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Re: SmackDown post# 52528

Wednesday, 03/13/2013 12:17:13 PM

Wednesday, March 13, 2013 12:17:13 PM

Post# of 116863
Do you really think that Treaty is the only company to have a strike and find out that they don't have a commercially viable one? If you would look at the video of their San Juan #2 you would see an oil trace in the mud and water going into the tank. That was before they perfed, which might give them the idea that they had a nice well. It happens. Unfortunately, Treaty treated it a little prematurely. This time around, the GOB will bless and approve everything that Treaty says regarding their well. So if Treaty hits oil on the San Juan #3 and the GOB approves their PR, and it does in fact indicate an oil find, it changes the Treaty picture from one of doom and gloom like so many are preaching to one of excitement and opportunity. Plus about the same time, the Mitchell should be starting to drill in west Texas. Opportunity could be only a couple of weeks away. In the meantime I'm buying more shares. I think it's time to Get Ready!

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