Replies to post #31222 on Treaty Energy Corp. (fka TECO)

[SCHNAUSER]

The Brown Unit lease has 14 wells that are not injection wells. That averages out to be about 15 barrels per well per month for February 2012 or .50 BOPD per well. Barely enough production to pay for the electricity, IMO. And that does not include royalties, taxes, salaries, etc, IMO. Losing money.

[Belize Oilwatch]

These are barrels per month, this rate just under 10 bbls per day.

Treaty needs 100 times this to reach its stated target of 1000 bpd. Does anyone have any idea where that much production will come from? And how long the build up will take?

With oil at $100/barrel monthly gross revenues are $29000.

With 750 million shares issued, Income per share right now is $39.42 millionths ($39.42 for every 1,000,000 shares issued)

Just stating the facts.