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Treaty Energy Corporation TECO
Posted On: 11/19/2012 5:54:08 PM
Post# of 39368
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Posted By: Oilfield Trash
Re: Slow Ranger #3026

Madeley is our bread and butter right now so I hope you didn't read it correctly.  I know he was talking about lakeshore but we all knew we weren't going to get more than 20 bopd from that lease.  That was just something that seemed negative, so bipolar posted it on here.  We absolutely need Madeley to come in around 200 BOPD.  We can get by with it only being 100 but right now that is crucial to our success down the road.  I know there is still Belize and a lot of other things going on but right now the Madeley is proven and was shut down producing 150 bopd so thats what we need in the coming months.  Don't get me wrong there is a lot that can go right but we are in dire need of capital and that 8,000 a day we should get off of Madeley is very important.  We may survive without it but everything else would be a lot harder.  8g a day would be 720grand for the quarter. 


I think things said earlier this year by TECO and Mike should be thrown out.  I don't think they were lying or anything like that but remember this year was bumpy for us and a lot of variables changed from then to now.  I try to look at things fresh.  I never forget what has happened but if you always put past PR's up against the present then it gets frustrating.  We have grown and things we learned this year will make things we do next year easier and cheaper.  This is a great investment and I will actually call Reid and get premission to go to the Madeley one weekend.  














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