Replies to post #44955 on Treaty Energy Corp. (fka TECO)

[investtoski]

Not all that exciting. Shows the set up, a holding tank filled with oil, looks like a truck in the back ground to pick it up. Didn't look like anyone on the drill but then again there wasn't a good shot of it. Standard fair for Treaty.

[ChitForBrains]

It shows the railbox at same depth from 10/18 that I saw yesterday, and yesterday there were 2 10/18 videos... now just one without the same oil video (the one where they were shooting out mud into the pit)...

Here's the comments bottom up more recent missing because I'm lazy

XXXXXXXXX Horizontal drilling is also how major oil companies steal oil off of the land of people who refuse to sell the rights to them.
4 hours ago..

XXXXXXXXX I live in Ny... The only oil I have is on my face, and the money invested is in TECO!!! Come on D put a few G's in this its at a great price right now....
4 hours ago via mobile..

XXXXXXXXX no thanks brother. I am locked into something very special right now. Also in the oil industry
4 hours ago..

XXXXXXXXX Inbox a brother...
4 hours ago via mobile..

XXXXXXXXX I drink your milkshake!!
3 hours ago via mobile..

XXXXXXXXX No major oil company will knowingly drill horizontally under property they have no mineral rights to. They may drain oil from under your property, by seeping down to their well, but that can happen with a verticle well, also. If that is believed to be ...See More
about an hour ago.


XXXXXXXXX Horizontal drilling is done to enhance rate and/or recovery and/or extend the productive life of a well. In addition to what Ken said, there is too much litigation risk associated with mineral rights. Plus, as alluded to, producing wells create a pressure differential that hydrocarbons flow in response to, no matter what the deviation.