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Shizoku

01/30/12 1:00 PM

#24428 RE: S3lfMade #24426

Question is how much more oil will TECO find on 1.2 million acres of concession in Belize (onshore by the way) and millions more offshore?
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USA*2014

01/30/12 1:01 PM

#24429 RE: S3lfMade #24426

TECO has almost a billion in oil estimated alone in Belize. Texas is heading towards a 1000 barrels per day. I say TECO will be a multi dollar stock. ERHE has the same market cap without ever hitting a drop of oil and they also ran to a dollar ....so you tell me what the potential of Treaty is.....
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coolnapz

01/30/12 1:04 PM

#24437 RE: S3lfMade #24426

Lots of room. 1,000 BPD from Texas alone with 80 dollar oil and a 15 X P/E, and 2 X last years costs would make this at least a 30 cent stock by June. Factor in that we are only on well 1 of 12 in Belize, and we have a dollar plus stock by this time next year.