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Treaty Energy Corporation TECO
Posted On: 12/12/2014 1:58:35 AM
Post# of 39368
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Posted By: BigSur25
Look you guys this is a wild time in the oil patch , with the price of oil in free fall getting a loan on future production you would have to get a hedge price of around $35 for at least a year on 80 % of production . We would need to get our lifting cost way down . This can be done and if we get a good deal then oil comes back up and we get less of our oil hedged , that's when we make the big bucks .













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