Treaty Energy Corp. (fka TECO)

[tdbowieknife]

And of course the Belize lies...

PM says Treaty Oil lied about oil find

On Monday, reports from legitimate international news sources went viral with information that Treaty Energy had struck black gold or Texas tea in Beverly Hillbilly proportions. But like the defunct sitcom from the eighties, it seems that it was all just a badly written script. The news articles quoted Andrew Reid, co-chief executive chairman of Treaty Energy who claimed that the they have found about six million barrels of untapped oil near Independence Village in the Stann Creek District. Today the Prime Minister said that it’s simply not true. And as a matter of fact, the Chief Geologist couldn’t find a wet rock.

Dean Barrow

http://belizenews.com/


No oil in Belize.

New Belize Map out dated June 2013... It shows San Juan well 1 & 2 as "dry holes"... Not even dry hole with gas or oil shows but a "dry hole"...

Treaty calling them not commercially viably is very misleading. Calling them that would imply that some oil was found. The TRUTH is that NO oil was found... NOTHING.

http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize%202000%20-%202013.pdf

It also does not show the Aeromagnetic Survey that Treaty started to do. That is likely because it was never completed.

Screen shot below...


Another map showing all the wells drilled in Belize. There have been some wells with oil shows to the South and West of Treaty's concession. But nowhere near where Treaty is drilling.

Treaty is drilling in the wrong area...

San Juan 3 is another dry hole as shown in this recently updated map from the Belize Geology and Petroleum Department, the same as 1&2 which are only a mile to the south. Like I have said before Treaty went in the WRONG direction in choosing the drilling site for San Juan 3.

No oil in San Juan 3...

http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize.pdf

Screen Shot Below...


That brings something else to mind... How in the heck does Treaty get a claim of 6 million barrels from a dry hole???

It looks as if the whole Belize thing is nothing but a ruse to sell shares.

Wonder what the SEC thinks of this PR about a dry hole??

Our internal analysis indicates that the Stann Creek Field covers an area of around 350 acres, and with 4-acre spacing we would expect to drill up to 90 wells in this oil field. Based on our initial findings, we estimate there are about 5,000,000-6,000,000 Barrels of recoverable oil in place in this first finding."

http://ih.advfn.com/p.php?pid=nmona&article=50943326

All complete Treaty BS...

And how does Treaty report in a 8-K a "pay zone" in a dry hole???

Treaty Energy Corporation (“Treaty” or the “Company”) today reported drilling success on its first oil well, San Juan #2, in Belize, Central America. Treaty reached the initial pay zone of 1235 to 1290 feet and found hydrocarbons at this depth.

http://www.sec.gov/Archives/edgar/data/1075773/000135448812000365/teco_8k.htm

More Treaty BS...

The Belize Geology and Petroleum Department says the well was a dry hole without ANY gas or oil shows. Soooo it now appears that Treaty was in fact very misleading in reporting the findings in Belize and that the Belize Geology and Petroleum Department was the reality...

Fake Belize Oil Strike in the News...

http://www.sanpedrosun.com/business-and-economy/2012/01/31/ministry-of-natural-resources-refutes-claim-of-oil-discovery-in-southern-belize/


Treaty's been deceiving investors, the public and the people of Belize all along Treaty has known for some time that they were going to plug San Juan 1,2 and 3.

Treaty has yet to make this info public....

http://edition.channel5belize.com/archives/93511



Belize was nothing but a show for investors.

Jeffrey Mercer VS Ron Blackburn-Treaty Energy

Check out Paragraphs 5,6, and 7 of this court filing from a former investor suing Treaty Energy to get is money back when he realized what Treaty was telling him was a load of BS...




https://docs.google.com/file/d/0B8fPIL-cKPM-YU5yUWxOT3ZhTjQ/edit


Update 20 link here... There was a lot of older stuff taken out of the updates after 20.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114528851


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