Replies to post #53238 on Treaty Energy Corp. (fka TECO)

[tdbowieknife]

Treaty has done no seismic in Belize. Zero....Treaty is just poking holes in the ground. If they find Commercial oil there it would be a miracle.

[brainyboy77]

Mr. Oriley I love your optimism.
The last time oil was found in Belize Mr. Steven York and Mr. Bill Harden, Treaty employees, were there to confirm the oil. That was in January 2012. Do you know the rest of the story???
If there is a large oil find then I will eat crow but right now I do not see it happening, of course unless York and Harden are there to make the official announcement. Then the government of Belize will need to step in, as they did in the past, to refute the claim and Treaty will retreat with their tail between legs. Living in DaNile like an Egyptian is a waste of time.

[tdbowieknife]

Treaty is also not drilling the Coban...Treaty is drilling near the eastern edge of the "North Peten Basin" which has "Coban" like characteristics. Again Treaty has done no Seismic let alone 3-D seismic. There is one line of old general survey 2-D seismic near the area were Treaty is drilling. I believe that was done by Esso. Certainty not enough data to pinpoint a drilling location. And besides Treaty pick the location before they could even have gotten the data. In the CC Treaty said they were trying to acquire it from the GOB.