Treaty Energy Corp. (fka TECO)

[bigdaddy21c]

"Belize (Treaty Belize Energy, LTD):

The Company is continuing to work with Princess Petroleum, LTD and its partners in Belize in a limited capacity and no official decision has been made with regards to the Company’s international operations. This official decision may or may not include Belize; however that decision will be made at a later date in time.

However, at this time the Company does want to clear up some misinformation and speculation regarding our Belize operations:

•Several individuals have reported that the equipment has been seized/removed from the country. This statement is false. Both Princess Petroleum and Treaty Energy have placed the equipment in a secure location with 24 hour security to prevent theft or damage.
•Reports have (again) appeared on various sites that Treaty Energy Corporation’s drilling rig in Belize is stolen. This untrue rumor comes from Mack Maxcey, an individual involved in the Company’s on-going bankruptcy damage litigation suit. The Company has taken the concerns of investors and forwarded them to our legal counsel to bring forth to the judge as evidence in this matter."