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Saturday, July 11, 2015 10:47:12 PM
Update 21 - 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
Treaty Energy is now 6 quarters delinquent with SEC filings...
2013 10-K, 2014 10-Q1, 10-Q2 , 10-Q3, 10-Q4 and 2015 Q-1
The last two since being suspended by the SEC for failure to file.
The last 4 while Chris Tesarski was supposedly put "in charge".
And the Last 6 after Treat's gang of cons found out the SEC was investigating them for securities fraud.
Where the heck could these filings BE???
No way Treaty will file delinquent filings. If they are refusing to supply the very documentation to SEC investigators in the SEC securities fraud case, then why the heck would they file delinquent filings??? Treaty won't, and that has been the reason all along that they haven't filed them... The filings would incriminate the lot of them including Tesarski. Treaty has known since late 2013 that the SEC was investigating them for securities fraud, that's when Treaty stopped filing.
No documents from Treaty...
----
Many missing 8-K's that Treaty never filed...
Appointment of Chris Tesarski
Appointment of Andrew Kramer
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.
Chris Tesarski is also committing fraud... Same ole Treaty Bullshit.
Chris Tesarski's lie after lie after lie!! From the September 15th "update"...
Another BIG FAT Tesarski lie!...
Turns out it was all Bullshit!Tesarski has now "officially" engaged auditors like 3 times and yet there are NO filings... Typical penny stock CEO lying Bullshit...
Tesarski has been saying his priority is to get SEC compliant and yet nothing has been done, and in fact, it has gotten so bad that the SEC suspended TECO for delinquent filings relegating TECO to the Grey Market, and this while on Tesarski's watch and while claiming getting filings done was his number one priority LOL!
Lie after lie after lie...
Treaty has serious TRRC compliance issues.
New TRRC Non-Compliance issues. The State of Texas will be plugging 14 more wells on 3 of Treaty's leases... The cost will be around $125,000 bucks + administrative fees and penalty's... Chris Tesarski is doing a great job of refusing to comply with the many TRRC compliance issues.
Page 26
http://www.rrc.state.tx.us/media/29349/wells-remaining-06_15.pdf
Treaty Energy continues to REFUSE to deal with the many TRRC regulatory issues... They just keep piling up.
Click images to enlarge:
..
..
And then of course there are the TRRC Master Default Orders to plug wells on the two Barnes leases and the McComas lease... Treaty Energy/Chris Tesarski REFUSED to comply with these orders and these 9 wells were all plugged by the State of Texas.
The Master Default Order to plug 9 wells on the two Barnes leases
http://www.rrc.state.tx.us/media/9562/12-04-12-mdo.pdf
The TRRC directive to plug 8 wells on the McComas lease. Treaty Energy/Chris Tesarski refused to plug these wells...
https://docs.google.com/file/d/0B8fPIL-cKPM-dmVRWXota1d1eXM/edit?pli=1
The Master Default Order To plug the 9th well, well 20 on the McComas lease that Treaty Energy drilled and promoted as a gusher, It was nothing of the sort and in fact Treaty was simply swabbing the well... Treaty Energy refused to repair or plug this well when TRRC test showed the casing was leaking. There also was several other willful and neglectful violations of oil contamination of the surrounding soil. The State of Texas plugged this well as well because Treaty Energy/Chris Tesarski refused to comply.The Texas State Attorney General will be suing Treaty Energy to recover the costs of plugging these 32 wells on the Barnes and McComas leases as well as additional civil penalty's and legal fees.
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
Chris Tesarski's pervious Oil and gas compliance issues... Tesarski DID NOT comply with regulators in Canada as well.
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... Damn! 16 wells, 4 pipelines and 8 of something else that is not specified in Alberta
https://www.aer.ca/documents/orders/ibo/AbandonmentOrders.pdf
The future for Treaty Energy...
Hey Tesarski... It is you not telling the whole story. Fact is this was all unknown to Treaty investors until agaistallodds found a link to your regulatory non-compliance in Canada and the Bullshit about the McComas wells was obvious lies that can and have been proven to be just that... Lies
Hey Tesarski you're lying again... NON-compliance! Your WI partner got stuck plugging the wells. Tesarsk's WI "investors" got stuck with the costs and the job of plugging these wells!!... They must be pissed!!
https://drive.google.com/file/d/0B8fPIL-cKPM-cDMwQ0hJT1lVZlU/view
Discussions are ongoing in Canada??
Click image to enlarge:
And Just like Treaty you wrote the ERCB a BAD Check!! LOL! And still refused to comply... No "half truths" here... Are you saying the ERCB is lying???
Still not complying...
http://www.canlii.org/en/ab/absrb/doc/2014/2014absrb433/2014absrb433.html
If you are "currently in discussions to resolve outstanding issues" Then why have all of Sandbox Energy's assets been for forfeited November 26th 2014??? And why do you con-men always need to negotiate with regulators?? Why not follow the rules like everybody else has too???
All Sandbox Energy assets forfeited here:
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
Tesarksi is pulling the same exact Bullshit with the TRRC in Texas that he has with regulators and land owners in Canada... Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
Same ole Treaty Bullshit.
Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
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.
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
..
Chris Tesarski's sale of Texas Sands Operating and the 10 leases turned out to be ANOTHER scam to scam "investors" out of 1.25 million bucks for leases worth nothing near that.
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
February.... No reports
Chris Tesaski has refused to report production for the Texas Sands leases for months and never did report production. These leases have now been transferred.
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...
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.
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.sanpedrosun.com/business-and-economy/2012/01/31/ministry-of-natural-resources-refutes-claim-of-oil-discovery-in-southern-belize/
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
Update 20 link here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114528851
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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
Treaty Energy is now 6 quarters delinquent with SEC filings...
2013 10-K, 2014 10-Q1, 10-Q2 , 10-Q3, 10-Q4 and 2015 Q-1
The last two since being suspended by the SEC for failure to file.
The last 4 while Chris Tesarski was supposedly put "in charge".
And the Last 6 after Treat's gang of cons found out the SEC was investigating them for securities fraud.
Where the heck could these filings BE???
No way Treaty will file delinquent filings. If they are refusing to supply the very documentation to SEC investigators in the SEC securities fraud case, then why the heck would they file delinquent filings??? Treaty won't, and that has been the reason all along that they haven't filed them... The filings would incriminate the lot of them including Tesarski. Treaty has known since late 2013 that the SEC was investigating them for securities fraud, that's when Treaty stopped filing.
No documents from Treaty...
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Many missing 8-K's that Treaty never filed...
Appointment of Chris Tesarski
Appointment of Andrew Kramer
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.
Chris Tesarski is also committing fraud... Same ole Treaty Bullshit.
Chris Tesarski's lie after lie after lie!! From the September 15th "update"...
Another BIG FAT Tesarski lie!...
Turns out it was all Bullshit!Tesarski has now "officially" engaged auditors like 3 times and yet there are NO filings... Typical penny stock CEO lying Bullshit...
Tesarski has been saying his priority is to get SEC compliant and yet nothing has been done, and in fact, it has gotten so bad that the SEC suspended TECO for delinquent filings relegating TECO to the Grey Market, and this while on Tesarski's watch and while claiming getting filings done was his number one priority LOL!
Lie after lie after lie...
Treaty has serious TRRC compliance issues.
New TRRC Non-Compliance issues. The State of Texas will be plugging 14 more wells on 3 of Treaty's leases... The cost will be around $125,000 bucks + administrative fees and penalty's... Chris Tesarski is doing a great job of refusing to comply with the many TRRC compliance issues.
Page 26
http://www.rrc.state.tx.us/media/29349/wells-remaining-06_15.pdf
Treaty Energy continues to REFUSE to deal with the many TRRC regulatory issues... They just keep piling up.
Click images to enlarge:
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And then of course there are the TRRC Master Default Orders to plug wells on the two Barnes leases and the McComas lease... Treaty Energy/Chris Tesarski REFUSED to comply with these orders and these 9 wells were all plugged by the State of Texas.
The Master Default Order to plug 9 wells on the two Barnes leases
http://www.rrc.state.tx.us/media/9562/12-04-12-mdo.pdf
The TRRC directive to plug 8 wells on the McComas lease. Treaty Energy/Chris Tesarski refused to plug these wells...
https://docs.google.com/file/d/0B8fPIL-cKPM-dmVRWXota1d1eXM/edit?pli=1
The Master Default Order To plug the 9th well, well 20 on the McComas lease that Treaty Energy drilled and promoted as a gusher, It was nothing of the sort and in fact Treaty was simply swabbing the well... Treaty Energy refused to repair or plug this well when TRRC test showed the casing was leaking. There also was several other willful and neglectful violations of oil contamination of the surrounding soil. The State of Texas plugged this well as well because Treaty Energy/Chris Tesarski refused to comply.The Texas State Attorney General will be suing Treaty Energy to recover the costs of plugging these 32 wells on the Barnes and McComas leases as well as additional civil penalty's and legal fees.
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
Chris Tesarski's pervious Oil and gas compliance issues... Tesarski DID NOT comply with regulators in Canada as well.
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... Damn! 16 wells, 4 pipelines and 8 of something else that is not specified in Alberta
https://www.aer.ca/documents/orders/ibo/AbandonmentOrders.pdf
The future for Treaty Energy...
Hey Tesarski... It is you not telling the whole story. Fact is this was all unknown to Treaty investors until agaistallodds found a link to your regulatory non-compliance in Canada and the Bullshit about the McComas wells was obvious lies that can and have been proven to be just that... Lies
Hey Tesarski you're lying again... NON-compliance! Your WI partner got stuck plugging the wells. Tesarsk's WI "investors" got stuck with the costs and the job of plugging these wells!!... They must be pissed!!
https://drive.google.com/file/d/0B8fPIL-cKPM-cDMwQ0hJT1lVZlU/view
Discussions are ongoing in Canada??
Click image to enlarge:
And Just like Treaty you wrote the ERCB a BAD Check!! LOL! And still refused to comply... No "half truths" here... Are you saying the ERCB is lying???
Still not complying...
http://www.canlii.org/en/ab/absrb/doc/2014/2014absrb433/2014absrb433.html
If you are "currently in discussions to resolve outstanding issues" Then why have all of Sandbox Energy's assets been for forfeited November 26th 2014??? And why do you con-men always need to negotiate with regulators?? Why not follow the rules like everybody else has too???
All Sandbox Energy assets forfeited here:
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
Tesarksi is pulling the same exact Bullshit with the TRRC in Texas that he has with regulators and land owners in Canada... Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
Same ole Treaty Bullshit.
Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
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.
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
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Chris Tesarski's sale of Texas Sands Operating and the 10 leases turned out to be ANOTHER scam to scam "investors" out of 1.25 million bucks for leases worth nothing near that.
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
February.... No reports
Chris Tesaski has refused to report production for the Texas Sands leases for months and never did report production. These leases have now been transferred.
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...
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.
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...
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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
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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.sanpedrosun.com/business-and-economy/2012/01/31/ministry-of-natural-resources-refutes-claim-of-oil-discovery-in-southern-belize/
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
Update 20 link here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114528851
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