Treaty Energy Corp. (fka TECO)

[Allisone]

Belize press Credibility Verification

I'm not sure of the sources credibility, I think that the Belizean Media is very bias against Oil & Gas Companies.

On the other hand, the quotes that are used are claimed to be from the Minister of Geology, & are pretty incriminating... IF this report is true, and that's a big IF, then I smell a class-action lawsuit just around the corner... Though it might be difficult finding a lawyer to file suit - TECO really doesn't have any assets to go after.

Good point.
Call Pedro (Andre's father) and Andre Cho direct.

They are both Geologists and in 100% agreement the oil claim is bogus. The Belize press has quoting them correctly as "..Either a sign of incompetence and/or a move to inflate PPS." They are exploring options of the ramifications of this action. New risk?

http://www.mnre.gov.bz/category/news-and-events/geology-and-petroleum-department/

m.