Treaty is a start up energy company based in Texas, the good ol' USA. Maybe some would prefer to invest in other countries but myself, I prefer the USA. I prefer capitalism over socialism, spending cuts over spending and domestic oil over foreign. Some would disagree but for me I'm betting on the United States.
Treaty is a ground floor OP for people. If you want to invest in Exxon then by all means do it, but if you want to be part of a growth story then Treaty is your place. Just like anything else in life most of the work is in the preparation, Treaty is building the foundation now and looking to the future. Treaty will be pumping plenty of oil in the near future, but now they need to set the workings in place to utilize the reduction in costs of the oil service areas.
At $35 a barrel Treaty is profitable. The oil service industry is at a low and makes drilling and other activities very affordable at this time. Let's say Treaty is pumping a little oil at this time, but if Treaty management is putting in place a workable and profitable business plan is this not considered a proper and effective approach to profitability? Like saying the person prepping the car for a paint job has no value, just the painter and final paint job matter. When in reality the preparation of the job is where all the real work is accomplished.
The management of Treaty are experienced respectable individuals knowledgeable in the oil business. Ronda Hyatt, the President of Treaty is a Geoscientist with in depth knowledge of the areas Treaty is drilling. The board of this company is dedicated to shareholder value and Treaty's success. Remembering Treaty is a start up company, I suggest two years from now many will be thankful they came aboard...
