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Define;
"We can employ enhanced oil recovery tools, equipment and techniques to help maximize production of domestic oil and gas resources."
EOR?
Water Flood?
CO2 Flood
Thermal?
Solvent?
Point being........ The cheapest is water flood and that costs 10's of millions.
I see no new permits for their existing leases. You can't drill without a permit in Texas, its called jail time.
#11 Then back to .06
Actually I like blackwater midstream better than exxon
it does not pull up in yahoo or scottrade
True numbers exist in the Texas Railroad Commission
TECO is totally different from Treaty. Why is it being touted as ARGY?
http://www.tecoenergy.com/
They are not producing anywhere near 50 BBL/d
Why is TECO being used???
What was "equal in force" about them?
Yes, but 1 in every 3 people born are born ugly.
No, I cannot think of one single business.
I accused no one of anything. I just stated that the PBLS crew has more involvement here than just a share purchase, which they did not do.
The current pps of this stock does not tell me I am wrong.
Sorry lou, I am just not getting it.
C02 is very expensive... the equipment involved is way up in the $$$$$$$$$
As in $20 - $40 million per year
hmmm,
kind of dense here my friend could you spell it out for me?
I provided the latest production info. If you want to gague the potential of a field on what it did 30 years ago... then there should be lots of cool oil companies boasting "We used to pump alot".
Why did you not include lease numbers, dates, operatorship or other info in your post?
What you posted is just a string of numbers.
The leases that Treaty has are as good as dead production wise.
Then you would have to prove the majority of your posts or delete yourself...
How come you keep deleting this link?
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=DLlv1%252fzfamNSRLgbI4P6EQ%253d%253d
These numbers are meaningless unless they are supplied in conjunction with lease and operator info. The leases they own never produced 600, not in their 40+ year history. I supplied percise info like lease names, ID numbers, barrels per month, and last reporting month.
You supply a list of numbers with no link to reality.
Who is pumping who?
PS:
"OWENS, W. W. produced 56 barrels PER MONTH NOT PER DAY in 9/1/2008"
That states that it highground was operating in September of 2008, which is less than a few years
dress it up how you want to but those numbers are as poor as it gets. You will not find trety as a owner company of any lease in texas. I would say the bayou bunch is back to their old tricks and this will end poorly
Treaty petroleum states it has 2 leases.
TX RCC #08655 and TX RRC #11079; OWENS, W. W and OWENS, .W .W "B"
Both operated by Highground, Inc
OWENS, W. W. produced 56 barrels PER MONTH NOT PER DAY in 9/1/2008
OWENS, W. W. "B" produced 42 barrels PER MONTH NOT PER DAY with a last production date of 1/1/2008
so 3.27 barrels per day, for both leases.
3.4 barrels per day
So the PBLS connection with Treaty does not bother you either? I think the same team found a another player.
"Thomas Jefferson" my favorite quote was for 3 men to keep a secret 2 have to be dead"
You forgive way too easly from the days of the Komex, I remember you being mad as hell.
When was the last time Mulshine said anything that turned out to be true?
foundations are layed, will select G/C in a month or so, Oramat is fabricating, the loan is in their hands (not a credit line), completion in December 2009.
Spoke with their project manager about a month ago
I would call that more than a little help, thanks.
Rally, I think that link says it all.
Treaty is not listed as the operator at all. They owe PBLS money. Why I have a faxed document is not important, what is important is that it came from PBLS from Ron Blackburn.
Well besides the Mike Mulshine Connection?
I have the documents that were faxed with a PBLS Cover Sheet
What do you think of the less than 4 barrel per day production figures?
PBLS is involved in Treaty Petroleum, with a track record like theirs, I would think that all the mis-information in the world is about to come this way.
Clara Couch Field has 62 operating leases in it. Treaty only has 2 of those leases... you are posting a total production figure for every lease holder & operator in the field and NOT what Treaty Petroleum is producing.
Treaty petroleum states it has 2 leases.
TX RCC #08655 and TX RRC #11079; OWENS, W. W and OWENS, .W .W "B"
Both operated by Highground, Inc
OWENS, W. W. produced 56 barrels PER MONTH NOT PER DAY in 9/1/2008
OWENS, W. W. "B" produced 42 barrels PER MONTH NOT PER DAY with a last production date of 1/1/2008
so 3.27 barrels per day, for both leases.
Some do, it just gets deleted like this post will be.
You know that question will never get answered. We need to talk, I am runing out of the 199+ BBL leases, we need to decide a direction soon.
This is true. People do not drill and prey, they usually know what is down hole. When companies do not release reserve numbers is time to worry
Misleading information on tax loss booking date and wash sales here are horrendous.
Maybe some people don’t want an avalanche in PBLS for their own reasons.