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Treaty Energy Corporation TECO
Posted On: 01/02/2014 8:52:51 PM
Post# of 39368
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Posted By: Dead Cat Bouncer

Hope when they post on the 13th that the Barns is all plugged.


P.H. Barnes and McComas Lease
The P.H. Barnes lease will be evaluated by our contractors on Monday, December 16, 2013. Once the evaluation is complete, a logistics plan will be created to determine the best course of action. When the logistics plan is created, the plan will be forwarded to the RRC and the landowner for evaluation before proceeding. Once approved by all parties, the plugging operation will begin.

As stated previously, the Company has requested a hearing date on the McComas lease and is waiting to be notified of a hearing date. However, the Company is making progress on another front to resolve the issue before a hearing is necessary. To the best of our knowledge, the McComas lease will not hinder the Company’s efforts to bring C&C Petroleum Management, LLC. back into compliance.














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