Treaty Energy Corp. (fka TECO)

[smithsd7]

Your answer was already in post #313570

Excerpts from the 10Q dated June 30, 2010:

“In July, 2010, we sold a 5% interest in our investment in the Joint Venture with Princess Petroleum Limited (2.5% of the total partnership interest) to an investor for $250,000 in cash.”

"We intend to finance the drilling of one to three wells by selling additional interests in our Joint Venture with Princess Petroleum Limited."