 of damage. Arbitration is pending.
In 2001, while working for First Allied Securities in San Diego, Reid was accused of having an unexplained debit balance of $60,321.09. The case was settled for $290.
In 2001, GMS Group of New Jersey accused Reid, who worked for the firm, of making "unsuitable recommendations, misrepresentations and breach of contract in connection with their investments in certain high yield corporate debt and other securities" resulting in damages of $200,000. The case was settled in arbitration for $106,275.
http://www.nola.com/business/index.ssf/2010/12/new_orleans_newest_public_comp.html
Judgment against Andrew Reid for breach of contract and for $206,798.93 bucks. And he didn't bother to show up for court.
https://docs.google.com/file/d/0B8fPIL-cKPM-U2QtOW11ZF81cU0/edit
Treaty's History of Fake Oil....
Looks like Treaty was salting the Barns lease.
And Jakobot (US Fuels) tried to pull a fast one with the TRRC... Looks a lot like fraud to me...
..
Here's the Proposal for Decision and the Statement of the case. The Supersede was not allowed...
http://www.rrc.state.tx.us/media/9908/7b-80369-mrc.pdf
..
Bruce A. Gwyn and Lee C. Schlesinger banned from doing business in Texas in the oil and gas business.
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
What is Texas Natural Resource Code Section 91.114(a)(2)?
http://www.rrc.state.tx.us/oil-gas/compliance-enforcement/enforcement-activities/91114-general-information/
Then there is Belize!!
PM says Treaty Oil lied about oil find
http://belizenews.com/
No oil in Belize.
New Belize Map out dated June 2013... It shows San Juan well 1 & 2 as "dry holes"... Not even dry hole with gas or oil shows but a "dry hole"...
Treaty calling them not commercially viably is very misleading. Calling them that would imply that some oil was found. The TRUTH is that NO oil was found... NOTHING.
http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize%202000%20-%202013.pdf
It also does not show the Aeromagnetic Survey that Treaty started to do. That is likely because it was never completed.
Screen shot below...
Another map showing all the wells drilled in Belize. There have been some wells with oil shows to the South and West of Treaty's concession. But nowhere near where Treaty is drilling.
Treaty is drilling in the wrong area...
San Juan 3 is another dry hole as shown in this recently updated map from the Belize Geology and Petroleum Department, the same as 1&2 which are only a mile to the south. Like I have said before Treaty went in the WRONG direction in choosing the drilling site for San Juan 3.
No oil in San Juan 3...
http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize.pdf
Screen Shot Below...
That brings something else to mind... How in the heck does Treaty get a claim of 6 million barrels from a dry hole???
It looks as if the whole Belize thing is nothing but a ruse to sell shares.
Wonder what the SEC thinks of this PR about a dry hole??
http://ih.advfn.com/p.php?pid=nmona&article=50943326
All complete Treaty BS...
And how does Treaty report in a 8-K a "pay zone" in a dry hole???
http://www.sec.gov/Archives/edgar/data/1075773/000135448812000365/teco_8k.htm
More Treaty BS...
The Belize Geology and Petroleum Department says the well was a dry hole without ANY gas or oil shows. Soooo it now appears that Treaty was in fact very misleading in reporting the findings in Belize and that the Belize Geology and Petroleum Department was the reality...
Fake Belize Oil Strike in the News...
http://www.youtube.com/watch?v=NbkQouLFmuM&feature=youtu.be
http://www.youtube.com/watch?feature=player_embedded&v=SqXNtQJFg84
http://www.upstreamonline.com/live/article1231931.ece
Treaty's been deceiving investors, the public and the people of Belize all along Treaty has known for some time that they were going to plug San Juan 1,2 and 3.
Treaty has yet to make this info public....
http://edition.channel5belize.com/archives/93511
Belize was nothing but a show for investors.
Jeffrey Mercer VS Ron Blackburn-Treaty Energy
Check out Paragraphs 5,6, and 7 of this court filing from a former investor suing Treaty Energy to get is money back when he realized what Treaty was telling him was a load of BS...
https://docs.google.com/file/d/0B8fPIL-cKPM-YU5yUWxOT3ZhTjQ/edit
.
Treaty also makes wild claims of great things that never happen...
Proof...
Here is a list of the actual..
July 13.0 BOPD 403 Barrels For The Month
June 6.8 BOPD 204 Barrels For The Month
May 3.38 BOPD 105 Barrels For The Month
April 4.36 BOPD 131 Barrels For The Month
March 9.23 BOPD 286 Barrels For The Month
Feb. 17 BOPD 476 Barrels For The Month
Jan. 8.53 BOPD 256 Barrels For The Month
2012
Dec. 5.80 BOPD 180 Barrels For The Month
Nov. 9.83 BOPD 295 Barrels For The Month
Oct. 9.06 BOPD 281 Barrels For The Month
Sept. 9.6 BOPD 288 Barrels For The Month
Aug. 8.06 BOPD 250 Barrels For The Month
July 10.09 BOPD 313 Barrels For The Month
June 10.37 BOPD 311 Barrels For The Month
May 0.32 BOPD 10 Barrels For The Month
April 0 BOPD 0 Barrels For The Month
March 0 Treaty acquired C&C Petroleum, operator #120104
Feb 0 BOPD 0 Barrels For The Month
Jan 0 BOPD 0 Barrels For The Month
2011
C&C Petroleum Operator #120104
Production by Filing Operator
http://webapps.rrc.state.tx.us/PR/initializePublicQueriesMenuAction.do
This is what Treaty told the world and investors. All turned out to be a complete fantasy...
On 4/12/2011
"Production on these leases for the last reported month of January 2011 was 379 BBLS of sweet crude oil."
http://ih.advfn.com/p.php?pid=nmona&article=47263045
On 4/20/2011
"SHOTWELL W. F. and the SHOTWELL "C" leases.
Treaty indicated that production on these leases is currently 4.18 barrels of oil per day"
http://ih.advfn.com/p.php?pid=nmona&article=47375429
On 5/23/2011
"Mr. Reid added, "With the addition of the 8 leases announced today, I believe that Texas oil production should reach 1200 barrels in June and will grow monthly, as wells are reworked on all of our Texas leases. The goal that we have set for Treaty is to be producing at the rate of 900-1000 BOPD by the end of this year."
http://ih.advfn.com/p.php?pid=nmona&article=47788854
On 7/6/2011
"Therefore we are projecting monthly oil production for August to be about 1000 BBLS and for September to be about 1250 BBLS."
http://ih.advfn.com/p.php?pid=nmona&article=48339951
On 7/8/2011
"Stephen L. York, President and COO of Treaty Energy Corporation, stated, "With the completion of the SHOTWELL acquisition we now have 13 leases covering 1,900 acres with current production of 35-40 barrels of oil per day."
http://ih.advfn.com/p.php?pid=nmona&article=48373870
On 8/1/2011
"Mr. York commented, "These rework activities are expected to increase our oil production by 300-420 barrels per month over the next two weeks, to about 1500 to 2000 barrels per month. While our stated goal is to bring our Texas oil production to 30,000 barrels of oil per month as soon as practical, the economical steps being taken at this time are crucial to us meeting our long term goals in Texas."
http://ih.advfn.com/p.php?pid=nmona&article=48644305
On 9/8/2011
Mr. York added, "The best estimate of Texas production on the currently owned and paid for leases will be 75 to 90 barrels of oil per day after the rework of the 15 shut in wells. Our goal by the end of 2011 is to be at 200 to 350 barrels of oil per day. This production number can vary based on the number of new wells that are expected to be drilled and completed. We expect to exceed 1,000 barrels per day by the end of June 2012. At $80 per barrel, this will translate to about $29.2 million in gross revenues annually from our Texas oil production alone."
http://ih.advfn.com/p.php?pid=nmona&article=49102561
On 10/4/2011
"Our current production from 35 wells is about 50 BOPD, with production expected to be in excess of 60 BOPD by the end of October."
http://ih.advfn.com/p.php?pid=nmona&article=49409925
On 1/17/2012
"In addition, Mr. York commented, "Treaty remains on track to achieve our previously stated goal of 1000 BOPD by end of June 2012. Current production from existing wells has stabilized and with continuing work-overs we expect production to shortly increase to 1500-2000 barrels per month."
http://ih.advfn.com/p.php?pid=nmona&article=50781875
On 5/7/2012
"With drilling starting almost immediately, Treaty will endeavor to fulfill its goal of 1,000 barrels of oil per day in Texas, as stated in prior news releases."
http://ih.advfn.com/p.php?pid=nmona&article=52304074
Some other links...
1. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104452399
2. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100493666
3. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95722393
4. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97676567
5. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98096320
6. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98096353
7. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86544706
8. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99265092
9. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99697077
..
..
..
Update 19 - SEC charges Treaty with Securities Fraud
SEC Charges New Orleans-Based Energy Company and Executives With Fraudulent Stock Manipulation...
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370543709953#.VI80ZFWJOuY
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-281.pdf
TECO SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-73905.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-73905-o.pdf
The obvious reasons for the SEC charges...
Lawsuits against Treaty that I know of so far...
New lawsuit... Another of Treaty's lawyers suing Treaty... Whitley vs Treaty Energy, breach of contract and non-payment of dept. And look who signed the contract that is Exhibit A... Chris Tesarski Lol!
The complaint:
https://drive.google.com/file/d/0B8fPIL-cKPM-eXdEdUNPMGw3VEE/view
Exhibit A:
https://drive.google.com/file/d/0B8fPIL-cKPM-Q1Y1YlMyaUJiWms/view
Whitley is the Treaty gate keeper lawyer that is also named in the SEC fraud case... The rats turning on each other.
Lord "secret investors" TECO going to .50 a share! 10 million in funding... So much Bullshit.
Folks Treaty Energy is a scam...
And this is revealing... Looks like Weyand is involved in Treaty has much as Blackburn is.
The full filing is here...
https://drive.google.com/file/d/0B8fPIL-cKPM-d1hSTzQ1QmVWeEk/view
This is how Treaty operates... Robert McManus is out $130,000 bucks... and Ronald Blackburn is right in the middle of it...
Robert McManus vs Treaty Energy...
Full filing here...
https://docs.google.com/file/d/0B8fPIL-cKPM-X1pMZGxqVGhFbWc/edit
New Lawsuit filed by Anderson Perforating for breach of contract August 25th...
Default Judgment against Treaty Energy... Again Treaty doesn't show up for court... And Tesarski is literally just down the road.
The original filling...
Lawsuit filed by Anderson Perforating for breach of contract August 25th...
Funny thing is... The lawyer for Anderson Perforating is none other than the lawyer that filed the slander suit against Mack, Colton P. Johnson... And by the way Colton has filed with the court to withdraw from that slander case and Treaty has taken no further action. Likely because what was said was all true. Can't be sued for telling the truth and there is loads of evidence to support that it was in fact true.
Colton Johnson has also been involved with many of the lease assignments...
So now Treaty is being sued by thier own lawyer! LOL!!
The Anderson suit
Seems Tesarski has been ignoring all the bills as well...
Same ole Treaty...
US. Fuels and Treaty Energy being sued for fraud in Callahan County
Has to do with 2 leases Treaty sold Merkaz Oil and Gas Development Company. They say Treaty sold them the Henderson and long lease by fraudulently misrepresenting the facts. Like the fact that there were TRRC issues as in a well plugging and severances. They are looking for more than $200,000 but less than 1 million bucks from Treaty and US. Fuels.
Sounds just like Treaty...
The full filing here...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104560250
Fraud, fraud and more fraud... Gwyn with the help of Reid ripped off his childhood friend... Treaty rips off anybody and everybody.
Holly Crap... Yet another lawsuit, this one for $56,570.00 plus 12% interest that so far as accrued in the amount of $20,365.20 for a total of $76,935.20 for breach of contract and filling filed August 22nd looking for a default judgment because Treaty Energy continues to refuse to pay even after the new great puppet Chris Tesarski has supposedly "taken over"...
Same ole Treaty...
This last suit posted is from a ways back and they are STILL trying to collect from Treaty and taking them to court AGAIN for like the 3rd time... Treaty doesn't intend on paying anybody these guys should get together a take legal action to freeze anything Treaty and co-crooks have... Though it may already be to late... Seems Treaty about to file bankruptcy...
https://docs.google.com/file/d/0B8fPIL-cKPM-Qmw3V3Z6cVV5aFE/edit
Treaty loses in court again... This is a document service company that has something to do with preparing docs for court and Treaty decided to not pay them or even bother to show up in court... Again.
This one for $48,859.50 and the Judgment is final... Treaty must also pay attorneys fees of 25% for $12,214.86 for a total due to WarRoom of $61,074.37 plus 18% interest until paid...
This suit all took place well after Chris Tesarski was appointed.
Blackburn still pulling the strings at Treaty Energy.
Petition.
https://docs.google.com/file/d/0B8fPIL-cKPM-QUI0VlBPdzdTX1E/edit
Judgment...
https://docs.google.com/file/d/0B8fPIL-cKPM-bkhEeUFEbXg3djg/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-U2l4WExDLWhVTVk/edit
ANOTHER default judgment against Treaty and Tesarski is named in the suit... Tesarski also did not bother to show up ... Default Judgment for 13,066.74 totaled...
Click image to enlarge:
Abstract of judgment...
https://drive.google.com/file/d/0B8fPIL-cKPM-NVU5dEllclBrSTA/view
Another default Judgment against Treaty Energy. This after a "payment plan" was set up... And guess what? Treaty didn't make the payments. Treaty has done this many times before, 1 payment then another year of excuses from Treaty and then back to court and Treaty didn't bother to even show up...
This judgment is for 14,142.62 plus 18% interest and attorneys fee's...
Archer Drilling Default Judgment Documents File Date 10/4/2014...
https://drive.google.com/file/d/0B8fPIL-cKPM-SGdnbmFpNVhjX1k/view
Final Default Judgment
https://drive.google.com/file/d/0B8fPIL-cKPM-Vnh5R2g3TjROckU/view
The petition...
https://drive.google.com/file/d/0B8fPIL-cKPM-R3plN1BWSnJDbEk/view
Treaty fails to show for deposition...
Update on Archer Drilling case... Treaty failed to show for a deposition... So much for dealing with these issues in a "timely manner"...
https://drive.google.com/file/d/0B8fPIL-cKPM-OGtBYlRvQzJGaEE/view
The liens, Court filings and "payment plan"...
New Archer Drilling Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-aktuVkFCWG5KR00/edit?usp=sharing&pli=1
Archer Drilling Exhibit A Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-RFViQmYxME1rTjA/edit?usp=sharing&pli=1
Archer drilling lien, The folks that drilled the Madeley $26,785.25
https://docs.google.com/file/d/0B8fPIL-cKPM-a2Z0RDl2STcwUU0/edit?pli=1
And yet ANOTHER!
Universal Well Services suit 8/5/2014...
No Bullshit just Truth...
Click image to enlarge.
Universal well Services liens that pertain to this case and Obviously have not been dealt with since Chris Tesarski the new "Great Treaty leader" took over May 1st...
https://docs.google.com/file/d/0B8fPIL-cKPM-QjBOQllVNVJENDQ/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-Y3Z6Qjg5aEZsM28/edit
Here is the recorded assignment to Aquinas and a map that outlines the 60 acres...
https://docs.google.com/file/d/0B8fPIL-cKPM-a00tMmdON2hnMHM/edit
This "deal" has since fallen apart like many "deals" Treaty claims to have made. The Kanses deal went on for a year before Treaty finnaly admited that the deal did not happen. Turns out it was just more PR fodder...
..
Click image to enlarge
There are no current operators for the leases that make up this area. The 2 operators of the wells that were producing are now delinquent and both have TNR 91.114 flags... The production from these wells has been near zero since 1993 and the wells that have not already been plugged, and at least 4 of them by the state have been, will soon need to be plugged. There are currently at least 4 orphaned wells in this area.
former operators are... 844053 and 777175.
This area is complete garbage, any new wells will produce little oil. Not one well on this 60 acres ever produced 100 BOPD like Treaty claims... There have been 9 dry holes already drilled in this area and the rest are plugging liability's that these folks are unloading on Treaty, and I believe Treaty is aware of this. This is nothing but another scam to unload plugging liability's on another operator and to be use for PR fodder to sell shares...
Treaty has done this scam several times before...
Treaty has finally admitted that this "deal" fell apart. Treaty in all likelihood could not come up with the money and the drilling rig Treaty claimed they would use has been repossessed...
I believe Treaty used Treaty investor money to fund the drilling of a well that would not benefit Treaty shareholders...
Blackburn still at it...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105709870&txt2find=something|smells
There is a permit that has been approved very near the Treaty farm out but not on the acreage that was assigned to Treaty.
The operator is none other than a company run by Don Samples the guy that sold Treaty a worthless interest in the leases next door and the permit for the well is right where I said there was a small area worth drilling that Treaty did not have rights to. Arquinas kept the only worth while area for themselves and Treaty sold investors a load of Bullshit... I didn't need no seismic to see that...
http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=SMITH%2BT.%2BL.&univDocNo=488672971
Another funny thing...
2 of the guys on the board of Aquinas Energy Resources are recent ex-CEO's of Treaty Energy and were paid with boatloads of Treaty stock and a third is a current lawyer...
Samuel Whitney is a lawyer for Treaty (And now also one of the fraudsters Charged by the SEC) and Randall Newton is a past Director and Chairman of Directors for Treaty Energy and Joe Grace was also a CEO for Treaty Energy... It's the same ole gang!
Recycled front men it seems. There are very likely other connections as well.
http://www.sec.gov/Archives/edgar/data/1075773/000111650209001642/teco_8k.htm
http://www.sec.gov/Archives/edgar/data/1075773/000135448809001210/treat8k.htm
..
April Production for Texas Sands leases...
332 barrels for 11.06 BOPD... AGAIN Treaty has been proven to be full of bullshit with the claims they make in there PR's. The PR's are obviously misleading with Treaty's claim of and the same ole same ole bullshit. The in bold statement by Treaty has been proven and proven again to be more PR Bullshit...
http://ih.advfn.com/p.php?pid=nmona&article=62045951
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...
Treaty Energy acquires Texas Sands May 1st.
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
May.... 218 for 7.03 BOPD
June....222 for 7.4 BOPD
July...114 for 3.67 BOPD
August.... No reports
Sept..... No reports
Oct.... No reports
Nov.... No reports
Dec.... No reports
2015
January.... No reports
Chris Tesaski has refused to report production for the Texas Sands leases for months...
So.... Again Nowhere near what Treaty claims in thier PR... And I just proved they are exaggerating the production numbers by a factor of 3 times what was reported to the TRRC...
Same ole Treaty Bullshit to sell shares...
Treaty is also trying to move C&C Petroleum liability's that Heritage oil refused to except because they were not told of those liability's over to Texas Sands...
The scam beat's on...
The Leases TECO sold to Heritage were quitclaimed to Chris Tesarski and Texas Sands January 2014... Treaty gives Chris Tesarski 1.25 million to buy them back along with a few more pluggers and TRRC liability's. Not only that but then Chris takes out loans against the Evans lease for 62,000 bucks...
How is all this beneficial to investors???? Seems it's nothing more than PR fodder to sell more shares...
Some old Treaty leases that Treaty unsuccessfully tried to unload to Heritage Oil looks like are now a plungers responsibility for Texas Sands... LOL!
Brown Unit...
https://drive.google.com/file/d/0B8fPIL-cKPM-WXFnZFh2OHluak0/edit
Compton, Love Compton, Kenard Mabel and Kenard Fiscuss.
https://drive.google.com/file/d/0B8fPIL-cKPM-M2ZjbHZDdWVlVjA/edit
And of course Texas Sands is in need of Money... This Texas Sands and Chris Tesarski thing is really, and I mean really... looking like a new extension of Treaty Energy to get around TRRC compliance issues...
https://drive.google.com/file/d/0B8fPIL-cKPM-OGRZNkx0OExFMVE/edit
Looks like Chris Tesarski is not what he and Treaty has portrayed...
Damm Tesarski! 148 wells ordered abandoned in Saskatchewan!
http://economy.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=13451,13449,3680,3384,5460,2936,Documents&MediaID=9955dfd4-6cbf-4c4e-b7f2-5f4fa66a8711&Filename=April+23%2c+2012.pdf
And Alberta Too... Damm! 16 wells, 4 pipelines and 8 of something else that is not specified in Alberta
https://www.aer.ca/documents/orders/ibo/AbandonmentOrders.pdf
And it seems you DID NOT comply with regulators...
The future for Treaty Energy...
Wow! Tesarsk's WI "investors" got stuck with the costs and the job of plugging 18 wells!!... They must be pissed!!
https://drive.google.com/file/d/0B8fPIL-cKPM-cDMwQ0hJT1lVZlU/view
All of Tesarski's Sandbox Energy equipment forfeited November 26th 2014... Everything!! I would say that confirms that Tesarski did NOT address all the issues with regulators in Canada...
http://economy.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=15437,13449,3680,3384,5460,2936,Documents&MediaID=9f8622d3-75fe-4d5d-9ebf-18f95d6e74f2&Filename=MO+12885-03+Issued+November+27%2c+2014+to+Sandbox+Energy+Corp.pdf
Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
As of 4-3-2015 still no 2013 10-K, 2014 10-Q1, 10-Q2, 10-Q3, 2014 10-K nor the 8-Ks' for The appointment of Chris Tesarski or of the acquisition of Texas Sands.... Seems something has gone wrong again... There is no disputing that 8-K's are required for both those events...
Also no 8-K's for the 3 "new" board members of the the opointment of Chris Tesarskit to CEO of Treaty.
No 8-K's for these as well that Treaty has yet to inform investors about...
The LOI with Aquinas Energy Resources.
Farm out contract with Aquinas Energy Resources.
The appointment of Andrew L. Kramer as Vice President, General Counsel, and Corporate Secretary.
Losing the contract as operator for the Belize Princess Petroleum concession...
The results of drilling in Belize.
The fact that the Paradise concession acquisition fell apart and was not completed.
The 500 well drilling contract.
The involuntary bankruptcy filing.
The Heart Land lawsuit.
C&C Petroleum being put out of business by the TRRC with the denial of a renewed P-5.
Why does Treaty have a bad reputation?
Because they don't pay their bills. Contactors need to resort to legal action to get paid. Nobody likes to have to do that. It's Treaty's MO and it's BS...
Proof...
List of judgments and liens against Treaty Energy.
Stockton lease now 7 liens deep and for close to $650,000.00...
2 more liens against the Stockton lease for a running total of 7...Geeezz!!!
https://docs.google.com/file/d/0B8fPIL-cKPM-VXh1UTRnYzAtOGs/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-V2xGRVY2em5mYWs/edit
Included are two invoices for Port a Johns for like $1400.00 bucks...
Treaty doesn't pay anybody for anything!!!
Heartland law suit for over $400,000.00
https://docs.google.com/file/d/0B8fPIL-cKPM-eDdHM21GdmNKVjg/edit
Universal Well Services $62,482.96...
https://docs.google.com/file/d/0B8fPIL-cKPM-QjBOQllVNVJENDQ/edit
Beasley Drilling Fluids for $26,514.83
https://docs.google.com/file/d/0B8fPIL-cKPM-d2ZXM2taSk1JYzQ/edit
And David Jakobot, Treaty's Operator for the Stockton claims he also has a lien on the Stockton and that he is owed $100,000 bucks. No wonder he wants nothing more to do with Treaty Energy...
Filed by Universal well services.
The Mitchell for $5,496.39...
https://docs.google.com/file/d/0B8fPIL-cKPM-Y3Z6Qjg5aEZsM28/edit
Several of these contracts are sighed by Platon Petratos.
Since when are common investors allowed to sign contracts???
Heartland lien for $383,742.54 That would explain why their is no drilling or completion of the Stockton 3 going on. Treaty has been misleading investors AGAIN...
Also $52,500.00 of it is standby time.
Was it Treaty that said this was not a issue???
https://docs.google.com/file/d/0B8fPIL-cKPM-RGRvZFRkXzVaYVU/edit
New Treaty Judgment...
Treaty needs to pay $141,764.25 To All Energy...
https://docs.google.com/file/d/0B8fPIL-cKPM-SXl3cmlFYW11aFU/edit
Basic Energy services 5,590.35
https://docs.google.com/file/d/0B8fPIL-cKPM-RE1rQXVmM0Z6ZG8/edit
Archer drilling lien, The folks that drilled the Madeley $26,785.25
https://docs.google.com/file/d/0B8fPIL-cKPM-a2Z0RDl2STcwUU0/edit?pli=1
Driller in Belize $65,000.00
https://docs.google.com/file/d/0B8fPIL-cKPM-eng2M0MzajJ1ME0/edit?pli=1
Jims rental lien, $111,810.17
https://docs.google.com/file/d/0B8fPIL-cKPM-ODdhd2dtaTVDYm8/edit?pli=1
J&L Trucking lien &3,388.00
https://docs.google.com/file/d/0B8fPIL-cKPM-SzFETUxUMndEYlE/edit?pli=1
Another J&L Trucking lien $2,653.00
https://docs.google.com/file/d/0B8fPIL-cKPM-TTdHUDhTZHhXTE0/edit?pli=1
Mud company lien $6,726.88
https://docs.google.com/file/d/0B8fPIL-cKPM-LXhxWUE1ZHlOMDQ/edit?pli=1
Recovery equipment for work on the Brown lease $18,444.83
https://docs.google.com/file/d/0B8fPIL-cKPM-N0pGaC1BTGhHUkk/edit?pli=1
Recovery Energy Judgment
https://docs.google.com/file/d/0B8fPIL-cKPM-WmxNNGhtc2l1eU0/edit?pli=1
Shack Energy Services $2,451.55
https://docs.google.com/file/d/0B8fPIL-cKPM-UmFBRDNLeXk1VEE/edit?pli=1
New Archer Drilling Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-aktuVkFCWG5KR00/edit?usp=sharing&pli=1
Archer Drilling Exhibit A Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-RFViQmYxME1rTjA/edit?usp=sharing&pli=1
Oct 2nd Circle K judgment $27,397.40
https://docs.google.com/file/d/0B8fPIL-cKPM-NjhGZTY3NUhZcm8/edit?usp=sharing&pli=1
Treaty also owes Princess Petroleum and the Government of Belize money. Treaty owes the TRRC like $16,000.00 in fines and the Barnes land owner an estimated $70,000.00 in damages as well as the cementer $ 65,000.00. Treaty also still needs to plug the mine well, that is another $60,000.00 - $70,000.00. I'm sure there are many others Treaty has screwed along the way as well.
Treaty also has serious TRRC compliance issues.
Proof...
Master Default Order for Non-compliance...
http://www.rrc.state.tx.us/media/9562/12-04-12-mdo.pdf
TRRC order to plug 8 wells on the McComas lease. All the wells in this order have now been plugged by the State of Texas.
https://docs.google.com/file/d/0B8fPIL-cKPM-dmVRWXota1d1eXM/edit
Treaty's new and the second Master Default Order...
Treaty didn't bother to show up for this one either...
http://www.rrc.state.tx.us/media/9554/01-07-14-mdo.pdf
The violations...
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
Turns out the February 14th "Newsletter" about the McComas Hearing was complete bullshit just as suspected...
The only thing true was that Sean Douglas and a lawyer was at the hearing and apparently didn't have a clue. The hearing was for Treaty to show cause of a good faith claim to having a valid lease on the McComas. Treaty tried to claim they had a lease and wanted to transfer it to another entity. The McComas landowner said otherwise and proved they did not. People attending said both Douglas and Treaty's lawyer were disaster representatives and were ill prepared. There was nothing in the hearing about the Barnes lease said and there was NO AGREEMENT with anybody.
The next step in the process will be a "proposal for decision" for the commissioners to rule on written up by the TRRC enforcement attorneys.
Looks like Treaty lied again and will not be compliant until they can get past all the plugging and damage issues on both the Barnes and McComas leases.
Next to little to nothing ever turns out to be true when it come to Treaty. Treaty's nothing but a bullshitting share selling scam and will say anything to keep investors on the hook...
As of 03-27-2015 none of the claims by Treaty of any sort of compliance with the TRRC have been even remotely true.
Investors should be furious with all the misleading information and down right lies by Treaty Energy...
For Treaty to bring C&C Petroleum back into compliance like Treaty has promised they would a dozen times over the last 2 years, they need to...
Reimburse the State of Texas for plugging the 8 wells on the McComas lease. That's estimated by the State at $94,062.00 and could be more if they ran into problems.
The Barnes lease Wells have now been plugged by the State of Texas. Texas will sue Treaty for reimbursement.
Plug the remaining wells on the Barnes lease that includes the mine well and estimated at $60,000.00 plus the $70,000 in damages and mess left to the surface when Treaty abandoned the lease. Treaty has run out of time to do this... The State of Texas is scheduled to plug them next month. Guess Treaty will need to reimburse the State for these too...
Pay lease fee's of $21,000.00.
Pay the Master Default Order fines of $26,000.00.
Bring into compliance or plug 8 other wells on the leases under C&C for a estimate of $45,000.00
Treaty must also deal with the current 25 Severance issues with the 6 leases under C&C Petroleum... That's 25 Severance issues.
Treaty has done virtually NOTHING to bring C&C Petroleum back into compliance. Treaty has been LYING to investors for years concerning the issues with the TRRC and Lying to the TRRC and they are not amused.
These total $316,062.00
Time estimate... Forever.
The State of Texas will be coming for Treaty Energy soon...
These are all FACTS...That can be found on the TRRC website and that I have post links to and screenshots of many, many times some of which are in this post...
This is how Bruce Gwyn the former President of Treaty Energy conducts "business"... (Resigned March 24th 2014 and now a "consultant")
http://www.nola.com/business/index.ssf/2014/02/metairie_commodity_fund_manage.html#cmpid=nwsltrhead?_wcsid=01C1CA27A5E9FDF25DDFA9AA5EB135A4BE9FB61161E00C691B89DE01E74AF513
NFA...
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0190801&case=13BCC00007&contrib=NFA
Then to top the NFA stuff all off Bruce Gwyn refuses to pay his lawyer...
More problems for Bruce Gwyn. Breach of contract.
Of course...
Sounds just like Treaty Energy doesn't it! LOL!!!
http://louisianarecord.com/news/259546-financial-service-attorney-sues-client-for-allegedly-not-paying-179k-for-representation
All investors and potential investors in Treaty should read this... Particularly paragraphs 12,13,14,15 and 18...
Gwyn apparently has misappropriated and used for his own expenses from these "funds" that he was managing more that $200,000.00 bucks.
http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=3322
On June 12, 2013, NFA issued a Complaint charging L3M and Gwyn with willfully providing incomplete and misleading information to pool participants; failing to observe high standards of commercial honor and just and equitable principles of trade; and providing misleading information to NFA. The Complaint also charged L3M with failing to file a disclosure document or annual financial statement for the fund with NFA; failing to furnish participants in the fund with a financial statement; and failing to comply with CPO quarterly reporting requirements. Finally, the Complaint charged L3M, L3T and Gwyn with failing to cooperate with NFA
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0190801&case=13BCC00007&contrib=NFA
That's what the NFA has concluded. It's all right here...
http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=3322
And the NFA has already taken action...
Andrew Reid barred from working as a broker by FINRA...
https://docs.google.com/file/d/0B8fPIL-cKPM-ZHZfaV9KSWVEQUE/edit
The Financial Industry Regulatory Authority's database indicates that Reid is no stranger to securities fraud.
In 2002, while working for Williams Financial Group in Dallas, Reid took a $10,090.58 check from a customer and deposited it in his own account rather than forwarding it to the firm. When Reid failed to respond, the National Association of Securities Dealers barred him from association with any member firm.
In 2004, Reid was accused of unsuitable trading and investing, fraud, negligence and violating state and federal securities regulations that caused $6 million in damage to investors. After arbitration, the case was settled in 2006 for $35,000.
In 2003, Reid's employer, Corporate Securities Group, filed a complaint alleging "unsuitable investment" in municipal bonds that caused more than $100,000 of damage. Arbitration is pending.
In 2001, while working for First Allied Securities in San Diego, Reid was accused of having an unexplained debit balance of $60,321.09. The case was settled for $290.
In 2001, GMS Group of New Jersey accused Reid, who worked for the firm, of making "unsuitable recommendations, misrepresentations and breach of contract in connection with their investments in certain high yield corporate debt and other securities" resulting in damages of $200,000. The case was settled in arbitration for $106,275.
http://www.nola.com/business/index.ssf/2010/12/new_orleans_newest_public_comp.html
Judgment against Andrew Reid for breach of contract and for $206,798.93 bucks. And he didn't bother to show up for court.
https://docs.google.com/file/d/0B8fPIL-cKPM-U2QtOW11ZF81cU0/edit
Treaty's History of Fake Oil....
Looks like Treaty was salting the Barns lease.
And Jakobot (US Fuels) tried to pull a fast one with the TRRC... Looks a lot like fraud to me...
..
Here's the Proposal for Decision and the Statement of the case. The Supersede was not allowed...
http://www.rrc.state.tx.us/media/9908/7b-80369-mrc.pdf
..
Bruce A. Gwyn and Lee C. Schlesinger banned from doing business in Texas in the oil and gas business.
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
What is Texas Natural Resource Code Section 91.114(a)(2)?
http://www.rrc.state.tx.us/oil-gas/compliance-enforcement/enforcement-activities/91114-general-information/
Then there is Belize!!
PM says Treaty Oil lied about oil find
http://belizenews.com/
No oil in Belize.
New Belize Map out dated June 2013... It shows San Juan well 1 & 2 as "dry holes"... Not even dry hole with gas or oil shows but a "dry hole"...
Treaty calling them not commercially viably is very misleading. Calling them that would imply that some oil was found. The TRUTH is that NO oil was found... NOTHING.
http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize%202000%20-%202013.pdf
It also does not show the Aeromagnetic Survey that Treaty started to do. That is likely because it was never completed.
Screen shot below...
Another map showing all the wells drilled in Belize. There have been some wells with oil shows to the South and West of Treaty's concession. But nowhere near where Treaty is drilling.
Treaty is drilling in the wrong area...
San Juan 3 is another dry hole as shown in this recently updated map from the Belize Geology and Petroleum Department, the same as 1&2 which are only a mile to the south. Like I have said before Treaty went in the WRONG direction in choosing the drilling site for San Juan 3.
No oil in San Juan 3...
http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize.pdf
Screen Shot Below...
That brings something else to mind... How in the heck does Treaty get a claim of 6 million barrels from a dry hole???
It looks as if the whole Belize thing is nothing but a ruse to sell shares.
Wonder what the SEC thinks of this PR about a dry hole??
http://ih.advfn.com/p.php?pid=nmona&article=50943326
All complete Treaty BS...
And how does Treaty report in a 8-K a "pay zone" in a dry hole???
http://www.sec.gov/Archives/edgar/data/1075773/000135448812000365/teco_8k.htm
More Treaty BS...
The Belize Geology and Petroleum Department says the well was a dry hole without ANY gas or oil shows. Soooo it now appears that Treaty was in fact very misleading in reporting the findings in Belize and that the Belize Geology and Petroleum Department was the reality...
Fake Belize Oil Strike in the News...
http://www.youtube.com/watch?v=NbkQouLFmuM&feature=youtu.be
http://www.youtube.com/watch?feature=player_embedded&v=SqXNtQJFg84
http://www.upstreamonline.com/live/article1231931.ece
Treaty's been deceiving investors, the public and the people of Belize all along Treaty has known for some time that they were going to plug San Juan 1,2 and 3.
Treaty has yet to make this info public....
http://edition.channel5belize.com/archives/93511
Belize was nothing but a show for investors.
Jeffrey Mercer VS Ron Blackburn-Treaty Energy
Check out Paragraphs 5,6, and 7 of this court filing from a former investor suing Treaty Energy to get is money back when he realized what Treaty was telling him was a load of BS...
https://docs.google.com/file/d/0B8fPIL-cKPM-YU5yUWxOT3ZhTjQ/edit
.
Treaty also makes wild claims of great things that never happen...
Proof...
Here is a list of the actual..
July 13.0 BOPD 403 Barrels For The Month
June 6.8 BOPD 204 Barrels For The Month
May 3.38 BOPD 105 Barrels For The Month
April 4.36 BOPD 131 Barrels For The Month
March 9.23 BOPD 286 Barrels For The Month
Feb. 17 BOPD 476 Barrels For The Month
Jan. 8.53 BOPD 256 Barrels For The Month
2012
Dec. 5.80 BOPD 180 Barrels For The Month
Nov. 9.83 BOPD 295 Barrels For The Month
Oct. 9.06 BOPD 281 Barrels For The Month
Sept. 9.6 BOPD 288 Barrels For The Month
Aug. 8.06 BOPD 250 Barrels For The Month
July 10.09 BOPD 313 Barrels For The Month
June 10.37 BOPD 311 Barrels For The Month
May 0.32 BOPD 10 Barrels For The Month
April 0 BOPD 0 Barrels For The Month
March 0 Treaty acquired C&C Petroleum, operator #120104
Feb 0 BOPD 0 Barrels For The Month
Jan 0 BOPD 0 Barrels For The Month
2011
C&C Petroleum Operator #120104
Production by Filing Operator
http://webapps.rrc.state.tx.us/PR/initializePublicQueriesMenuAction.do
This is what Treaty told the world and investors. All turned out to be a complete fantasy...
On 4/12/2011
"Production on these leases for the last reported month of January 2011 was 379 BBLS of sweet crude oil."
http://ih.advfn.com/p.php?pid=nmona&article=47263045
On 4/20/2011
"SHOTWELL W. F. and the SHOTWELL "C" leases.
Treaty indicated that production on these leases is currently 4.18 barrels of oil per day"
http://ih.advfn.com/p.php?pid=nmona&article=47375429
On 5/23/2011
"Mr. Reid added, "With the addition of the 8 leases announced today, I believe that Texas oil production should reach 1200 barrels in June and will grow monthly, as wells are reworked on all of our Texas leases. The goal that we have set for Treaty is to be producing at the rate of 900-1000 BOPD by the end of this year."
http://ih.advfn.com/p.php?pid=nmona&article=47788854
On 7/6/2011
"Therefore we are projecting monthly oil production for August to be about 1000 BBLS and for September to be about 1250 BBLS."
http://ih.advfn.com/p.php?pid=nmona&article=48339951
On 7/8/2011
"Stephen L. York, President and COO of Treaty Energy Corporation, stated, "With the completion of the SHOTWELL acquisition we now have 13 leases covering 1,900 acres with current production of 35-40 barrels of oil per day."
http://ih.advfn.com/p.php?pid=nmona&article=48373870
On 8/1/2011
"Mr. York commented, "These rework activities are expected to increase our oil production by 300-420 barrels per month over the next two weeks, to about 1500 to 2000 barrels per month. While our stated goal is to bring our Texas oil production to 30,000 barrels of oil per month as soon as practical, the economical steps being taken at this time are crucial to us meeting our long term goals in Texas."
http://ih.advfn.com/p.php?pid=nmona&article=48644305
On 9/8/2011
Mr. York added, "The best estimate of Texas production on the currently owned and paid for leases will be 75 to 90 barrels of oil per day after the rework of the 15 shut in wells. Our goal by the end of 2011 is to be at 200 to 350 barrels of oil per day. This production number can vary based on the number of new wells that are expected to be drilled and completed. We expect to exceed 1,000 barrels per day by the end of June 2012. At $80 per barrel, this will translate to about $29.2 million in gross revenues annually from our Texas oil production alone."
http://ih.advfn.com/p.php?pid=nmona&article=49102561
On 10/4/2011
"Our current production from 35 wells is about 50 BOPD, with production expected to be in excess of 60 BOPD by the end of October."
http://ih.advfn.com/p.php?pid=nmona&article=49409925
On 1/17/2012
"In addition, Mr. York commented, "Treaty remains on track to achieve our previously stated goal of 1000 BOPD by end of June 2012. Current production from existing wells has stabilized and with continuing work-overs we expect production to shortly increase to 1500-2000 barrels per month."
http://ih.advfn.com/p.php?pid=nmona&article=50781875
On 5/7/2012
"With drilling starting almost immediately, Treaty will endeavor to fulfill its goal of 1,000 barrels of oil per day in Texas, as stated in prior news releases."
http://ih.advfn.com/p.php?pid=nmona&article=52304074
Some other links...
1. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104452399
2. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100493666
3. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95722393
4. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97676567
5. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98096320
6. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98096353
7. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86544706
8. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99265092
9. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99697077
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