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Treaty Energy Corporation TECO
Posted On: 11/20/2012 9:00:43 AM
Post# of 39368
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Posted By: jake09

Oil revenue truly is on the rise. The majority of the previous year's revenue was not oil sale-related.


"We had $145,770 in revenues for the nine months ended September 30, 2012 from our Texas acquisitions versus $161,560   for the same period in 2011. Oil sales during the nine months in 2012 were higher, however, revenues for that period in 2011 included third party drilling service revenues, a service no longer offered by the Company."














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