Princess Petroleum volunteered to plug the wells because they got tired of Treaty's foot dragging and Bullshit excuses. Princess want's to move on with thier concession. They hope to find a new operator that will be less embarrassing and more efficient and successful at drilling oil wells. Somebody that actually knows how to conduct a oil exploration program rather than a share selling pump and dump scam.
Interesting story (in some circles referred to as a yarn) related to Treaty and Princess -- I think the Treaty shareholders and investors would benefit with proof in form of a link to the direct information that was mentioned in your post.
You are posting that Princess got tired of Treaty dragging their feet and got rid of Treaty. Do you have a link that provides the official word from Princess to back up this claim? TIA