Treaty Energy Corp. (fka TECO)

[DTL]

I don't think if effects drilling either. If I read correctly; just some individuals claiming shareholder/ownership rights to the concession and that decision is being handled by the supreme court system. Where is the "Princess Concession" spelled out or has that been the assumption?

From 8/30/2011 PR:

Treaty Energy Advances on Belize Project
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Treaty Energy Corp (QB) (USOTC:TECO)
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3 Months : August 2011 to November 2011
Treaty Energy Corporation (OTCQB: TECO), a growth-oriented energy company in the oil and gas industry, today reported on its continued progress on the Belize project.

Treaty Energy is pleased to provide the following updates on projects that the Company is working on in Belize.

1) The surface lease agreement has been signed in partnership with one of the largest landowners in Belize, which covers a significant percentage of the 200,000 acre land portion of the concession.

http://ih.advfn.com/p.php?pid=nmona&article=48997283


From 7/18/2011 PR:
Andrew V. Reid, Chairman and CEO of Treaty Energy Corporation, stated, "We are pleased to confirm that all things requested of Treaty by both the Belize Department of Environment and Department of Petroleum have now been completed and provided to the proper Belizean agencies and approved. In addition, we are elated that the Director of the Ministry of the Environment has signed off on our environmental checklist and now confirmed that Treaty may move forward and drill the initial eight wells identified by location in our drilling program."

http://ih.advfn.com/p.php?pid=nmona&article=48475856