Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
THEY HAVE THE EQUIPMENT TO OPEN HOLE AND CASE HOLE LOG.THE PROBLEM THEY HAD WAS THE WELL WAS SWELLING IN THE SEVERAL PROSPECTIVE PAY ZONES BETWEEN 500 FEET AND 1250 FEET.
THE DECISION WAS MADE TO NOT TRY TO FORCE A EIGHTY THOUSAND DOLLAR PIECE OF EQUIPMENT DOWN THE HOLE AND FACE THE POSSIBILITY OF NOT BEING ABLE TO GET IT OUT WHEN THE CASE HOLE LOG WILL PROVIDE THE INFORMATION NEEDED AT NO RISK.
AGAIN INFORMATION EASILY OBTAINED BY PERSISTENT CALLING TO THE IR OR THE COMPANY OFFICE.
Today is 4 to one buys to sells and they are running it down.I talked to Mike M. and he said he believes this is a last ditch effort by the funds that are short in this stock to destroy the company.
If they cannot do that(which they can't do because Teco is real)then they will most likely leave us alone and start to cover as they feel necessary.
I hope he is right.In the mean time we all need to do our best to support the company
The real sellers will be so sorry soon.
I am the same way.I needed to put more money into my brokerage account for tomorrow.I hope I can get more shares at these levels before all hell breaks loose.I can feel it coming!
mm scared and trying to close below .03 I think this week we will get a lot of news.We all need to support at these levels if at all possible.I have never witnessed manipulation like this before and I have been trading penny's many years
need some buyers
news The Q is filed
AMEN BROTHER!!!!!
Five to one buy to sell today.Investors are loading up.This thing will rocket as further news gets out.Good luck to all us buyers today.
Ivestor perception is what drives all stock up or down regardless of where they trade from the NYSE to The Pinks
right on point.very good anaylsis
My point was that the judge that issued the ruling is seldom reversed.The appeals judge is a different judge and you are correct on that point.
What you are showing is the loser filing for a appeal.Unless reversed the case is over.When the 10k was filed the appeal was not filed.
All my DD on that judge shows little chance of him getting reversed.
they will if you do not co-operate or make them mad.In the end we are both guessing as neither of us have proof only opinions which are contrary to each other.
I think you are wrong in that Gwyn is not the source of any serious funds and never was.I think we will find out that all this is over small amounts of money.when Gwyn would not cut short his vacation as requested he screwed up and really made them mad and they pounded him. That is my opinion.he should have flown home immediately and this might have been avoided.
As to oil production I really have my opinion that they will prove up serious oil and you have yours to the contrary.I am sure we will find out who is right soon.Again Good luck to all Treaty share holders
I think you should stop reading things that are not there.The truth will come out in time and that all has zero to do with Treaty hitting oil.
In my opinion there will be news soon that will rocket this stock.I call the company ,the IR people, and anyone else that I think might know something that would be of use to me in making my decisions on this stock.I think that within 2 or 3 weeks there will be provable information put out that it would not matter if John Gotti was the Co-CEO
Additionally I will take a wait and see attitude on Mr Gwyn.All that is out is allegations from one side.The only ones that are making such a big deal are the same group that puts out the same always negative tripe each day.
The final word on Treaty is finding oil in Belize and also in Texas or other areas that might be in play in the near future.In the mean time I will continue to buy small lots daily and keep my fingers crossed that I am correct on this one.Good luck to all you real Treaty shareholders.
I would assume the next announcement will be that they have hit oil,or proved it up in Belize.I find it interesting that they are riding on the coat tails of a real oil company that is trading for pennies.What do you all think?
since they seen to be able to have raised over 7mm dollars to invest in Treaty over the last year I doubt they are sweating the small numbers you are touting.Maybe they will sell some oil too.But you have all the answers so you write the story.I really don't think anyone here cares what you think
The mud tank is on the left.It is about 5 ft tall,52ft long,11ft wide.I learned this by calling the company.
The mud tank is shown in the pictures.I am amazed that as you seem to have all the answers that you don't know what a mud tank looks like.
you described it perfectly.Treaty will open hole log and case hole log for the reasons you have listed plus the fact that it will help them on there decision as to where to perf the well.
Treaty will wire line as soon as the well is cleared prior to casing the well.No oil no casing just cement.
You are wrong on the wire line after casing though.It is called cased hole logging and Treaty possesses the equipment to do that and you would know that if you asked!
I believe there was another dry hole up north drilled by the big boys that use seismic.They used that huge rig pictured as the great drilling rig by another poster on this board.
you will regret that decision I believe.Sorry to see you give up.
I think that would be best for the people that do not believe in this company.I do not understand why you would waste your time posting along with the fact that as a shareholder you are hurting your own stock value.
I am going to wait it out and see what Treaty comes up with this year.
I think you have valid points.
Treaty Energy Corp was confirmed to trade late Jan.2009.I do not understand the 6 year statement.
I agree with you.From What I understand that removal was difficult to get done and it took legal help to do so.
Treaty seems ready willing and able to take care of business.says a lot for a small emerging company in my opinion
you can have direct company contact if you would use your fingers to call them instead of posting unfounded speculation.
Please try it my way and you will probably be well informed as to what is going on and if you are a real shareholder will feel much more comfortable with your position
Again if you would call the company you would not be posting false information.
There is a shipment on the way to Belize that is scheduled to be in port on Monday June 4th.This shipment has all additional equipment needed to clear the 1st well and drill the second well.
because the GOB preferred to use Mud Tanks instead of mud pits Treaty has sent a new mud tank and a new trailer mounted 12 inch mud pump that can handle pumping depths to 6000ft.Also the shipment includes cement.mud,a multitude on different types of lost circulation materials,casing tubing and additional tooling for the large rig that has been completely reconditioned while Treaty has been putting together all the necessary items to please the GOB
I was told that they are making absolutely sure that they are in full compliance with all GOB rules and get prior approval to every move being made so as to avoid the mistakes made in the past.
The drilling crew arrived in Belize on Wednesday and are awaiting the shipment to clear the 1st well,wire line the well and seek GOB approval to complete the well.
I am a large shareholder in this company and would really appreciate it if you would post easily obtained information instead of your wild and completely false and misleading post.
I normally agree with you but in this case I disagree.The bad guys continue to lower the price on the shares through the day.If the pps remains stagnant they drop the pps again so at the end of the day if we as a group continue to let these people do this we are faced with fighting just to save a lower pps than if we fight during the day.
I have bought twice today at 3000 shares each time to try to support Teco pps.It seems completely clear that this stock is being manipulated by someone or a group of unknown villains.I have limited funds to buy all day long so I am asking some of the other loyal shareholders to join me in a effort to counteract the bid whacking by immediately doing small support purchases. to see if we can help Treaty until they can announce oil in Belize which I believe will be in the next one or two weeks.Help if you can.I will buy until I run out of cash in my trading account.
well said!
2200+ acres
they waved the wire line for only the first 2 wells not all of them.They with that opportunity when the news release was put out.You are correct that wire line is a requirement
again you have not asked questions from the company prior to posting your uninformed opinions.
When I read you post I called IR and the office of TECO.I received a response today.
First Treaty was not required to wire line the first two wells.The GOB allowed this initially to help Treaty out.
After the unfortunate incident where TECO posted a release prior to GOB approval the GOB insisted on the wells being wire lined so TECO was unprepared to do the Wire line.
TECO did get quotes for wire lining the wells from other sources and they were so high that the decision was made to acquire equipment of there own which at the rate quoted per well by other vendors the equipment would pay for itself over the first three wells.
Finally at the time of drilling there were no wire line trucks in the country or immediately available.
Lastly TECO said they have been asked to wire line for others in the future.Another potential source of income.
some might ask you the same Question don't you think?
I do not think a challenge to a statement that is wrong should be a problem.Do you?
Your explanation is correct as to how to treat this type of formation so it can be accepted without challenge.
Treaty will not have to frac these types of wells to stimulate them.Are you a geologist?Are you familiar with a lime structure?I would assume you again are talking with little or no knowledge of the situation.
I believe you have the right to pose questions or statements that are correct but to keep posting things that seem to be contrary to facts seems to lead me to question your true motives.
Also your pictures seem to be very different from the ones posted by Treaty.
The Schramm T685 rig that Treaty has in Belize is the same type of rig that was used in Chili to drill the initial hole to locate the trapped miners.It is a very high dollar rig that's used for those that can afford it's higher cost.
The reason you cannot figure where the BOP would go is because you probably have zero idea what you are talking about but beyond that the rig either has to be elevated on a substructure to allow for the BOP or the well site has to be excavated down about 5ft to allow for the BOP.That is how Treaty did the San Juan#2.
Treaty has a ship that will arrive in Belize about Monday or Tuesday that has a subframe for the rig to be elevated for future wells.Also the new lighter drill pipe and other drilling accessories plus a new Water truck.
You wonder how I could know this?I call and ask legitimate questions and I have always received a answer.You might try the same and put out information with answers instead of making statements that show your complete lack of knowledge or your veiled attempt to hurt the company and it's shareholders