Just a few months after the Gang of cons found out they were in fact being investigated for securities fraud they put out this provable lie of a PR and also announcing a new front man Chris Tesarski who as we all know now is the same lying scammer as the rest of them are.
That same day I researched the production records for the Texas Sands leases and proved that the past years worth of production wasn't anything near what the gang of cons claimed. The FACT was those leases barely produced 6 BOPD.
The REAL Production rates taken from a year of data from January 2013 to January 2014...
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 todays PR...
And in the 9 months AFTER Treaty took over those leases (May 1st 2014 to January 30th 2015). They produced as was reported to the TRRC 2.56 BOPD for the next nine months before the leases were transferred to Lawrence Energy...
Lease 29495... Zero
Lease 29359... Zero
Lease 11225... 219
Lease 23568... Zero
Lease 21570... 414
Lease 21849... Zero
Lease 22814... 60
Lease 26287... Zero
Lease 125878... Zero.
Lease 139445... Zero.
Total........ 693 barrels for 2.56 BOPD... A very far Cry from the claim of 800,000 bucks a year revenue in the PR of lies. @ 2.56 BOPD and at the then current oil price of around 80 bucks a barrel that would generate 75,000 bucks.
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Buyer Beware Red Flags Galore... Ron Blackburn Scam
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