Chit, it never was 2000bbls per day. Why would you post that when the amount was interpolated by what was coming out the first few minutes. Obviously there was a good buildup of gas pressure and that is what caused the volume for a short time. Take the PR today for what was actually tested. Why would anyone not consider $4,000,000 in potential minimum revenue per year to be a really great beginning for TECO? That is the real message. Perhaps a reread is in order.

65cuda, can you also ask them why they cannot seem to get the chart share prices correct?

$4,000,000 annualized revenue, and the well hasn't even been expanded with additional horizontal drilling yet. You posters do realize that this one well has just about sufficient revenue to cover TECO for their annual expenses. But wait! The revenue on just this one well could easily triple or quadruple with expansion, or maybe even more than that. This is like a golfer hitting a drive 330 yards and having a 100 yard wedgie into the green. Salivating. NICE JOB TECO management! Game On!!

Cool, what happens to the stock price if Treaty reports on the East Texas well that it can produce at say over 100 bbls per day and that would cause the company to become cashflow positive?

Buy your $1 stock for a discount today! Man, do I like the sound of $1 per share. I'd have enough money for a nice vacation to Belize for sure. Now we're really talking.

Are the leases in east Texas considered to be in the Barnett Shale play?

IHUB needs to rework their TECO chart. They're still showing .04's and TECO hasn't been there all week.

IHUB needs to rework their TECO chart. They're still showing .04's and TECO hasn't been there all week.

Investtoski, the GOB has already had to eat crow, even though they made TECO hold the salt and pepper. The PR even stated three zones. Gee, that's news. The first report months ago was only about one zone. Now, there are three. I hope everyone understands that point. The GOB acknowledged there are three zones in the Treaty San Juan #2 in Belize. Otherwise, they would not have even let the PR go out. They have stated they control the oil deals. Take their word for it. This is their latest word.

Notice to TECO shorts. You better cover your bets. You might have a couple of days or so at best. Posters keep this in mind. It has been posted that TECO only needs 100 to 125 bbls per day to become cashflow positive. Even if it's a tad over that, this one well could make your investment a positive cashflow company. The pps is heading north.

The Real Treaty Picture. Treaty management is illustrating again that they are working diligently to continue to improve investor's opportunity in their stock. Check the lease acquisitions over the past 18 months. Well over 3,400,000 acres. Check the equipment acquistions over the past 18 months. Drilling rigs, pumps, platforms, drill pipe and casing, trucks, wireline equipment and personnel including consultants. There are few micro-cap public companies that can show the accomplishments that Treaty now possesses. Finally the pieces are fitting together and production is now within days of fulfillment. We could easily be at .10 by the end of July, and double that by the end of September which is the end of the third quarter, possibly a lot higher than that if the Belize wells and the Texas wells hit really good. Aren't you glad that you are a Treaty shareholder? Betcha wish that you would have bought another million shares at .03.

Good Rambling Arstegall. And you're right on spot. The real picture is now sizing up for Treaty. Those folks who stayed the course will be well (no pun intended) rewarded. Yes sir. Get that beer iced down and the brisket and ribs rubbed down. Gonna have a good ole fashioned TEXAS oilwell party. But of course here in Houston, that's just about every weekend. Right now, time to head'em up and mov'em out. PPS is heading north. Cheers!

Agreed. Either way, I like the .50 near term potential. And for sure, I like the $1 longer term potential of Treaty.

Cool, I like your analysis. However, I think your PE is probably low. For sure most energy companies may carry that multiple. But most energy companies don't have the explosive increase in production opportunity that Treaty has. Their potential production of 1000 bbls per day is just the beginning with their fields in Texas and Belize. But Belize has only been drilled in one area, and Treaty has two other areas they can expect to drill on. Those two other areas could produce a double of production and not many other energy companies have that kind of doubling opportunity staring them in the face like Treaty. Just my opinion, but if that happens, even under your PE of 12.5 that doubles the share price to $1. All in all, the picture reflects what we all have been thinking, Treaty represents a very good opportunity for price appreciation over the next few months, and years.

Actually, I hope Bull gets covered in oil in Texas next week. As a matter of fact, that would make a good video on the facebook page. Yep, he probably should take a change of clothes. This could be the TECO picture of the year.

BO, what is it about "affirmed" that you don't understand? And did you forget that all the wording has to appease the GOB. Any wording that is so apparently contrary to what they expressed before is taboo. All of Treaty's PR's will have to have very low key wording, or as our government would say, parsed. Surely that is understandable, eh? And as you so appropriately pointed out, Treaty would have hired two major oilfield service companies to assist them if there wasn't an oil play there that warranted it. Treaty, by bring them into the picture has taken a giant step forward in their association of real oil players. When those guys get going, and that could be as early as today, or first of next week, then the game is really on for Treaty. When they reconfirm oil, then the play is legitimized. And when you consider that Treaty contracted with these two companies for six wells, it should be even more reassuring for Treaty investors to know that you have major credentialed players working alongside Treaty's employees with the intent to produce oil. And last but not least, DO NOT FORGET TEXAS just because Belize is now going hot and heavy. Next week we could read about the results of Treaty's first horizontal well in east Texas. Overall, we as investors could be seeing good and exciting news coming out of Treaty for the next several weeks. But wait, I almost forgot to mention west Texas where Treaty is finally drilling the first well of their Texas program. Man 'O Man, Treaty is heading up and moving it on out.

Slow, a portion of today's news what what was expected next week. However, if the weather will hold out for three or four days, Treaty could have the next site ready for drilling sometime next week. Remember, they may go down to 4000' on that one so don't expect any result announcement for about two weeks. Just stabilizing the site will take a few days, and it may be that they will use the platform transported down there which then allows an above ground blowout valve instead of below surface. Add not only the drilling but the casing and cementing and then testing. Too many folks on the board think they can drill today and have results tomorrow sometimes. Not reality. So, hopefully with some reasonable weather Treaty could have the second well in by the end of July. And just because they want Schlumberger to come into the picture, remember they still have their own wireline tests that wil tell them pretty accurately what is going on and they can relay positive results to investors. Bottom line. Finally, things are beginning to really look good in Belize. And Texas could really add oil to the fire. Get ready.

The real story. Do you think Treaty would spend the money and bring in the big guns if they didn't have something? After all, if there was not probable oil in the first field in Belize they could just move on to the second discovered field. And, they evev have a third, of which they have stated both 2 and 3 are larger than the first. Load up. Ready to roll.

Treaty Oil in Belize at 42 gravity. Nice, sweet. Recent test indicate what should be great opportunity for Treaty stock to accelerate higher. Good job Treaty. Now, keep drilling and bring us some more good news.

Just talked to a buddy in Belize. Said to expect more news from there next week, and it will cause some major excitement. Now, ya'll have a great Fourth. And remember all those who have gone before us and helped to make this a great country to live in.

Geo, your post was good. You fairly presented what Treaty will in all probability have to do. And as you also mentioned, if they do in fact move the rig to the second well site for drilling, I'm not sure they have any type of other rig left in Belize for compeltion as it seems like they moved the smaller rig back to Mobile for repairs and then were intending to send it out to west Texas for drilling there as it had limited depth capacity. Again, nice post.

Depends on what all Treaty intends to do. They mentioned casing and cementing and testing in the PR yesterday. With good weather, that might all be done in three days or so. Then will they also perf the well? Seems like they should from the original comments made months ago. Another day, or so if they have everything needed for that. Then if there is production, they will need storage tanks. And then back to the first comment. It all depends on what operations they want to get done. What the news did was further the positive news from months ago that the GOB discounted. And now the GOB is not going to retract anything and compromise their public position, but rather by giving Treaty the go ahead, it appears they acknowledge the positive well response and have nodded accordingly. The good point is that Treaty is finally moving ahead in Belize with more opportunity right around the corner.

The report said "positive" and the GOB gave the go ahead for the PR as they had requested. In addition, the GOB even gave permission to go ahead with the drilling of the second well. Pretty positive news, I'd say.

Now we're talking. Turn up that Rock and Roll music. More ice on the beer.

As for Belize production, I haven't seen any holding tanks in the pictures or videos yet. Are they there? If so, then they could begin production but keep in mind, they are supposedly in limestone and therefore may need to perf the well. Has that been done? But the real key is the holding tanks. Without them, they might not be able to produce since they would have no place to put the oil. As for Texas, let's see what the news brings this week. Certainly everyone, including me would like for Treaty to have drilled months ago and hit oil months ago and had production months ago. But whatever reason, Treaty has to go through the steps to get all of that done. Hopefully our patience will be rewarded with lots of oil. Heck, right now, I'd even trade a case of beer for even one barrel of production in Texas, and two cases for one barrel of production in Belize. Just the announcement of that would cause the stock to accelerate. Don't ya think?

Let's not rush on the production. They still may have to set casing and wireline test and perf the first well before any production, don't ya think? But the second well could begin this week or next. That in itself would say the GOB has given approval to "move it forward." An excellent sign if that comes out this week. And Texas should begin this week. It's been a long time getting Texas ready for their drilling program to begin. Hopefully this third quarter which starts today will generate some good news on the drilling and opportunity front.

The GOB Prime Minister, no. I don't need to hear directly from him. All we really need is that the GOB has confirmed by allowing TECO to complete their first well, and OKing the drilling of the second well. If the wireline test is positive, then that's all the government has to do. From there, we are off to the races, again. Heck, TECO could even get started on drilling the second Belize well next week if the GOB gives the OK. Think the shorters will be scrambling then? I'm in the market for shares. As Jefferson would say, We're heading on up!

I thought long term was for a full 12 months. Not sure. Better check my CPA. As for TECO value. Even if they had only $9 million in revenue, you could easily tab that at a 20X and get a market cap value of about $180M. If there are about 750M shares outstanding, you would get a market value of about .24 per share. If you had $90M in revenue, multiple the .24 times 10. Keep in mind to get to $90M in revenue, you have to produce about 3000 bbls per day at about $80. Not sure TECO could do that this year, but next, who knows. They just need to get the first well in Belize redrilled and tested positive and then completed, and then get the drilling program going in Texas with their first well hitting commercial volume and then hitting the second, and .... keep it going.

I've cleared enough cash to purchase 2M shares when news is out. As Cool said, if we can get some more to do the same, we can absolutely kill the shorts in three or four days. A four day buying situation beginning on a Wed takes the shorts through Friday deadlines for covering and a continued buying program on Monday just about asures a blowout for them as they should absolutely have to cover by Monday's close.

Bronco, past experience tells me that if there are that many short, then we may have to have at least about that much volume in real buying to keep the price headed north. Otherwise, they will try to limit the upside at every turn, or in this case at least every couple of cents on the way up. Look at the runs before. .01 and a small wall at .03, then at .05, then .07, then .09. We broke through .10 and hit another small wall at .11 before topping out between .12 and .13. But who knows. The data doesn't reflect that high of a number that I can find. Any links to back up the reported number?

OK Steede, you're on. I take Belize for two beers at the Princess Hotel. You win if Texas hits, and I'll bring two Lone Stars to Abilene, then we can visit the wells out there.
PS: I'm betting we hear a confirmation on Belize next week.
PSS: I'm betting we hear a confirmation on Texas next week or the week after.

Even if three million shares trade in TECO, that is only about .004 of the total outstanding shares. So less than half of one percent. Not much volume actually for the number of shares out.

The pps today, or tomorrow, or even next week is not the issue. The real issue is what the pps will be in three or four months when Treaty will then have at least two wells drilled and completed in Belize, eight to ten wells drilled and completed in Texas and the recently acquired well to be drilled horizontally to 1900 feet and then out a thousand feet will be drilled and completed. With the total production from these wells, Treaty will have the opportunity to exceed their proposed 1000 bbls per day and that will get the investor community to notice and the media and then you will see a price move a lot higher than today. By then the mm's will be more on the positive side and trying to push the stock higher. JMO

Taylor County

New drill: C&C Petroleum Management, LLC will drill Well No. 20 on the McComas -A- lease, 6.3 miles southeast of Abilene, in the Micoau (Flippen) field. Total depth: 1,900'. Location: 1,432' FEL and 2,108' FNL of Section 3 of the LAL/H.M. Moon survey. Abstract No. 1045. Status No. 742460. API No. 441-34378.

Confirmed allbetson. That's a big ten four. Drilling in Belize. Texas drilling to begin Tuesday. Expect plenty of news this week, not only on these fronts. Roger and out.

Confirmed allbetson. That's a big ten four. Drilling in Belize. Texas drilling to begin Tuesday. Expect plenty of news this week, not only on these fronts. Roger and out.

One thing for sure, we should know the real deal in Belize within the next ten days or so. I sure wouldn't want to be short this time next week and looking at the probability of Treaty being able to announce positive results from their wireline testing the first week of July. Shorters may find themselves trying to cover quickly. And that just adds fuel to the pps rise. This has been kinda like a track meet. Runners line up and the gun goes off and oops, someone had a false start. OK, wait a little and back in the blocks and the gun goes off, but wait, another false start. But folks, this time the gun is gonna go off and the race will be on for good. Drilling in Texas could commence this week. Redrilling in Belize could commence this week. Got your track shoes on? We're about to go to the mark.

Cool, with the possibility of Treaty readying for re-entry into the Belize well next week, and the possibility of Treaty beginning their Texas drilling campaign next week, it would seem that there will be a tremendous conflict brewing about Wednesday or Thursday next week. It would seem that if we had some high volume buying on Wednesday and Thursday, by Friday the shorters would really have to begin covering and the price could drive higher to at least .04. This would especially be true if Treaty could announce some positive result from either Texas or Belize on Friday afternoon. Then the blow out would follow.

What you didn't post was the idea that Bull could have used the .03 money that came from his 60000 share sell to acquire twice the number of shares on his buys. Surely that sounds like a good investment play to you, doesn't it?

For every sell, doesn't there have to be a buyer? If that's the case, then there is a lot of buying going on, on a really low cost to invetors who just may be wanting to add to their share base or average down or whatever to increase their holdings of TECO shares. I've accumulated more at these low share prices and with TECO now getting ready for reentering the Belize well and beginning preparations for their Texas drilling programs, this stock has a really great opportunity to again give investors multiple returns. Consider this. At one time in 2011, you could have bought TECO for about .01. At one time in 2011 you could have sold for a 700% gain or better. At one time in 2012, you could have bought TECO for about .045 and sold it for about .09 or better for a 200+ gain. In both years, a minimum double of their investment. Those are fantastic returns even for investors who are professional traders. And now, we are facing the opportunity again for a double, triple, perhaps even quadruple again in 2012. Even the best of traders would like those potential returns. So, ice down the beer, crank up the volume of your favorite music, get a good comfy chair under the shade tree and kick back. In a few weeks, your investment today will make you look like a seasoned professional trader with the gains you could make.