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againstallodds

06/24/13 11:36 AM

#61633 RE: bullmarket2222 #61632

TRRC= ONLY VALID SOURCE FOR PRODUCTION
TOO BAD NEITHER TECO NOR US FULES DEEM TO BE CURRENT WITH TRRC

MY GUESS IS THAT ALL THE TRUCKLOADS AND BARRELS PRODUCED ANNOUNCED BY THIRD PARTIES ARE JUST OFF THE REAL VALUES AND NOT APPROVED BY TECO...TECO HAVE NO REASONS TO NOT BE CURRENT WITH TRRC, THIS IS MANDATORY

TECO HAVE NO REAONS NOT TO BE CURRENT WITH SEC, 10Q AND 10K WOULD CONFIRM THAT TECO NET NET STAKE IN MITCHELL IS BELOW 10%
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SCHNAUSER

06/24/13 11:59 AM

#61651 RE: bullmarket2222 #61632

Lets see now what that means.

5 tanker loads @ 170 Barrels per load equals 850 barrels.

Treaty gets 10% or 85 barrels

85 barrels in one month equals 2.83 BOPD for Treaty

2.83 BOPD times a liberal $94 per barrel equals Treaty gets $266.33
dollars per day.

Put that with 50% of the expenses and Treaty goes further in debt.

These are facts from numbers put out by Treaty's personel at the site. Thanks.