if you looked at the conference call map that Treaty presented, they are now locating a drill site right on top of a huge red area which geologists have indicated is a good hot spot and has a high probability of hitting oil. Now, they just have to drill.
Did you ever ask yourself this: I wonder why they didn't drill at this magic red-dot first???
As for the Brown, it's a start as I posted. If you can do better, get out there to the site and get with it. I'm sure other Treaty investors will appreciate that effort to improve their share value.
Did you see this picture of the Brown 'well'? that is a 4.5" collar setting on top of the ground with cement smeared around it... This is what you get for all your loyalty to TECo for the last two years. I would already have a team of security lawyers if I were you... The picture is below:
And to cover any buyback, first there have only been 1.250B shares approved for issuance, not 1.3B as some on this board have incorrectly posted. Of course it's possible that Treaty officers may be putting up the funds, or whoever really doesn't matter, to buy back shares.
LOL, only 1.25 Billion shares, are you kidding??? If TECO Officers bought the shares, then that wouldn't be a share buy-back program now would it???
MAKE NO MISTAKE, TECO OFFICERS ARE IN THE BUSINESS OF SELLING SHARES, THEY DON'T BUY THEM BACK... LOL...