Treaty Energy Corp. (fka TECO)

[againstallodds]

ARCHER Q1 Revenues : 515 M$ !!

They got the money to go throuth this BK process, and they got an attorney... TECO BEWARE

First Quarter Highlights
•First quarter revenue of $514.5 million.

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First quarter EBITDA of $39.7 million.

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Net loss for the quarter of $37.0 million.

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First quarter operational cash outflow of $25.8 million.

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Raised $250.0 million from the issuance of 208.3 million new shares in a private placement

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Net interest bearing debt at the end of the first quarter 2013 at $982.5 million.

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Announced the sale of North American Rental and Tubular business for $244 million.