Treaty Energy Corp. (fka TECO)

[blindinvestor]

Running1, I'm not sure where you got info that TECO would be drilling new wells in Texas this week. The rig only returned from Belize this week and I'm guessing it will have to clear customs, which if it went to Mobile, which is where it was shipped from to Belize, so expect it to be shipped back there as well, it could take two or three days to clear. From there, the company has mentioned it will need some repairs and possibly some refitting of some kind and expect that to take a few days. My guess is that the rig might make it to west Texas sometime late next week, with drilling probably the following week. But that's a guess on my part from what has been mentioned by others. Keep in mind this comment I posted before. If Treaty mentions it will be next week, add a few days. Their history is indicating usually a little more time to take for everything. I'm not knocking management, sometimes things come up unexpectedly and business just takes longer to do things today than it did a few years back. Keep your eye on May 10 or even May 15 or 16 for Texas drilling. My guess only. As for Belize, probably about the same time frame for their redrilling of the first well and possibly the wireline test confirmation that we have all waited for.