Replies to post #727 on Treaty Energy Corp. (fka TECO)

[caprock]

Thanks Ted. We are supposed to take Treay's plan at face value and not ask any of the hard questions. Nor will they provide any concrete plans. But this sure sounds like good deal.

[chipotlePickle]

Thanks Ted I think you are wrong. I also thought that the bbl/month was getting reported as bbl/day as a typo or think or whatever by the IR But the 10k makes it clear that the 50bbl/day is the anticipated production after an investment if $150k. It would be good to get an expert opinion of that field. I don't know if 20 bbl/day/well is realistic or not. Treaty did 13 bbl per day in 2007-08 , and some of the neighbors routinely produce that much.