Replies to post #31639 on Treaty Energy Corp. (fka TECO)

[superfine]

There are always going to be setbacks and delays as with any company or project and we are getting a blow by blow and it is hard for some to be patient, so if you can't, just exit the train no hard feelings.

I however believe in the long haul for Treaty and these short terms gyrations have nothing to do with the long term, but the following does have a lot to do with it.

Yesterday I learned that a PEMEX executive was impressed that this new company, Treaty Energy Corporation, was the holder of 3,400,000 acres of Leases in Belize.... and that this may put Treaty Energy among the largest Oil & Gas lease holders in the World.

The data below ranks the 10 largest lease holders in North America, and only Yates Petroleum hold more acreage than Treaty Energy., and only exceeds Treaty by about 5.4% the 2nd biggest lease holder, Encana Oil & Gas holds 1,359,351 acres, which is only about 40% of the acreage held by Treaty Energy. I'm still searching on more "International" data on leases, but being ranked right at the top of the acreage holdings of all the North American big players is terrific.

I find this to be very exciting! There has got to be a major news story here!



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Oil and Gas Lease Holders of The United States land

In The United States, 8,604 companies and individuals hold 44,690 active leases on 34,946,492 acres of land. The table below shows who holds active leases.
Rank Name City/State Number of Leases Acres Currently Leased
1 Yates Petroleum Corp Artesia, NM 88210 4,098 3,584,742
2 Encana Oil & Gas Inc Calgary, Alberta 1,464 1,359,351
3 Tom Brown Inc Denver, CO 80202 1,365 1,150,518
4 Devon Energy Corporation Oklahoma City 1,528 1,054,235
5 Westport Oil & Gas Co LP Denver, CO 1,199 1,022,347
6 Burlington Resources Fort Worth, TX 1,223 914,375
7 ConocoPhillips Houston, TX 976 811,131
8 Questar Corporation Salt Lake City 1,102 768,804
9 Exxon Mobil Irving, TX 75039 1,175 734,004
10Anadarko Petroleum The Woodlands, TX 931 732,058