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Here is a nice link I just love reposting. Y'all have a Happy New Year Hear!
https://www.facebook.com/TreatyEnergyCorp/posts/572602276164328
Merry Christmas to all and a Very Happy New Year:
https://www.facebook.com/TreatyEnergyCorp/posts/572602276164328
Merry Christmas to all and a Happy New Year!
http://www.treatyenergy.com/sites/default/files/TECOBK/TECO_BK_Reopen.pdf
Tom thank you for your continued hard work to make Surgline a success. I am wishing you and your family a Very Merry Christmas!!!
Really because a Federal Judge Dimissed the case against Treaty by petitioner claiming Treaty had possession of his stolen rig.
People can say the judge was wrong on his decision to dismiss case against or the he didn't understand the facts, but guess is decision is the only one that counts. The judge will also be the one making decision on the allotted damaged.
NEWS yesterday about reopening Federal CASE AGAINST PETITIONERS
As per Treaty Facebook page:
Treaty Energy Corporation
We just got out of court. The judge has granted our motion to re-open the involuntary bankruptcy case with the explicit instruction that it will be to determine damages against the petitioners. We'll have more information in the near future.
That's is all I need to say on that YAY!!
Also the 3rd Quarter Financials will be released by December31, 2013
Again Yay!!!
To follow will be the completion of Stockton 3 and the restart of the Treaty Drilling Program
Yes sir the Federal case was REOPENED and will only to be for determining damaged caused by petitioners of the DISMISSED Bankrutcy Case. It is on Treaty's Facebook Page:
Treaty Energy Corporation
We just got out of court. The judge has granted our motion to re-open the involuntary bankruptcy case with the explicit instruction that it will be to determine damages against the petitioners. We'll have more information in the near future.
Great News Tom Thank You!!!
Agree with you but I am just stating what I have seen over the yrs on this one.
I personally think this is someone with a lot shares getting some money for Christmas, it seems like it always trades around this time of year. IMO
Yes sir I will be at the courtroom for sure, I have rearranged my schedule for this special event I hope everyone involved is in attendance.
Dloggold I know I am rearranging my schedule to be a the hearing December 18!!! That's 16 days from today for some here to realize time is very short lol
Happy Thanksgiving to everyone!!
Happy Thanksgiving to everyone!!!
Tick Tock Tick Tock judgement day is comng so people say they want about Treaty but the will file Audited financials before December 31 and the Drilling will continue with the completion of Stockton 3 (least y'all forget Stockton 2 is 62 bpd) Stockton 1 completed. The next 3 wells are set to be drilled lol. So y'all keep yelling it from the mountain top that Treaty is not become more self suffient but the true keeps coming out as oil producing wells come on line all the time. Oh yeah less not forgot the can of trouble that is fixing to be opened on some people who tried to bankrupt Treaty and the case was DISMISSED. That brings me back to the beginning phrase Tick Tock Tick Tock
Least anyone forget I thought I would remind everyone of some the past predictions or DD posted here and I am just going say humm
TECO Mitchell will only produce 1 to 3 barrels.
TECO is in Bankruptcy.
TECO is out of business May 1.
TECO stock is vapor.
TECO will never drill again in Belize.
TECO is spending 50k to 100k a day on SG&A
TECO has toxic financing.
TECO has only 400 shareholders .
TECO will only receive 1/3 of a barrel, 3 or 4 months from now.
TECO has suffered no damages because the stock went up after the filing.
TECO is holding out information on SJ3
TECO only gets 9% of the Mitchell.
TECO cannot sell any leases.
New and Longtime investors judge for yourselves
Panther what is funny people keep quoting from a case that the Federal Judge dismissed as unqualified! The petitioner's case was DISMISSED and now Treaty has filed for damages from the petitioner who filed the now DISMISSED case! Since I only get 1 post here a day I will answer Panther by saying reality will be coming soon to the petitioners. Also several more wells will be coming online also!!! Go TECO!!!
Can this come to life again if the shell is bought? TIA
Everyone read very slowly, the Heartland rig that is positioned over the Stockton 3 is still there making repairs. The Heartland rig that is on the Stockton 3 well will be moving to the next Treaty location the, Kubacak 3 next week after repairs are done. Ok I everyone understand the timeline.
Treaty will be drilling next well by this weekend, just saying! Oh by the way Get Ready!!!
Here's some NEWS from Treaty to start your Monday morning:
News for 'TECO' - (Treaty Energy Corporation Announces Plans to Expand Oil and Gas Development in Tuscola, Texas and Provides Material Status Update for Investors Treaty Energy Announces Plans to Expand and Drill Three Wells in the Immediate Future on the Kubacak Lease with up to Thirteen Wells Planned; Provides Material Updates in East Texas and Belize)
NEW ORLEANS, Nov. 11, 2013 /PRNewswire via COMTEX/ -- Treaty Energy Corporation
(OTCQB: TECO) (http://www.treatyenergy.com), a growth-oriented international
energy company, today announced plans to expand its oil and gas field
development operations in Tuscola, Texas and provided a material update on all
other current operations in East Texas and in Belize.
(Logo: http://photos.prnewswire.com/prnh/20130716/MM48083LOGO)
Treaty Energy Corporation has acquired lease rights to drill thirteen (13) new
wells on the 260 acre Kubacak lease. The Kubacak lease is located approximately
three and a half miles southwest of the Company's current operations on the
Stockton and Mitchell leases. The Company plans to develop the Kubacak lease in
three phases. The first phase calls to develop three wells to determine the
field's characteristics, the second phase will expand on the first three wells
to include an additional 10 wells. The third phase will be announced at a later
date, after the first two phases are completed and more lease assets are
acquired.
Prior to this announcement, the Company applied and received approval to begin
drilling the Kubacak #3 well and has already begun pre-drilling operation to
minimize delays in drilling between the Stockton lease project and the Kubacak
lease project. To view the approved permit, please visit:
http://www.treatyenergy.com/sites/default/files/Kubacak3.pdf.
The Company plans on applying for the other two permits once it receives
confirmation of a final drilling schedule from its contractors. The Company
anticipates that drilling of Kubacak #3 will begin before the end of the month.
The Kubacak lease is located on the Taylor County Regular, the same producing
field as the Stockton and Mitchell leases. Unlike the Stockton and Mitchell
leases, the Kubacak lease is considered underdeveloped. Most of the wells in the
area were plugged in 1971 to 1973 after OPEC became the dominate price setter
for crude oil prices around the world and oil production demand declined in the
United States. Initial production rates for this field vary between 50-174
barrels of oil per day and show that new wells in the area may have up to five
potential pay zones.
News of the Kubacak development comes on news that the Company reached total
depth on the Stockton #3 well and completion work on the Stockton #2 well is
nearing completion. Initial swabbing attempts on the Stockton #2 have pulled
high yields for oil production and initial electrical and geological logs on the
Stockton #3 show confirmation of oil production similar to the Stockton #2 well.
Both wells are expected to produce similar to or exceed production on the
Mitchell #4 well.
On June 17, 2013, the Company announced that the Mitchell #4 had an initial
production rate of 61 barrels of oil per day (BOPD) and had a consistent
production rate of 45-50 BOPD. Production rates as of November 11, 2013 show
that the Mitchell #4 has reached the expected bottom of its production decline
curve and is producing a consistent 15-25 BOPD (combined #3 and #4 production is
between 30-50 BOPD). Based on historical levels, the Mitchell #4 is expected to
remain at these levels for 1-2 more years before hitting another minor decline.
The Company recently acquired ownership rights to the Stockton #1 well. After
completing the Stockton #2 well the completion rig will be moved to re-perforate
and rework the Stockton #1 and Stockton #3 wells. This will complete the
Stockton lease project and will allow for the Company to shift focus to the
Kubacak lease.
East Texas and Belize Updates
The Company has made significant progress on its East Texas operations. After
partnering with another Company in the area, production has been restored to the
Hill lease in Shelby County, Texas. The Hill lease, which was shut in almost a
decade ago, has been reworked and is now producing approximately 100 MCF per
day. This gas well is now expected to gross approximately $9,000 per month
($108,000/yr) before ORRI splits.
The Lakeshore lease which received a work over and pumping schedule change
earlier this month is now producing between 3-5 BOPD and is also expected to
gross approximately $9,000 per month ($108,000/yr) before ORRI splits.
The Company is now working with its partner in the area to evaluate and possibly
bring the Madeley "F" well back into production. This well was producing
approximately 10 BOPD in oil condensate and approximately 600 MCF monthly before
unexpectedly and suddenly ceasing production in October of 2012. The Company
believes that one of the many laterals on the well is causing a loss of down
hole pressure and may opt to plug and cement the lateral to try and restore
pressure to produce the well.
In addition to East Texas operations, the Company has restarted operations on
the San Juan #3 well in Belize. For the last few weeks, the Company was at an
impasse with a stuck packer rod that had rotated half way up the well,
preventing completion work from being done on the well. For the last three
weeks, the Company has been manufacturing an overshoot tool that would bypass
the stuck packer and pull it out of the well. Company engineers arrived in
Belize on Thursday with the newly manufactured part and will begin attempting to
remove the packer from the well on Monday afternoon. The Company will update
investors on any new information via normal communication channels should any
major developments occur.
To view a complete map of all current TECO operations including
production/drilling status, please visit:
http://www.treatyenergy.com/operations/map.
ContactTreaty Energy CorporationInvestor Relationsinvestors@treatyenergy.comTel:
504-301-4475Fax: 504-324-0844
Company LinksWebsite: http://www.treatyenergy.com Facebook:
https://www.facebook.com/TreatyEnergyCorp Twitter:
https://twitter.com/TreatyEnergyCo
About Treaty Energy CorporationTreaty, 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.
Treaty Energy Corporation (TECO) trades on the OTCQB, the marketplace for
companies that are current in their SEC reporting requirements. Investors can
find Real-Time quotes and market information for Treaty Energy at
http://www.otcmarkets.com/stock/TECO/quote
Forward-Looking StatementsStatements 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.
SOURCE Treaty Energy Corporation
http://rt.prnewswire.com/rt.gif?NewsItemId=PH14197&Transmission_Id=201311110745PR_NEWS_USPR_____PH14197&DateId=20131111
www.prnewswire.com
Copyright (C) 2013 PR Newswire. All rights reserved
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Texas
INDUSTRY KEYWORD: UTI
OIL
SUBJECT CODE: CXP
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Really Treaty looking for witnesses, the case against Treaty was dismissed. Why would they need witness?
Stockton 3 almost done barring any shutdowns it will TD today, log the well, set casting and be out of there on to the next well by Friday. The weather out there looks very windy but no rain in forecast until Monday, of course that can change anytime lol. This will be the 4th successful wells for Treaty has drilled this year and there will be several more weather permitting by the end of the year. So recapping we have Mitchell 3 & 4 pumping oil, the lease in east Texas producing Natural Gas ( per this week's newsletter ), completion and putting into production this week of the Stockton 2, TDing, logging, casting of the Stockton 3 by Friday, then on to the next well. I have stated several times on this board. The company has turned around and is making Great Strides to become CFP by the end of 2013 and communication with shareholders is at a all time high, make your decision whether there is money to be made by investing in Treaty or not and then put your money where your mouth is. GET READY!!!!!
I have expressed that same question several times here. They say the is worthless soon to revoked and so on. My question is why are they still here.
Agreed sir with all the oil well drilling and completing activity going on how can it not.
Look at the trading action on the huge news release today. You say someone is scared this Treaty is fixing to exploded way up to the up side and they are fighting to hold it down? The company has the newsletter coming out every week with good news and delays of why explanations for the delays. Treaty has turned the corner more accountiablility which great from a penny stock!
In the newsletter released from Treaty on Monday September 30, 2013, it states that they ( Treaty ) are still working on San Juan # 3. This is not hear say or opinon but straight from the company. That being said people that want to invest their money in TECO must decide if they want to believe the news releases made by Treaty over the last several inwhich management are making strides to become CFP, cash flow positive, or the message boards, this is plain and simple. Since I get 1 post a day here. I say let the GOB and Treaty release news of a oil well or not, I will not have words in my mouth that I did not say or even come to saying thank you.
Yes Running1 everything is running at TECO as per the communications between company and shareholders. Treaty has a drilling rig on location in Texas and it making progress 24/7. Treaty has oil production coming out of the ground and going to market! Company is to provide daily update on the drilling progress in Texas! Now This is management team that shareholders can be proud!
FACT
3 the Intimidator I believe the company has responded to this issue!
Here is the company's response:
http://www.myprgenie.com/view-publication/surgline-international-inc-management-update-on-business-matters?user_type=mc&ref_no=NTk4Mzcz%250A
GO SGLN
Tom thank you again for setting the record straight, it is much appreciated!
Jim B
How about production Mitchell's 3 & 4?
News for 'TECO' - (Treaty Energy Q1 net loss increases)
Sep 20, 2013 (MarketLine via COMTEX) -- Treaty Energy Corporation, an oil and
gas exploration and production company, has reported a net loss attributable to
the company of $3.89 million, or $0 per share, for the first quarter ended March
31, 2013, compared to a net loss attributable to the company of $769,302, or $0
per share, for the first quarter ended March 31, 2012.
Total revenues for the first quarter ended March 31, 2013 were $138,617,
compared to $57,016, for the first quarter ended March 31, 2012.
Operating loss for the first quarter ended March 31, 2013 was $3.81 million,
compared to an operating loss of $749,145, for the first quarter ended March 31,
2012.
Total assets as of March 31, 2013 were $1.6 million, compared to $1.76 million,
as of December 31, 2012.
Andrew Reid, chairman and CEO of Treaty Energy Corporation, stated: "Our first
quarter results provide evidence that the Company is moving in a positive
direction. Revenues increased over the same period a year prior, and during the
first three months of 2013 are almost equal to the total revenue of 2012. The
Company has made several changes in 2013, all of which are incredibly positive.
The Company drilled two new wells, Mitchell #3 and #4, both of which have
produced close to 4,000 barrels of oil. We are close to drilling two additional
offset wells and performing work overs on two more."
URL: http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
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taken in reliance thereon
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Yes Jude Sales announced! I feel like when this group of Doctors see how good Surgline products are and the huge savings to patients and the faculty there will be more orders coming shortly just takes time.
Thank you for the updates Tom
Panther that was well said my friend!
Agreed time to give it a rest. The rig in question was purchased by Treaty at an arthorized auction. The rig cleared customs in the United States and then shipped to Belize. The rig then cleared customs again to enter Belize. If everyone has ever shipped anything large to other country the documentation you need is incredible, this alone answers any questions I have about the rig.
EZ me neither! Update from GOB on the vitualiblity of San Juan 3? Or possibility of Mitchell 1 online? Or worked over of Stockman and online ? Maybe all 3? Go TECO!!