Replies to post #52470 on Treaty Energy Corp. (fka TECO)

[Belize Oilwatch]

I agree. New World Oil claimed they were targetting a large amount of oil (93 mmbbls according to some sources) to get investor interest up in their exploration program in Belize.

That was before drilling.

They then drilled the well and found no commercial oil and announced their dry hole - just as Treaty have now done for San Juan #1 and #2 (but Treaty had published misleading information in February 2012 announcing a 6mmbbls oil find in San Juan #2, which someone should report them to the SEC for - IMHO).