So lets compare CEO's 2012 remuneration for start-up oil companies. Treaty Energy Corporation (TECO) - Andrew Reid $2,600,000 Hyperdynamics Corporation (HDY) - Ray Leonard $961,000 New World Oil and Gas PLC (NWO Incorporated in Jersey) - William C. Kelleher $721,000 The performance of the three companies can be read in their annual reports referenced below. Who knows why start-up Treaty paid their CEO the same as multinational BP in 2012? I don't. Cheers Belize Oilwatch Belize City, Belize CA Just facts from the web extracted in Belize [Data sources: Treaty Energy Corporation (TECO) http://filings.irdirect.net/data/1075773/000135448813003661/teco_10k.pdf Treaty year end December 2012 10-K Hyperdynamics Corporation (HDY) http://investors.hyperdynamics.com/secfiling.cfm?filingid=1047469-13-6161 Hyperdyamics Proxy for December 2013 Shareholders Meeting year to end June 2013 refenced in http://investors.hyperdynamics.com/secfiling.cfm?filingID=1047469-13-8991 Hyperdynamics end June 2013 10-K New World Oil and Gas PLC (NWO Incorporated in Jersey) http://www.nwoilgas.com/investor-relations/financial-information/ New World Oil end December 2012 Financials ]