Replies to post #33068 on Treaty Energy Corp. (fka TECO)

[Belize Oilwatch]

GoB is not the most open government with information about the oil industry, I agree.

But one big difference that you are overlooking. BNE had proof that they had found oil, Treaty haven't (yet).

Important to note that Treaty have not officially reported proven reserves in Belize to the SEC.

If they had the SEC would have fined them and possibly shut them down for false reporting. IMO - as a previously certified reserves auditor inside the oil company I worked for.

[DTL]

Yes, I will also take Treaty's word over the GOB's. No company wants to directly defraud the SEC. Although the GOB will defraud it's entire population and each other. There are a few agendas here that want to see Treaty fail. Not going to happen!