Treaty Energy Corp. (fka TECO)

[tdbowieknife]

Was not making any assumptions. It was a known fact that Treaty had not done 3D seismic and had not used any in picking the locations of San Juan 1, 2 and 3 wells. This from the 2013 report to the Belize Government...

Three general areas of interests have been identified as shown in Figure-2. Area-1 is located in the San Juan vicinity in Stan Creek district while the others are within the Toledo district. These areas of interests were selected on the basis of satellite and surface evaluations as well as limited studies of existing 2D Seismic data and other available geological information obtained from research papers and well completion report

With the old 2-D they are talking about.. Treaty themselves have not looked at the limited (very poor) data as Reid said in the February 2013 CC that max was looking at getting that data reprocessed. So that seems to me to be misleading. They are talking about reports generated by Esso. By they way Esso drilled the Monkey River well in 1979 to 3507 feet. It took Esso 22 days from spud to completion to drill and they found nothing but tar balls.

Treaty nor the GOB has ever mentioned doing or even planning on doing any 3-D or even 2-D seismic on the onshore Princess Petroleum concession...