Treaty Energy Corp. (fka TECO)

[SCHNAUSER]

That is only 1.21 BOPD per producing lease. If you add in all the leases, then you get only .60 BOPD. Not enough to pay expenses imo and certainly not enough to be considered to be producing in paying quantities which is the TRRC and the Texas legal standard to maintain the leases in force. I've been in court over it before and won each time. You simply have to produce oil in sufficient quantities in Texas or the landowner can have the lease canceled. No prudent operator would want leases like these.