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I have been lurking here for long time just do not post much.
Jim
Things I have stated have been taken from company's PR and also verified by IR. Also the company will be drilling onshore the first several wells. The offshore drilling is actually on the many islands that are on the concession so not really offshore. The Joint Venture is 50/50 again as PRed 50% for Princess, 50% to Treaty. Again as I have said before just called the IR person that why he is there.
Jim
So Mav what is this is an internationally PR puppy mill? So what you are saying is the company, Treaty, got an international newspaper to run this story. HUMMMM yay I going to go with that
Jim
Princess team plans to drill for oil in Medina Bank and Monkey River area Excellent!Very GoodGoodFairPoor Rating: 5 / 5 (2 votes)
Posted: 06/05/2011 - 10:45 AM
Author: Adele Ramos - adelescribe@gmail.com
Treaty Energy Corporation, partner of Princess Petroleum in Belize, announced today that it is moving ahead with plans to drill for oil in Southern Belize, in the Stann Creek and Toledo Districts, including inside the village of Medina Bank, a Maya village listed in the Maya Land Rights case lodged in 2009, where Maya activists say no drilling should proceed without consultation with their communities.
An update posted today, Tuesday, May 3, said the company has selected the first of 5 areas from among “innumerable” or countless such sites in Belize.
It also said that it has identified “the first eight drilling locations” on the onshore or terrestrial portion of the Princess concession. This portion of the concession covers 200,000 acres, while the offshore area is 1.8 million acres.
Amandala has studied the coordinates of the well sites released by Treaty, and we found some of them to be located in an area west of Big Creek, where the Stann Creek and Toledo Districts meet, going south towards Monkey River.
Of note is that the concession includes a range of forest reserves, including Bladen Swasey, Deep River, Maya Mountain and Mango Creek.
Treaty says that Area #2, located right off Monkey River Road, is “very encouraging” and “shows promise for many wells,” as deep as 1,200 feet.
According to today’s news update, Andrew V. Reid, Treaty Energy’s CEO has announced that, they have also engaged a Belize City law firm to set up a local company, Treaty Belize Energy, Ltd.
“All of our business activities in Belize will be handled through this wholly owned subsidiary,” Treaty said.
Reid also indicated that they are also in the process of evaluating a Guatemalan company, which may be hired to drill the wells in Belize. It added, however, that other companies are also being considered.
TECO migrates to the OTCQB tier of the OTC Marketplace
Quote:
--------------------------------------------------------------------------------
A supplied explanation from the Treaty IR to answer why Treaty is falsely listed as a pink in certain places and not correctly as a OTCQB
--------------------------------------------------------------------------------
Treaty's Investors Relation, Osprey Partners, explains that TECO has migrated from the OTCBB quotation and trading system to the OTC Markets Group Inc. quotation and trading system - TECO's stock is now quoted on the OTC Markets (www.otcmarkets.com/stock/apdn/quote) OTCQB tier. OTC Markets provides free level II real time quotes.
This change was caused as a result of a large migration of brokers from the OTCBB quotation system to the OTC Markets quotation system. OTC Markets provides an electronic platform contrary to the OTCBB quotation system which continues to operate on a telephonic trading platform. This change was not caused by any action or inaction by TECO. TECO continues to be in full compliance with all of its reporting requirements. According to otcmarkets.com, in the past 30 calendar days, there have been 837 publicly traded companies that have moved from being dually quoted (OTCBB and OTC Link) to being quoted exclusively on the OTC Link platform. As of the end of last week, priced quotes published on OTC Link made up 95% of priced quotes in the OTC marketplace. This movement shows brokers' continued support of the electronic OTC Link system, as they migrate to quote exclusively on this platform.
Trading information for TECO may take a while to be updated in some trading platforms and quotation systems for example, YAHOO which continues to falsely list TECO as a pink sheet. For current stock quotes for TECO, investors can always go to the www.otcmarkets.com website to stay current on TECO's trading activity and stock price.
About OTC Markets Group, Inc.
OTC Markets Group Inc. operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks. Our OTC Link platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities. In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity-trading venue, after NASDAQ and the NYSE. We categorize the wide spectrum of OTC-traded companies into three tiers - OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB (the U.S. reporting company marketplace for development stage companies), and OTC Pink (the speculative trading marketplace) - so investors can identify the level and quality of information companies provide. To learn more about how OTC Markets Group, Inc. makes the unlisted markets more transparent, informed and efficient, visit www.otcmarkets.com.
agreed the company is very open and IR will respond to most questions. I say if a person has a question about the goings in the company they should just call.
Jim
What is this?
Treaty Energy Forms 'Treaty Belize Energy, Ltd'
Date : 05/03/2011 @ 9:54AM
Source : PR Newswire
Stock : Treaty Energy Corp (TECO)
Quote : 0.0475 -0.0015 (-3.06%) @ 3:58PM
Treaty Energy Forms 'Treaty Belize Energy, Ltd'
Treaty Energy Corp (USOTC:TECO)
Historical Stock Chart
1 Month : April 2011 to May 2011
Treaty Energy Corporation (OTCQB: TECO), a growth-oriented energy company in the oil and gas industry, today issued substantial information on the Company's progress in Belize.
Andrew V. Reid, Treaty Energy's CEO, indicated, "The first of several items issued today is that Treaty Energy Corporation has engaged a law firm in Belize City, Belize, for the purpose of forming a Belizean corporation to be named Treaty Belize Energy, Ltd. All of our business activities in Belize will be handled through this wholly owned subsidiary. As of May 2nd Treaty was told by our Belizean law firm that all filings were done and we are waiting on the 'Certificate of Incorporation' which we expect from the registry promptly."
Mr. Reid also explained that Treaty has selected the following five 'AREAS' as the first of innumerable well sites and has identified the first eight drilling locations that are to be drilled on the land portion of the Princess/Treaty Concession.
AREA #1: Elevation – 108'
a) Start of gas/inner gas seal
16 degrees 32.026'
88 degrees 29.992'
b) End gas/begin oil
16 degrees 32.035'
88 degrees 29.823'
c) End inner oil seal
16 degrees 31.989'
88 degrees 30.457'
d) End oil seal
16 degrees 31.990'
88 degrees 31.466'
Well locations on this formation:
Well #1
16 degrees 31,971'
88 degrees 30.443' Depth to top of formation – Depth 1200'
Well #2
16 degrees 31.034'
88 degrees 29.819' Depth to top of formation – Depth 1400'
Well #3
this well is staked 500' from well #2 above
AREA #2: This very encouraging location is right off Monkey River Road, and shows promise for many wells.
a) Start of oil/inner seal
16 degrees 27.487'
88 degrees 30.482'
b) End oil/begin gas
16 degrees 27.283'
88 degrees 30.596'
c) End gas / inner gas seal
16 degrees 27.015'
88 degrees 30.714'
d) Outer gas seal
16 degrees 26.957'
88 degrees 30.734'
This location was staked with one well location approximately 20' back from the seal on the oil side. Due to lack of time on this formation further study will be done. The one well is expected to be 1200' deep to the top of the formation.
The Company has been informed by the geoscience team identifying these drilling locations that we can expect multiple wells on this formation at about 600' intervals.
AREA # 3: This third formation is located near the end of Monkey River Road. A well location has not been chosen on this location as of yet because it will require clearing certain areas to obtain access to specific drilling locations.
Location of this formation:
a) Outside gas seal
16 degrees 23.739'
88 degrees 31.089'
b) Start gas / inner gas seal
16 degrees 23.710'
88 degrees 31.093'
c) End gas / begin oil
16 degrees 23.465'
88 degrees 31.131'
d) End oil / inner oil seal
16 degrees 23.113'
88 degrees 30.457'
e) End oil seal
16 degrees 31.990'
88 degrees 30.466'
AREA # 4: This fourth formation was along Southern Highway toward Punta Gorda.
Location of this formation:
a) Start oil / inner oil seal
16 degrees 28.908'
88 degrees 40.460'
b) End oil / begin gas
16 degrees 29.067'
88 degrees 40.656'
c) End gas / inner gas seal
16 degrees 29.206'
88 degrees 40.813'
The first well staked is close to Southern Highway inside a guarded area that will be easy to drill. The second well is located about 50' off a good dirt road.
Well #1 Elev 85'
16 degrees 28.299'
88 degrees 40.491' Depth 1350'
Well #2 Elev 135'
16 degrees 28.783'
88 degrees 40.552' Depth 1400'
AREA #5: This fifth location is on Southern Highway in Medina Bank.
a) Start oil / inner oil seal
16 degrees 26.556'
88 degrees 44.710'
b) End oil / begin gas
16 degrees 25.965'
88 degrees 44.809'
c) End gas / inner gas seal
16 degrees 25.767'
88 degrees 44.843'
Well #1
16 degrees 26.553'
88 degrees 44.732' Depth 1350'
Well #2
16 degrees 26.497'
88 degrees 44.495' Depth 1400'
In conclusion, CEO Andrew Reid indicated, "We are now in the final process with regard to contracting a drilling company. We are currently evaluating a highly qualified company out of Guatemala City, but other companies are also being considered, some of which are based in the United States. It has been determined that an air drilling approach would be very successful in the areas that we will be exploring. Since air drilling can be faster and would likely create less contamination and/or damage to the oil bearing formations, all factors are being considered prior to issuing the contract for the first well."
About Treaty Energy Corporation
Treaty is engaged in the acquisition, development and production of oil and natural gas. Treaty acquires and develops oil and gas leases which have "proven but undeveloped reserves" at the time of acquisition. These properties are not strategic to large exploration-oriented oil and gas companies. This strategy allows Treaty to develop and produce oil and natural gas with tremendously decreased risk, cost and time involved in traditional exploration. For more information go to: www.treatyenergy.com
Forward-Looking Statements:
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, raising working capital and securing other financing; responding to competition and rapidly changing technology; and other risks. These risks are detailed in the Company's filings with the Securities and Exchange Commission, including Forms 10-KSB, 10-QSB and 8-K. Actual results may differ materially from such forward-looking statements.
Contact:
Osprey PartnersTel: 732-292-0982Fax: 732-528-9065investors@treatyenergy.com
SOURCE Treaty Energy Corporation
Wall just got bigger @ .054 to 210000
Thanks
Jim
We just got our TRRC number and just bought a drilling rig give it time to show update on the website. We all know how fast the government update websites.
Jim
How are you right on this one, there will be updates on Kansas as they close each of the 50 leases. It is like closing on 50 houses each title has to be researched. I would hold judgement if I was you.
Jim
Fm u have been pretty much spot on with Treaty I just I would not been so bullheaded and taken ur advice earlier this is not to influence anyone just saying it was my choice to put my money here. I did have a low entrance point so that is nice
Jim
Fm people complain if Treaty puts out too few PRs or too many. I say let the company say what too many or too few and the that important for investors to know. I say let the investor read the progress the company is making and decide for themself if they want to invest in Treaty. No one is forcing anyone to invest here it a choice. I for one am enjoying the information released by the company
Jim
I like part
Andrew V. Reid, Treaty Energy's CEO, indicated, "The first of several items issued today
Does this mean more is coming today
Jim
interesting that barchart.com still has TECO as a strong buy
Jim
Me too NYR2 and I do not think it is very far away from being PRed
It is real company with Texas Leases, a drilling rig, drilling sites, drilling contracts, and Belize will be drilling end of May or mid June this is going be real interesting and mix in Kansas
Jim
really with what is going at the company, we will see I guess
The company still has the same game plan Texas leases, Kansas fields, and Belize is going to drilling soon so if I be glad if it drops back to .015
The pump group is gone now it is back to reality and TECO has a bright future it is not going to happen over night
what does this mean:
- Securities Registration: Employee Benefit Plan (S-8)
Date : 02/23/2011 @ 10:49AM
Source : Edgar (US Regulatory)
Stock : (TECO)
Quote : 0.008 0.0 (0.00%) @ 8:07AM
- Securities Registration: Employee Benefit Plan (S-8)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
TREATY ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
NEVADA 86-0884116
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
440 Louisiana, Suite 1400 Houston, Texas 77002
(Address of principal executive offices) (zip code)
TREATY ENERGY CORPORATION 2011 STOCK BENEFIT PLAN
(Full title of plan)
Nevada Corporate Headquarters, Inc.
101 Convention Center Drive, Suite 700
Las Vegas, NV 89109
(Name and address of agent for service)
(905) 332 – 3110
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered Amount
to be
Registered Proposed
Maximum
Offering
Price Per Share Proposed
Maximum
Aggregate
Offering Price Amount of
Registration
Fee
Common Stock, $0.001 par value per share 100,000,000 $0.008 $800,000 $92.33
(1) Calculated for purposes of calculating the registration fee as of the closing price on February 17, 2011 pursuant to Rule 457(c).
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Omitted pursuant to the General Instructions of Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents which we have filed with the Securities and Exchange Commission (the “Commission”) are incorporated herein by reference:
(a) Our Annual Report on Form 10-K for the year ended December 31, 2009;
(b) All other reports filed pursuant to Sections 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), since the end of the fiscal year covered by the document referred to in (a) above; and
(c) Description of our common stock contained or incorporated in the registration statements we filed under the Exchange Act, including any amendments or reports filed for the purpose of updating such description.
All documents that we subsequently filed with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part of this Registration Statement from the date of filing of such documents.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
None.
Item 6. Indemnification of Directors and Officers.
As permitted by the provisions of the Nevada Revised Statutes (the "NRS"), the Company has the power to indemnify any person made a party to an action, suit or proceeding by reason of the fact that they are or were a director, officer, employee or agent of the Company, against expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred by them in connection with any such action, suit or proceeding if they acted in good faith and in a manner which they reasonably believed to be in, or not opposed to, the best interest of the Company and, in any criminal action or proceeding, they had no reasonable cause to believe their conduct was unlawful. Termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, does not, of itself, create a presumption that the person did not act in good faith and in a manner which they reasonably believed to be in or not opposed to the best interests of the Company, and, in any criminal action or proceeding, they had no reasonable cause to believe their conduct was unlawful.
The Company must indemnify a director, officer, employee or agent of the Company who is successful, on the merits or otherwise, in the defense of any action, suit or proceeding, or in defense of any claim, issue, or matter in the proceeding, to which they are a party because they are or were a director, officer employee or agent of the Company, against expenses actually and reasonably incurred by them in connection with the defense.
--------------------------------------------------------------------------------
The Company may provide to pay the expenses of officers and directors incurred in defending a civil or criminal action, suit or proceeding as the expenses are incurred and in advance of the final disposition of the action, suit or proceeding, upon receipt of an undertaking by or on behalf of the director or officer to repay the amount if it is ultimately determined by a court of competent jurisdiction that they are not entitled to be indemnified by the Company.
The NRS also permits a corporation to purchase and maintain liability insurance or make other financial arrangements on behalf of any person who is or was a director, officer, employee or agent of the Company, or is or was serving at the request of the corporation as a director, officer, employee or agent, of another corporation, partnership, joint venture, trust or other enterprise for any liability asserted against them and liability and expenses incurred by them in their capacity as a director, officer, employee or agent, or arising out of their status as such, whether or not the Company has the authority to indemnify them against such liability and expenses.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
EXHIBIT NUMBER DESCRIPTION
4.1 Articles of Incorporation (incorporated by reference to our Form 10-SB filed on November 10, 1999 and amended as of January 28, 2011)
4.2 Bylaws (incorporated by reference to our Form 10-SB filed on November 10, 1999)
5.1 Opinion of Whitley LLP Attorneys at Law regarding the legal validity of the shares of common stock being registered on this Registration Statement
23.1 Consent of Counsel (contained in Exhibit 5.1)
23.2 Consent of Independent Registered Public Accounting Firm
Item 9. Undertakings.
We hereby undertake:
(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i.) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933, as amended (the “Securities Act”);
(ii.) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement;
(iii.) To include any material information with respect to the plan of distribution.
Paragraphs (1)(i) and (1)(ii) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports we filed pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.
--------------------------------------------------------------------------------
(1) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(2) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(3) We hereby undertake that, for purposes of determining any liability under the Securities Act, if the securities are offered or sold to a purchaser by means of the following communications, we will be a seller to the purchaser and will be considered to offer or sell such securities to the purchaser:
(i.) Any preliminary prospectus or prospectus relating to the offering required to be filed pursuant to Rule 424;
(ii.) Any free writing prospectus relating to the offering or used or referred to by us;
(iii.) The portion of any other free writing prospectus relating to the offering containing material information about the Company or its securities provided by or on behalf of the Company; and
(iv.) Any other communication that is an offer in the offering made by us to the purchaser.
--------------------------------------------------------------------------------
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Houston, State of Texas, on the 22 nd day of February, 2011.
TREATY ENERGY CORPORATION
By: /s/ Andrew V. Reid
Andrew V. Reid
Chief Executive Officer and President
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-8 has been signed by the following persons in the capacities and on the dates indicated.
Signature
Title Date
/s/ Andrew V. Reid Chief Executive Officer, President, Director 2/22/2011
Andrew V. Reid
/s/ Paul L. Fourt, Jr. Director 2/22/2011
Paul L. Fourt, Jr.
/s/ Dan Olson Director 2/22/2011
Dan Olson
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Link To This Article:
- Current report filing (8-K)
Date : 02/16/2011 @ 3:48PM
Source : Edgar (US Regulatory)
Stock : (TECO)
Quote : 0.0085 -0.0005 (-5.56%) @ 3:57PM
- Current report filing (8-K)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 7, 2010
TREATY ENERGY CORPORATION
(Exact name of Registrant as specified in its charter)
Nevada 000-28015 86-0884116
(State or other jurisdiction of incorporation or organization) Commission File Number (I.R.S. Employer Identification No.)
440 Louisiana, Suite 1400
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (713) 425-5377
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
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ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS: COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On April 7, 2010, Randall Newton resigned as Chief Executive Officer (“CEO”) of Treaty Energy Corporation (“Treaty” or the “Company”). On the same date, the Company’s Board of Directors (“Board”) appointed Andrew V. Reid as CEO, President and Director of the Company.
Andrew Reid has more than 20 years of corporate finance and management experience. In 2006, Mr. Reid started NOLA Commercial Finance Inc., a commercial finance company. During the past 4 years, he has focused on helping small regional oil & gas companies with debt and equity funding. From 1998 to 2004, Mr. Reid started his own investment firm where he focused on the oil & gas Industry.
On May 4, 2010, Treaty’s Board appointed Paul L. Fourt, Jr. and Gerard Danos to serve as directors of Treaty.
Paul L. Fort, Jr. is Managing Partner of the Law Offices of Paul L. Fourt, Jr. of Brownsville, Texas, a general practice law firm with a main focus on civil and criminal litigation. Mr. Fourt has held this position since 2000.
Gerard Danos brings a breadth of skills and knowledge in building and growing companies to the Treaty management team. Most recently, he served as Owner/Principal at St. Catherines Hospice, LLC from 2005 to 2008, where he helped guide the company from a startup company to one of the region’s leading hospice providers. Prior to this, Mr. Danos served as Vice President / Director for Medico, LLC from 2006 to 2007, a subsidiary of Magnolia Management Corporation, a privately held company, which operates 65+ long term care facilities throughout Louisiana and Mississippi. Mr. Danos received his Bachelor’s Degree in 2002 from Louisiana State University, Baton Rouge, LA.
Randall Newton resigned as a director of the Company effective December 27, 2010. Mr. Newton stated that his resignation was due to a perceived conflict of interest due to his service as both a director and the Company’s accountant. Copies of Mr. Newton’s resignation letters dated December 27, 2010 and January 10, 2011 are attached to this Form 8-K as Exhibit 5.1 and 5.2.
The Company has provided Mr. Newton a copy of this disclosure in response to this Item 5.02 and has informed him that he may furnish the Company with a letter stating whether he agrees or disagrees with the disclosure made in response to this Item 5.02. If Mr. Newton disagrees, then the Company has requested that he state the respects in which he does not agree with this disclosure. The Company will file any letter received from Mr. Newton as an exhibit to an amendment to this current report on Form 8-K within two business days after receipt by the Company.
On January 7, 2011, Mr. Danos resigned all positions with the Company. Mr. Danos’ resignation was not due to any disagreement with the Company.
ITEM 5.03 AMENDMENT TO ARTICLES OF INCORPORATION OR BYLAWS.
]b]Effective as of January 31, 2011, the Company amended its Articles of Incorporation to increase the total number of authorized shares of common stock to 750,000,000. The Company also has 50,000,000 shares of preferred stock authorized. The text of the Company’s amendment is incorporated herein and filed as Exhibit 5.3b]
ITEM 9.01 EXHIBITS [/color]
Exhibit No. Title
5.1 Letter from Randall Newton to Andrew V. Reid, dated December 27, 2010.
5.2 Letter from Randall Newton to Andrew V. Reid, dated January 10, 2011.
5.3 Articles of Amendment of Treaty Energy Corporation (approved January 31, 2011).
2
--------------------------------------------------------------------------------
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
TREATY ENERGY CORPORATION
Date: February 16, 2011 By: /s/ Andrew V. Reid
Andrew V. Reid
Chairman and Chief Executive Officer
I can not get second document to copy and paste I am sorry
If you want it email at wanjukie@aol.com and I will send it to you
I will be gone to church from 1800 to around 2030
here is the first document where treaty mentioned:
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF LOUISIANA
IN RE: CASE NO.
CHARLES PAUL ALONZO, JR. 10-10176
&CAROLYN WILLIAMS ALONZO
Debtors SECTION “B”
HIGHGROUND, INC., et. al., CHAPTER 7
Plaintiff s
versus
Adversarial proceeding
BLACKBURN, et. al., NO. 10-1042
Defendants Consolidated with
NO. 10-1043
BENCH BRIEF ON THE ATTORNEY-CLIENT PRIVILEGE
MAY IT PLEASE THE COURT:
Defendants have listed Stephen Taliaferro, a Texas “oil and gas”
attorney, as a “MAY CALL” witness to provide opinion testimony. Mr. Taliaferro
was the attorney for Plaintiffs Harry Elliot, Ronda Hyatt, Highground, Inc., and David
Hallin, with respect to the W.W. Owens oil lease involved in this litigation.
Taliaferro advised Plaintiffs in the purchase and closing of the lease, and was the
escrow agent under the lease.
Accordingly, Plaintiffs assert the attorney-client privilege, and oppose
any testimony, opinion or otherwise, for which Mr. Taliaferro “may” be offered.
Case 10-01042 Doc 33 Filed 01/08/11 Entered 01/08/11 20:25:14 Main Document
Page 1 of 5
ATTORNEY-CLIENT PRIVILEGE
The source of federal law that establishes the attorney-client privilege
is Rule 501 of the Federal Rules of Evidence which states in pertinent part:
Except as otherwise required by the Constitution of the United States or
provided by Act of Congress or in rules prescribed by the Supreme
Court pursuant to statutory authority, the privilege of a witness, person,
Government, State, or political subdivision thereof shall be governed by
the principles of the common law as they may be interpreted by the
courts of the United States in the light of reason and experience.
Fed. R. Evid. 501. Rule 501 does not substantively limit the scope of the
attorney-client privilege other than to defer to federal common law. A court must
consider that “[t]he attorney-client privilege is the oldest of the privileges for
confidential communications known to common law,” and “ts purpose is to
encourage full and frank communication between attorneys and their clients and
thereby promote broader public interest in the observance of law and administration
of justice.” U.S. v. El Paso Co., 682 F.2d 530, 538 (5th Cir. 1982) (citations omitted).
A court must be cognizant of these policies because, “[t]he scope of the
attorney-client privilege is shaped by its purposes.” Id., citing United States v.
Pipkins, 528 F.2d 559, 563 (5th Cir. 1976).
“[T]he attorney-client privilege protects communications made in
confidence by a client to his lawyer for the purpose of obtaining legal advice. The
2
Case 10-01042 Doc 33 Filed 01/08/11 Entered 01/08/11 20:25:14 Main Document
Page 2 of 5
privilege also protects communications from the lawyer to the client, at least if they
would tend to disclose the client's confidential communications.” Hodges, Grant &
Kaufmann v. United States Government, 768 F.2d 719, 720-21 (5th Cir. 1985). The
burden to establish the applicability of the attorney-client privilege rests on the party
who invokes it.” Hodges, 768 F.2d at 721. “The privilege must be specifically
asserted with respect to particular documents.” United States v. El Paso Co., 682
F.2d 530, 539 (5th Cir. 1982), cert. denied, 466 U.S. 944, 104 S.Ct. 1927, 80 L.Ed.2d
473 (1984). If, however, privilege exists, the information sought by a party can be
withheld. Baldrige v. Shapiro, 455 U.S. 345 (1982). “A party asserting a privilege
exemption ... bears the burden of demonstrating its applicability.” In re Santa Fe
Intern. Corp., 272 F.3d 705, 710 (5th Cir. 2001) (citations omitted).
Applicability of the privilege “is a question of fact, to be determined in
the light of the purpose of the privilege and guided by judicial precedents.” Hodges,
768 F.2d at 721. The proponent of the privilege “must establish not only that an
attorney-client relationship existed, but also that the particular communications at
issue are privileged and that the privilege was not waived.” United States v. Jones,
696 F.2d 1069, 1072 (4th Cir. 1982).
The attorney-client privilege is the cornerstone of the relationship
between attorneys and their clients. The privilege is the mechanism that
ensures honest and open communications from clients to their attorneys.
3
Case 10-01042 Doc 33 Filed 01/08/11 Entered 01/08/11 20:25:14 Main Document
Page 3 of 5
Without the assurance that their confidential information will not be
revealed by an attorney, clients would not divulge important information
and attorneys could not provide adequate advice or representation. This
type of evidentiary privilege is an exception to the general rule that
relevant evidence is admissible. The privilege serves the interests of
justice by allowing the honest exchange of information between attorney
and client, and, therefore, deserves maximum legal protection.
Accordingly, parties are held to have waived the privilege in cases
where there is clear evidence that the privilege is being abused.
In re Fortune Natural Resources Corp., 350 B.R. 270, 273 (Bkrtcy. E.D. La. 2005)
(citations omitted).
The test to determine if an attorney-client privilege exists can be stated
as follows: (1) the asserted holder of the privilege is or sought to become a client; (2)
the person to whom the communication was made (a) is a member of the bar of a
court, or his or her subordinate, and (b) in connection with this communication is
acting as a lawyer; (3) the communication relates to a fact of which the attorney was
informed (a) by his client (b) without the presence of strangers (c) for the purpose of
securing primarily either (i) an opinion of law or (ii) legal services or (iii) assistance
in some legal proceeding, and (d) not for the purpose of committing a crime or tort;
and (4) the privilege has been (a) claimed and (b) not waived by the client. Id., 273.
In the case at bar, the test applies and the communications meet the
requirement for privilege. Plaintiffs Elliot, Hyatt, Highground, Inc., and Hallin were
clients of Mr. Taliaferro. Further, the communications were between Mr. Taliaferro
4
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Page 4 of 5
and Plaintiffs directly and dealt with Mr. Taliaferro’s activities as their attorney. The
testimony sought to be elicited by Blackburn and the Treaty Energy defendants
constitutes a communication between Plaintiffs and Mr. Taliaferro about legal advice.
There is no indication that the communications occurred in the presence of strangers
or for the purposes of committing a crime or tort. Finally, the privilege in this case
has been claimed and Plaintiffs have given no express waiver. Therefore, the
communications between Mr. Taliaferro and Plaintiffs meet all of the criteria and the
attorney-client privilege is applicable. See In re Fortune Natural Resources Corp.,
350 B.R. 270 (Bkrtcy. E.D. La. 2005).
CONCLUSION
Plaintiffs assert the attorney-client privilege, and Stephen Taliaferro
should not be permitted to testify at all. Further, Taliaferro should not be permitted
to provide testimony in the form of an opinion.
RESPECTFULLY SUBMITTED,
/s/Reginald J. Laurent
REGINALD J. LAURENT, #17683
Law Office of Reginald J. Laurent
3277 Pontchartrain Drive
Slidell, LA 70458
Telephone
can someone post the IR numbers please
I hear that the avg depth of the wells is about 1500 to 2500 feet. It will only take about 2 weeks to drill. I do not how long to complete the well but 2 weeks to drill.
Jim
Oil falls below $82 despite U.S. crude supply drop
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LONDON (AP) — Oil prices fell below $82 a barrel today as fears of slower Chinese growth and a stronger dollar offset the impact of a report showing U.S. crude supplies unexpectedly plunged last week.
Benchmark oil for December delivery was down 35 cents to $81.99 a barrel by early afternoon in Europe in electronic trading on the New York Mercantile Exchange. The contract fell $2.52, or 3 percent, to settle at $82.34 on Tuesday.
Crude inventories fell 7.7 million barrels last week, the American Petroleum Institute said late Tuesday, suggesting that demand for fuel is rising. Analysts surveyed by Platts, the energy information arm of McGraw-Hill Cos, had expected an increase of 1.2 million barrels. The API also said gasoline stocks dropped while distillates rose.
The Energy Department's Energy Information Administration reports its weekly supply data later today.
Last week's crude inventory drop was the biggest for that week since 1982, according to energy consultant The Schork Report, and follows a 7.4 million barrel draw the previous week.
But fears that Chinese measures to contain inflation will undermine economic growth and oil demand are weighing on prices. China is the world's largest energy consumer.
China's government announced food subsidies for poor families Wednesday as it tries to cool a double-digit surge in prices that communist leaders worry might stir unrest. A cooling economy would result in less demand for energy.
Speculation that the European Union may have to finance a bailout of Ireland's debt is also hurting trader optimism as is the dollar, which has strengthened to a six-week high.
"A financial troika consisting of inflation jitters over China, renewed European debt woes triggered by Ireland and an ensuing stronger dollar are the most likely reasons behind the precipitous drop," JCB Energy said in a research note. "But it also appears that the oil market was simply overbought in recent weeks."
Oil and other commodities are priced in dollars, and when the dollar strengthens, they become less affordable for overseas portfolio managers, who make purchases in euros, yen and pounds.
In other Nymex trading in December contracts, heating oil was down 7 cents at $2.23 a gallon and gasoline rose 0.2 cents to $2.16 a gallon. Natural gas rose 2.5 cents to $3.84 per 1,000 cubic feet.
In London, Brent crude lost 17 cents to $84.56 a barrel on the
ICE Futures exchange
The week before inventory fell by 3.3 million barrels. In the last 2 weeks inventories fell by 11 million barrells so price increase has to come in near future.
Thanks
Jim
The company is going to be late filing
- Notification that Quarterly Report will be submitted late (NT 10-Q)
Date : 11/15/2010 @ 3:15PM
Source : Edgar (US Regulatory)
Stock : (TECO)
Quote : 0.0085 -0.0013 (-13.27%) @ 9:32AM
- Notification that Quarterly Report will be submitted late (NT 10-Q)
(Check One):
¨ Form 10-K
¨ Form 20-F
¨ Form 11-K
x Form 10-Q
¨ Form 10-D
¨ Form N-SAR
¨ Form N-CSR UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING OMB APPROVAL
OMB Number: 3235-0058
Expires: August 31, 2009
Estimated average burden hours per response . . . 2.50
SEC FILE NUMBER
001-9043
CUSIP NUMBER
06684A206
For Period Ended: 09/30/2010
¨ Transition Report on Form 10-K
¨ Transition Report on Form 20-F
¨ Transition Report on Form 11-K
¨ Transition Report on Form 10-Q
¨ Transition Report on Form N-SAR
For the Transition Period Ended:
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
Treaty Energy Corporation
Full Name of Registrant
Former Name if Applicable
440 Louisiana, Suite 1400
Houston, Texas 77002
Address of Principal Executive Office
--------------------------------------------------------------------------------
PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
x (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Treaty Energy Corporation (the "Company") was unable to timely file its Form 10-Q for the quarter ended Spetember 30, 2010 due to a delay assimilating certain financial information with respect to certain debt items. The Company expects to file its 10-Q for September 30, 2010 within the five day extension period provided by Rule 12b-25.
(Attach Extra Sheets if Needed)
--------------------------------------------------------------------------------
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Andrew V. Reid 713-425-5364
(Name) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). x Yes ¨ No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ¨ Yes x No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
Treaty Energy Corporation
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date 11/15/2010 By /s/ Andrew V. Reid
Andrew V. Reid
Chairman and Chief Executive Officer
Treaty Energy Corp (BB) (OTCBB:TECO)
Historical Stock Chart
1 Year : November 2009 to November 2010
Treaty Energy Corp (BB) (OTCBB:TECO)
Intraday Stock Chart
Today : Tuesday 16 November 2010
But it was CSTI who has had the seemingly endless supply of shares here as of late
Jim
Who is giving CSTI shares to sell that is the question. I think that Andrew Reid or someone from TECO should be on this pretty quick. It should not be that hard to figure out.
Thanks
Jim
I agree I think the company should update the shareholders on what is happening in the company we are invested in. This is getting really old just watching the price drop like a balloon with a hole it.
Jim
Yes, sorry building manager had the office on the 9th they are on the 14th floor still there. I got a shaken when no on there to answer phone for 2 weeks.
Jim
I just tried to call the office number in Houston does not work.
I got in contact building office man., she said they are no longer in the building she would do some research and get back in contact with me. If anyone else would like to try to contact company feel free. I made contact about 2 weeks ago and everything seem to be going fine
Jim
Happy 4th from Beaumont Just
Jim
yes sir still here. it looks good. I was a little worried awhile back but with the recent news and more on the way not worried anymore. Also was in Houston yesterday Bush Airport sending my sister and a missionary group to Zimbabwe for alittle over 2 months. She has been doing this full time for 7 years God love her I couldn't do it. I am quiet on the board alot I read alot post very little, have a good sir.
Jim
Hey Just
Thanks for the chart information, raining in Houston today it came a gully washer yesterday in Beaumont.
Thanks
Jim
I agree I have emailed the company yesterday
Jim
I have spoken to Randall couple times on the phone and Andrew Reid once, both very professional sounding men. I really think the company has grown in the past couple months.
Jim
I do smell oil and natural gas everywhere I go from here to East Texas Haynesville Shale drilling is going everywhere.
Jim
justradethem,
Hey from Beaumont Texas, I have been to the in Houston impressive.
Jim
Sorry this post was suppose be for alex11111.
Jim
Alex,
What do you think about the news just released about PLBS court case? Is this part of what we are waiting on? TIA
JIM
It is because of the depth they are having to go, in north and central Texas you have to drill almost a mile if not further. This is also a rework not a new well. This well was drilled with air not drilling mud.
Thanks
Jim