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Treaty's record of production projections. Not good...

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tdbowieknife   Sunday, 05/19/13 11:48:08 PM
Re: None
Post # of 116145 
Treaty's record of production projections. Not good...

I'll go by the TRRC records.

Actual Production as reported to the TRRC:

March... No Report
February 11.2 BOPD 315 Barrels For The Month. Madeley gas 0MCF
January 9.3 BOPD 289 Barrels For The Month. Madeley gas 0MCF

December 8.96 BOPD 278 Barrels For The Month. Madeley gas 0MCF
November 8.3 BOPD 249 Barrels For The Month. Madeley gas 580MCF
October 21.39 BOPD 663 Barrels For The Month. Madeley gas 572MCF
September 8.76 BOPD 263 Barrels For The Month
August 7.6 BOPD 236 Barrels For The Month
July 13.0 BOPD 403 Barrels For The Month
June 6.8 BOPD 204 Barrels For The Month
May 3.38 BOPD 105 Barrels For The Month
April 4.36 BOPD 131 Barrels For The Month
March 9.23 BOPD 286 Barrels For The Month
Feb. 17 BOPD 476 Barrels For The Month
Jan. 8.53 BOPD 256 Barrels For The Month

Dec. 5.80 BOPD 180 Barrels For The Month
Nov. 9.83 BOPD 295 Barrels For The Month
Oct. 9.06 BOPD 281 Barrels For The Month
Sept. 9.6 BOPD 288 Barrels For The Month
Aug. 8.06 BOPD 250 Barrels For The Month
July 10.09 BOPD 313 Barrels For The Month
June 10.37 BOPD 311 Barrels For The Month
May 0.32 BOPD 10 Barrels For The Month
April 0 BOPD 0 Barrels For The Month
March 0 Treaty acquired C&C Petroleum. Operator #120104
Feb 0 BOPD 0 Barrels For The Month
Jan 0 BOPD 0 Barrels For The Month

C&C Petrolem Operator #120104

Production by Filing Operator


Treaty production projections...

On 11/27/2012

"NEW ORLEANS, Nov 27, 2012 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO) (www.treatyenergy.com), a growth-oriented international energy company, announced today that it has completed the McComas –A- 20 Well. The well was drilled to a total depth of 1,900 ft on the McComas -A- Lease in Taylor County, Texas. Initial production came in at 18 BOPD."


The McComas A 20 well was never put into production.

Here's a whopper...

July 9th 2012

"Production of this well was 161 BBLS of oil per day at that point. Treaty Energy is permitted by the RRC to laterally drill this well to 1770 ft, but will not necessarily drill that entire length. Treaty currently is planning to drill to 1000 ft, but may drill farther if deemed prudent to do so. The well planners and geologists involved with this well estimate production to be up to 400 BOPD. Re-completion is estimated to take one week. Update will be provided to shareholders upon re-completion."


On 12/18/2012

"Mr. Gwyn added, "With the expertise of TNC Energy, our production will start to rise quickly, which brings revenue directly to the bottom line. Once these 21 wells are drilled by TNC Energy, we should see production levels around 400 barrels/oil per day, and this should be completed by the end of the 1st quarter of 2013."


On 4/12/2011

"Production on these leases for the last reported month of January 2011 was 379 BBLS of sweet crude oil."


On 4/20/2011

"SHOTWELL W. F. and the SHOTWELL "C" leases.
Treaty indicated that production on these leases is currently 4.18 barrels of oil per day"


On 5/23/2011

"Mr. Reid added, "With the addition of the 8 leases announced today, I believe that Texas oil production should reach 1200 barrels in June and will grow monthly, as wells are reworked on all of our Texas leases. The goal that we have set for Treaty is to be producing at the rate of 900-1000 BOPD by the end of this year."


On 7/6/2011

"Therefore we are projecting monthly oil production for August to be about 1000 BBLS and for September to be about 1250 BBLS."


On 7/8/2011

"Stephen L. York, President and COO of Treaty Energy Corporation, stated, "With the completion of the SHOTWELL acquisition we now have 13 leases covering 1,900 acres with current production of 35-40 barrels of oil per day."


On 8/1/2011

"Mr. York commented, "These rework activities are expected to increase our oil production by 300-420 barrels per month over the next two weeks, to about 1500 to 2000 barrels per month. While our stated goal is to bring our Texas oil production to 30,000 barrels of oil per month as soon as practical, the economical steps being taken at this time are crucial to us meeting our long term goals in Texas."


On 9/8/2011

Mr. York added, "The best estimate of Texas production on the currently owned and paid for leases will be 75 to 90 barrels of oil per day after the rework of the 15 shut in wells. Our goal by the end of 2011 is to be at 200 to 350 barrels of oil per day. This production number can vary based on the number of new wells that are expected to be drilled and completed. We expect to exceed 1,000 barrels per day by the end of June 2012. At $80 per barrel, this will translate to about $29.2 million in gross revenues annually from our Texas oil production alone."


On 10/4/2011

"Our current production from 35 wells is about 50 BOPD, with production expected to be in excess of 60 BOPD by the end of October."


On 1/17/2012

"In addition, Mr. York commented, "Treaty remains on track to achieve our previously stated goal of 1000 BOPD by end of June 2012. Current production from existing wells has stabilized and with continuing work-overs we expect production to shortly increase to 1500-2000 barrels per month."


On 5/7/2012

"With drilling starting almost immediately, Treaty will endeavor to fulfill its goal of 1,000 barrels of oil per day in Texas, as stated in prior news releases."


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