Treaty Energy Corp. (fka TECO)

[Belize Oilwatch]

This is not rocket science. Why do TECO (and their Shareholders ) continue to make routine basic oilfield prep work sound like revolutionary progress?

In Belize, I see drilling after a 2013 Development Plan that looked a lot like a bog-standard drilling program was submitted to the Government.
In Texas, I see not much drilling yet and even when I do see drilling I see little of the promised production.

Bull - Not sure what TECO production rate you are implying for TECO in 2Q 2013 to get cashflow positive but I will believe it when I see it starting to come through and I don't yet.