Could this be it from 8K filed July 11 2012:
Item 1.01 Entry into a Material Definitive Agreement.
On July 11, 2012, Rampant Leon Financial Corporation (“Rampant Leon”), an entity affiliated with Treaty Energy Corporation (“Treaty”), assigned to Treaty all of Rampant Leon’s interest in a buy/sell agreement (the “Agreement”) that Rampant Leon entered into with Jimmy Jones and 3K Oil Trust (the “Sellers”) on May 30, 2012. Treaty did not pay Rampant Leon any consideration for this assignment.
Under the Agreement, Treaty will acquire three leases (the Isaiah Hill Lease, Madeley Lease, and the Ellora Farm-Out) totaling approximately 440 gross acres. Treaty will own 75% of the net revenue interest under these leases. Under the Agreement, Treaty also agreed to purchase the Chumley Lease totaling approximately 140 gross acres. Treaty will own 70% of the net revenue interest under the Chumley Lease. All of the above leases are located in Shelby County, Texas.
The purchase price for all of the leases is $1.2 million in cash plus $6 million of either common stock or convertible preferred stock of Treaty. Treaty has already paid $50,000 to the Sellers, which will be credited toward the cash portion of the purchase price. The remaining consideration is to be paid by August 15, 2012. If Treaty does not close by this date but expends monies for lateral operation on the Madeley Lease, then Treaty will have rights to the first 5,000 barrels of oil produced from the lateral well. After 5,000 barrels have been produced, Treaty will have a perpetual 50% interest in the production of the lateral well.
Item 9.01 Exhibits
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