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Allisone

02/09/12 11:41 PM

#27144 RE: dloggold #27141

Treaty Energy or TECO Status?

Should's unfortunately are not very unreliable.

Patterns of people/companies are much more reliable. Especially to help predict the future. Going by the pattern of this company....They will most likely spend more money than they bring in. That is if you go by the facts and not the press releases and boards.

However, If you go by the boards and press releases than this company:
1) Hit a 6,000,000 field at shallow depth in Belize,
2) produce 30,000 Barrels of oil per month (1,000 Barrel per day),
3) is revered and worshiped in Belize and up for the Noble Peace Prize
4) currently having a honeymoon with their happy partner Princess petroleum. Princess loves TECO'S transparency.

Oh, and the abandoned office pictures that just surfaced from Treaty's Belize office? It's because TECO bought Guatemala and is currently living in the White House with Obama with Newt Gingrich serving them breakfast every day.
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Margin-Hunter

02/10/12 2:04 AM

#27146 RE: dloggold #27141

I agree I think our next news will be Texas production numbers,I'm just not sure on the new lease. I know they are virgin wells I just can't remember if they said they were shallow pay zones or not. I know deep pay zones can take a month or longer to reach depth. I think we also might get news when the truck and equipment get to Belize and everything is in place to begin the fracturing process. It should be an exciting few months! I know all who have endured all the crap will get their just rewards! GO TECO