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Re: None

Wednesday, 03/07/2012 8:37:54 AM

Wednesday, March 07, 2012 8:37:54 AM

Post# of 116865
Shame that posters with good intentions and large positions do not always post facts. Fact is TECO will not begin drilling the 2nd well till the 1st well is finished and flowing saleable oil. Which is fine with me. By mid-April the 1st well should be completed and possibly sooner. Materials to complete the 1st well has not yet been shipped to Belize. If any news is to come soon it will have to be that TECO and BNE have become partners. BNE equipment and drilling expertise will certainly benefit both parties. There will be no TEXAS news because the permits to drill the wells have not yet been Ok'd. 2011 10K is due Mar 30 and 1st qtr 10Q is due May 15. Neither filing will show huge improvement in my opinion but 2nd qtr should be a break out qtr for revs. All in all TECO is in very fine shape and sharholder will see huge gains in the pps in the very near future. I do not know if we will see any news after the election but hopeful that we see something. Go TECO.
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