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.
email @ wanjukie@aol.com
Rush I know we are real so that is all I need to know, good luck sir
Agreed the company ( Surgline ) is also trying to get into hospital where I work. I know the investors in Surgline are going to make a lot of money
No just going by what the company posted on it web site under Q&A section on front page. I think there are laws against companies post false information so I am going with that knowledge.
Ace if people would read the drake website under Q&A they would see the company canceled a lot of shares thus reducing the number of shares
Just a side note Crude Oil up by about $4.500 a barrel
Acehigh
What are you hearing from your little birdie?
When is Phase 2 going to kick into gear?
I think we are going to subcontract the wireline service in Texas because there so many of them to use, they are literally all on the roads down here. In Belize they are not any avalible.
you are welcome
News for 'TECO' - (Treaty Energy and Princess Petroleum Ink MOU on Oil & Gas
Joint Venture)
Mar 14, 2012 (Close-Up Media via COMTEX) -- Treaty Energy Corp., an
international energy company, reported the signing a Memorandum of Understanding
(MOU) with Princess Petroleum Ltd regarding a 50/50 Joint Venture on the
Paradise Concession owned by Treaty Energy Corp.
According to a release on March 9, Andrew V. Reid, Chairman and Co-CEO of Treaty
Energy Corp., stated, "We are pleased to announce that our Joint Venture Partner
on the Princess Concession in Belize, Princess Petroleum Ltd, has signed an MOU
to purchase a 50 percent position in the Paradise Concession purchased by Treaty
Energy in September 2011."
Reid added, "We are elated that Princess Petroleum has joined us in this
expansion of exploration in Belize and look forward to beginning evaluation
studies on this new concession. As with protocol on the Princess Concession, we
plan to use satellite technology in order to narrow our search on potential
prospects."
The groups said that a copy of the MOU will be posted to the Treaty Energy
website.The final agreement is being drawn up jointly by Treaty Energy and
Princess legal departments and will be executed upon completion.
Reid added further, "Treaty Energy has commissioned preliminary studies on
several areas of the Paradise Concession and we are very excited about the
potential on this 1.4 million acre concession that will benefit the GOB, its
people and both Treaty Energy and Princess Petroleum."
More information:
www.treatyenergy.com
News for 'TECO' - (Treaty Energy Corp. Signs MOU with Princess Petroleum)
Mar 14, 2012 (Close-Up Media via COMTEX) -- Treaty Energy Corp., an
international energy company, reports signing a Memorandum of Understanding with
Princess Petroleum, regarding a 50/50 Joint Venture on the Paradise Concession
owned by Treaty Energy Corp.
According to a release, a copy of the memorandum will be posted to the Treaty
Energy Web site. The final agreement is being drawn up jointly by Treaty Energy
and Princess legal departments and will be executed upon completion.
Andrew V. Reid, Chairman and Co-CEO of Treaty Energy Corp., said, "We are
pleased to announce that our Joint Venture Partner on the Princess Concession in
Belize, Princess Petroleum Ltd, has signed an MOU to purchase a 50 percent
position in the Paradise Concession purchased by Treaty Energy in September
2011."
news about MOU out
here it is
Treaty Energy Updates on Belize and Texas Oil Projects
22 minutes ago - Marketwire via Comtex
Treaty Energy Corporation (OTCQB: TECO) (PINKSHEETS: TECO) (www.treatyenergy.com), a growth-oriented international energy company, reports on continued progress on its Belize and Texas oil and gas projects.
Belize Update:
Andrew V. Reid, Chairman and Co-CEO of Treaty Energy Corporation, stated, "Treaty Energy has acquired the 'Wireline Logging Truck' with all supporting equipment, a system valued at over $200,000 that will be used to wireline log SAN JUAN #2 and all future wells in Belize. The truck assembly is having new cables and new electronics installed, and based on the current time line, the Wireline Logging Truck will be leaving for Belize on Friday, March 16th. Pictures of the new Wireline Logging Truck will be posted to the website."
Mr. Reid added, "Max Mohamed of RedRock Exploration, Inc. will meet the Wireline Logging Truck on its arrival in Belize and will proceed to perform the wireline logging of the SAN JUAN #2 well."
"Mr. Mohamed has been retained by Treaty Energy to take responsibility for oversight of all Belizean operations and will report to Stephen L. York, President of Treaty," added Mr. Reid. "Our Belizean Project Manager, Keon Garbutt, will report to Mr. Mohamed."
Max Mohamed will be working out of the new Treaty Belize Energy Ltd offices that are located at the Independence Airport outside the Village of Independence, Belize.
Texas Update:
On Thursday, March 15th, Mr. Bill Hardin will fly to Belize to make arrangements to have the smaller of the Rigs, with all its supporting components, shipped back to Texas. This Rig, upon its return to Texas, will immediately commence drilling the first two 'permitted' wells on the Wooldridge leases.
Mr. Reid stated, "Ten additional drill sites are in the process of being permitted on the Wooldridge leases, with a possibility of 12 more drill sites after completion of drilling the initial 12 wells that Treaty has funded."
Mr. Reid stated further, "Previous wells on the Wooldridge leases had initially production rates between 30 and 31 barrels of oil per day (BOPD). We are very optimistic that we will see similar production rates out of the new wells being drilled."
In closing Mr. Reid said, "Workover of old wells continues and more wells are being brought on line each month. With the many new wells to be drilled and the continuing workover efforts on old wells, we are very pleased with the future outlook of oil production from our Texas leases."
About Treaty Energy Corporation Treaty, an international energy company, 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.
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.
News Out shareholder update
When does the newly elected people take office, example our general elections take place in November but newly elected do not take office until Mid January
thank you my friends at least some people understand a question
I simply ask the election closing time nothing else
Blind,
Do you know time the election poles are closed in Belize?
when do the elections poles close in Belize? TIA
redwing this simple to answer on your on if you DD the company a little bit Mike Mulshine is the company's IR
agreed my friend agreed
I have posted this before, I am ok with them bringing it back down on shorting and bashing because have some more dry powder and I know what the company is doing so I am good with it
Jim
Iran is Flexion its oil muscle causing WTC to close over 102 a barrel
I read and search news reports and newspapers almost daily out of Belize
So your are guessing at this you have no proven points ok. I say the next elected party in Belize will welcome a company that only care about the ecosystem of their country but offers the people training and jobs, just saying seems like a win-win situation to me if your country just their credit rating dropped
Thank You
Central can you post links for these statements or are you just making this stuff up. I was just wondering because last thing I heard is the company is drilling second well and completing first well, so please feel free to inform the board. The ball is now in your court.
Acer,
It stands for US General Services Administration, I hope this helps. Go SGLN
So the company is bringing a wireline company in, buying tubing, sucker rodes and a pump jack for a dry well that just doesn't add up
NiceDog
Read the company's news releases and the 8K concerning the OIL FIND and how they, the company, is moving into completion and production of known oil find. The United States has laws the SEC that do not allow companies to make false claims like this without getting trouble. So with that said you can either believe a reporting US company or a inexperienced energy guy from Belize chose is yours sir, for me I am going with the reporting oil company
So when we complete the well and put the pump jack on and start produce can Mr Chow still deny that Treaty found oil. I am just asking how long can he continue to deny that we found oil before it is proven that we did find oil what he lied to the Belizian Media, you talking about looking bad before the election you would think this would not go well at all.
So you say in one sentence they have done no semic testing then in the sentence say they have but not the usual kind please make up your mind. The methods they used are not methods commonly used in the geophysical industry for oil exploration.
This is a LIE sir "They have done zero seismic work" just have to do is check the company's web site to look at the seismic work before the well was drilled
I agree s4S
The company has drilled the well they are moving to completion and production stages, by investing and transporting wireline equipment, well tubing, pump jack, a lot of effort for a dry hole. The company and driller has drilled completed and produced many wells, they are very knowledge on the subject of oilfield production. So I think I will just stay right here for a while
The company has stated in a news release that they were moving on to the completion and production stage of the drilled well
That is exactly what happened, Mr Chow could do the testing on the samples he took from the drilling site and could confirm what Treaty has said
it is the only english speaking country in central america