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Hearsay & speculation is bullshit until proven otherwise.
Good words and he admitted as much. He appears to be a man of great character with an impressive background!
Quote from Mr. Tesarski:
"Hard, determined work will change things at TECO. END OF DISCUSSION."
Thank you Mr. Tesarski! That's what we shareholders like to hear!
Perhaps the entire statement should be posted.
Taking a short phrase out of context of the entire statement is total bullshit.
I like it and I agree!
Good luck trying to prove that theory to the SEC. Total nonsense.
The work he was doing voluntarily for Treaty was on the ground and not as a stock promoter. This news released last week was not part of a pump & dump. It was a legitimate PR. Stick to the facts.
Treaty Energy Corporation Acquires the Assets of Texas Sands Resources, LLC
Thu, 05/01/2014 - 09:18 -- admin
Chris Tesarski, President and CEO of TSR, to be Executive Chairman of Treaty Energy Corporation
NEW ORLEANS -- May 1, 2014 -- Treaty Energy Corporation (OTCQB: TECO) (http://www.treatyenergy.com), a growth-oriented international energy company, today announced the acquisition of the assets of Texas Sands Resources, LLC (TSR) of Abilene, Texas and the appointment of Chris Tesarski to Executive Chairman of the Company.
Andrew V. Reid, Chairman and Chief Executive Officer of Treaty Energy Corporation, is pleased to announce the acquisition of the assets of Texas Sands Resources, LLC of Abilene, Texas (TSR). TSRs assets currently include ten (10) leases in the Texas 7B Oil District. These leases have a current, consistent and provable production of 25 BOPD (Barrels of Oil per Day). At current production levels, the Company anticipates that this acquisition will generate estimated revenues of $800,000 per year, with revenues expected to increase as the ten (10) leases are more fully developed. TSR also holds a number of additional lease opportunities that if completed, will be included in this purchase. The purchase price was $1,250,000.
On the acquisition, Mr. Reid stated, “TSR will continue to operate all leases currently included in this acquisition and future leases acquired after this acquisition. The current leases under development by Treaty Energy will remain with their current operator. TSR has a positive working relationship with the Railroad Commission of Texas and is in good standing. This should ensure that their production will be safe and reliable for the Company.”
In addition to the acquisition, Mr. Reid announced, “There will be a change of leadership at Treaty Energy. As of May 1, 2014, Chris Tesarski, the President and CEO of TSR, will assume the position of Executive Chairman of Treaty Energy Corporation. Mr. Tesarski will assume immediate control of the day-to-day operational vision and strategy of the Company.”
A native of Canada, Mr. Tesarski immigrated to Abilene, Texas in 2012 with the goal of developing an integrated energy platform. TSR has been committed to developing advanced processes on marginal leases, using current down hole optimization technology, oilfield waste management and byproduct optimization to work towards creating a zero-waste oil lease.
Mr. Tesarski stated, “If we are to achieve North American Energy Independence, it will mean producers must be innovative. We must stop thinking of marginal wells as uneconomic and understand that with creativity and innovation we can make North America self sufficient when it comes to energy production. The bulk of that production will continue to come from extraction of hydrocarbons for the foreseeable future.”
Mr. Tesarski further stated, “TSR has the operational foundations and technologies needed and Treaty Energy Corporation has the trading platform that has bred a loyal shareholder base that should benefit greatly from the changes. Our combined goal of improving marginal well operations and utilizing new development drilling opportunities through Treaty Energy will give current and future Treaty Energy shareholders a company that they can be proud of. I will be making that my number one priority in the coming months.”
Andrew V. Reid indicated that he will continue as a Director and Chief Executive Officer for Treaty Energy in the interim as it emerges over the next several months to be a serious player in the junior energy sector and until definitive decisions are made regarding the direction management will be taking the Company. Treaty Energy intends to build a team of oil and gas professionals who can execute on the plan. The Company hired a new field operations manager in March to oversee operations in Texas and has already seen some success with a recompletion on the Stockton lease.
“There are countless junior energy producers in the marketplace, all fighting for the same dollar and same corner of the crowded market,” stated Mr. Reid. He continued, “We need to show them that we stand apart and are prepared to separate ourselves from the rest of the pack. Chris is committed to seeing Treaty Energy evolve, change, and become that kind of company. I believe this is a solid plan for Treaty Energy.”
Bio of Chris Tesarski
Chris Tesarski brings over thirty years of experience in the energy industry to Treaty Energy. His oil and gas career has been multi-faceted, focusing on land, operations, pipeline and infrastructure control, and commodity marketing. Mr. Tesarski, through his consulting companies, has participated in well over one billion dollars in oil and gas transactions.
Mr. Tesarski is a guest lecturer at Texas Christian University (TCU) in Ft. Worth, Texas in the petroleum and land management program where he currently teaches a course on lease optimization and energy sustainability. In addition to his TCU commitments, Mr. Tesarski serves on the boards of several community organizations in Abilene.
A more fulsome vision statement and bio of Mr. Tesarski will be posted to the Treaty Energy website and related company links over the next few weeks.
Contact
Treaty Energy Corporation
Investor Relations
investors@treatyenergy.com
Tel: 504-301-4475
Fax: 504-324-0844
Mulshine? Investor Relations, just like with any other company.
Treaty never employed PSP Ventures. Nice try.
Pump & dump? LOL! That is laughable and a fantasy. Treaty has never employed a stock promoter.
Like I said, things are changing and shareholders are very excited about the future.
There is absolutely no proof and only speculation that they did not sell and produce oil for a profit.
John Bell has the Stockton #2 producing oil and here is a quote from Mr. Tesarski:
"One thing that we do bring to the TECO equation though... monthly oil cheques. Two more loads were just called in yesterday, one from Evans and one from Thomason."
So there's a couple of changes for you just for starters.
Chris D. Tesarski
Inspire Energy Services
John Bell
Great changes are happening to turn Treaty around!
I'm sure he knows the challenges. Have a little patience.
Perhaps if you give him more than 10 seconds he will. How long has he been on the job?
Perhaps I'm wrong. I hope he is able to continue using this forum. Of course he is very new on the job and it may take some time to get answers to questions about what happened before his tenure.
If you want to ask Mr. Tesarski questions, I'm sure he would be happy to answer. He just can't do it in this forum unfortunately.
Quote from Chris Tesarski, Executive Chairman of the Board for Treaty Energy:
"The production reporting for these properties got lost in the transition from DJ&T and Premier royalties filing/not filing and the change over to the bond with TEXAS SANDS RESOURCES, I got the 30 day notice, blah blah blah. I have my user name and password today from the RRC... hopefully I am told it should be a 24 hour thing and I will go online and amend the reporting. I have absolutely no idea, well actually I do, as to why the Thomason/Callaway is such a dog's breakfast of lease numbers. Predecessors wished to ensure that "investors" got "their share", and didn't share in someone else's. I intend to do a single filing for both leases and have ONE THOMASON RANCH LEASE and ONE CALLAWAY RANCH LEASE.
As for the Evans, we have spent well over half a million dollars on that lease preparing it for a waterflood and developing new technology, the water systems being one of those. All of the wells were FINALLY up and running, my roustabout had laid down cattle guards and was coming back to build them and lo and behold a cow knocked the electrical box loose and burned out a motor. This is the joys of the industry. You are correct there has not been evidence of consistent production there, we have resolved that and shareholders should be able to see consistent production there starting in June. One thing that we do bring to the TECO equation though... monthly oil cheques. Two more loads were just called in yesterday, one from Evans and one from Thomason."
Quote:
"I don't have the infamous "29 questions", email them to me though and at my next Board Meeting in June I will table it as an agenda item."
Regards,
Chris Tesarski
chris.tesarski@texassandsresources.com
325-218-4141
There you go. Get the answers to the 29 questions and report back.
Whoever came up with the 29 questions is the person who should be asking. Then that person can report back.
I assume you can show a link with proof of a water well scam.
I quickly scanned through the links, but I didn't see specificly where you showed proof that Blackburn has ripped off thousands of victims since his release.
Chris D. Tesarski
Executive Chairman of the Board
Mr. Tesarski has had a career in the energy industry which has spanned over two and a half decades, beginning with his first foray into the industry in 1983 with Canadian Occidental Petroleum in their Joint Venture Department. An excellent speaker, writer and communicator, Mr. Tesarski has used those skills to great benefit as he has had the opportunity to lead, shape and motivate companies to strategize and to grow with vision. Just as important though has been his emphasis on solid implementation of that vision through development of internal systems and processes which have led to greater efficiency.
From his first position at Canadian Occidental until today Mr. Tesarski has built a reputation as a spreadsheet specialist utilizing all major spreadsheet systems to provide skilled management consulting services to numerous companies. Although known to be a skilled user, he has been called upon to implement his knowledge and skills to help strategize, design and implement PC based Production Accounting Systems, Joint Venture Revenue Systems, Gas Marketing & Control Systems, as well as strategic Acquisition & Divestiture Systems. Several of these internal systems have been used to integrate into commonly used data management systems within the industry.
The following is a partial list of companies where Mr. Tesarski has been employed or where his various consulting companies have had or have contracts:
Canadian Occidental (now Nexen), Grandalta Resources, BP Canada/Talisman, Okusan Energy, Canadian Pioneer Energy/Cimarron, Grandir Resources, Eravista/Torrington, Rustler Petroleum, Bearspaw Petroleum, Nexxtep Resources, Chancellor Energy, General Atlantic and Moraine Production Company, The Terra Group of Companies, EnCana, Enerplus, Husky Oil, TIRMOIL Energy Ltd., General Reef Corp., Arrow Energy Ltd., Sunshine Oilsands Ltd.
Although Mr. Tesarski’s career has meant full-time employment for some well known companies in the energy industry, for well over a decade his skills and expertise have been sought out by numerous companies in a senior advisory and consulting role. This resulted in Mr. Tesarski operating a consulting company called Visionwest Energy Services from 1993 to 1997. He then incorporated as THE OVERTURE CORPORATION in April 1997. Overture was a company which methodically carved out a niche in the Commodity marketing and Acquisition & Divestiture sector of the energy industry. In 2002 it became FWDStep Resources Limited. Overture started with its first project in late 1996, facilitating the purchase of a $400,000 unit interest for a client. By 2003/2004 FWDStep had helped to facilitate well over $100,000,000 worth of transactions in the energy industry.
In 2004, Mr. Tesarski lent his expertise in Oil & Gas Contract Analysis to assist in helping two major Canadian oil and gas companies facilitate closing procedures on well over $1.5 billion in assets.
In January 2005, Mr. Tesarski was asked to assist Husky Oil in managing their Northern Road Systems and establishing internal processes for long term strategic management of Husky’s road and Third Party Agreements. Mr. Tesarski was an integral part in the development of several regional initiatives for road management and business development in the Peace River/Slave Lake Area.
In September 2006, Mr. Tesarski was appointed CEO of Arrow Energy Ltd., a TSX Venture Exchange listed company. Mr. Tesarski grew the company from less than 100 BOE/d to over 300 BOE/d prior to his departure in July of 2008.
Since leaving Arrow, Mr. Tesarski has given leadership as President & CEO to an exciting new oil and gas venture, SANDBOX ENERGY CORP. The company has grown from ZERO production to approx. 100 boepd, with significant holdings in SW Saskatchewan (150+ sections @ 100% working interest), Thorsby, AB and Clyde, Texas.
Do you have absolute proof of that? Otherwise that's a libelous statement. Besides, he's just a shareholder.
Blackburn, a shareholder, paid his debt to society. Is there even a conviction for the arrest of the other Treaty shareholder that incidently, does not work for Treaty or Blackburn? The business pal has nothing to do with Treaty. None of this has anything to do with Treaty's value or lack of value.
Looks like two shareholders and a "business pal." LOL!
That person is either speculating or breaking the law.
I'd like to see links supporting everyone of those accusations. Wow!
That's a great question and makes a great point.
You just proved my point. Thanks!
"Most likely" means speculation.
It doesn't matter what Treaty says. The interfering parties will always say it's a lie.
Items of speculation over the weekend:
The SEC has a case against Treaty (This idea has floated around for over a year).
The new guy will get one million dollars a year.
The A/S will soon be three million.
How about some facts instead of rumors, hearsay, speculation & conjecture. Geez!
From the looks of things, I think the interfering parties are the ones that are afraid right now.
LOL! People who bought at .0033 could have already made a profit!
He probably got a parking ticket back in the day. I'm sure someone will find it.
Yes, let's hope so Kanola. John Bell now has a lot more wells to work his magic!
No, DD.