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Re: Belize Oilwatch post# 34263

Wednesday, 06/20/2012 10:08:43 AM

Wednesday, June 20, 2012 10:08:43 AM

Post# of 116870
Did you take into consideration that Treaty has sold 50% of the 50% interest in the first two wells and I believe around 10% of the 50% of future wells in Belize.

From the last 10-K

"On September 2, 2011, we sold a 25% working interest (50% of Treaty’s working interest) in Belize well numbers 1 and 2 to an investor for $156,925 in cash."



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