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Re: Belize Oilwatch post# 30832

Thursday, 04/19/2012 10:58:08 AM

Thursday, April 19, 2012 10:58:08 AM

Post# of 116865
Not exactly Belize Oilwatch. What I said was the new 12 well drilling program had not started. It will start when the rig that was down in Belize gets to west Texas. But it needed some repairs as has been mentioned, and the shipping point was probably back to Mobile, which was where it was shipped to Belize from. Once back it must clear customs, which doesn't happen quickly. Then it must get it's repairs done and get to west Texas. I've already posted my best guess and it's from simply putting a reasonable timeline on what has to happen. Hopefully it will be in west Texas in a couple of weeks, ready for drilling. The company has already reported that there is activity of rework going on in west Texas on other wells. Obviously they would have had to have a crew, right? If you would look at what is probably going on, instead of trying to pick apart everything, you might get a better picture of what TECO is doing. Unlike some who have nothing better to do than post doubts, TECO management and field operations continue to move it forward positively each day and improve investor potential.
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