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Treaty Energy Corporation TECO
Posted On: 11/18/2013 3:52:03 PM
Post# of 39368
Posted By: 2020Investor
Re: DTL #22355
Can't say it's promising (for Belize operations anyway) - my gutt was telling me they must have had a high confidence in oil if they were willing to go through all of the trouble and effort, however, at this point - at this point even if they could get the well producing not sure it bodes well - I mean it's taken them several years to get to this point - even if they achieved a producible well not sure they would be able to bring them on line fast enought to have any meaningful impact on revenues.  Unless they brought in some real expertise or perhaps sold the asset to someone that could produce the wells.  Just my thoughts here.













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