Treaty Energy Corp. (fka TECO)

[rprocks]

MAX PRODUCTION -662 wells
662 wells x 10 bbps =6620 barrels per day. 6620 barrells per day x 365 days in a year = 2,416,300 barrels per year. 2,416,300 barrels per year x $73.50 crude oil =177,598,050 in yearly revenue. With a fully max A/S that is $ .355 per share.

CURRENT PRODUCTION-450 producing wells 212 need reworked
155 bbls per day x 365 days = 56,575bbls per year x $73.50 = $4,158,262 with a fully max A/S that is $ .0083 per share.

FUTURE NEW PRODUCTION-75 NEW wells PER YEAR
75 x 10bbls per day =750 bbls per day x 365 days =273,750 x Crude oil$73.50 =$20,120,625 with a fully max A/S that is $ .04 per share.
75 new wells will be drilled per year and the revenue will be .04 per share increase every year. This number will double every year.