Treaty Energy Corp. (fka TECO)

[MadeIt]

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.

Remember this is just ONE deal that Treaty Energy is working on.