Well said! No pun intended. Working from home office today so no commute ;> .  What wells were being referred to below from the 3/29/2012 PR excerpt in bold below?  Time is money and money is time so what happened there and why 9 months later?  Those 17 wells should have shown up in the Q3 financials already showing 200 BPD.  The problem for us shareholders is understanding TECO's capitol situation and cash flow based solely on the financials and PRs.  To this day I don't have a clear picture as to why certain PR's said one thing but another happened.  I fully understand there will be delays and setbacks but I like to understand "WHY".  I can only assume it was related to not enough funding or the drilling operations produced little or the deal fell through or is this the $2.1mm they are finally working on now?

TECO announced private funding a few times as shown below but  if those funds were mis-allocated for unproducing wells then they have needed to start all over again, find more funding, until the 200 BPD comes in and they can be self-sustaining.  I keep wondering if discussions are in the works with Tanjung over some funding and not necessarily for offshore drilling right now but to help out with additional onshore drilling. Seems to me that maybe a $35mm injection would jump start TECO in a huge way and provide operational costs for maybe 17-20 wells in Belize and the US but where does the $35mm come from and such is the issue.  Andrew has done a great job with some partnerships in Louisiana and Belize and the $2.1mm in Texas albeit slow in the making.  Rome wasn't built in a day or 2.5 years; LOL!  It's just a matter of time.

In closing, Mr. Reid said, "I want to express my thanks to the Co-CEO of our Company, Bruce Gwyn , and CIO, Lee Schlesinger , for their efforts in securing the funding for both the 12-well and the 5-well drilling programs. I am very pleased with the progress being made on all fronts, as we strive to reach our production goals in both Texas and Belize that will greatly enhance the return on investment of all Treaty Energy shareholders."

http://ih.advfn.com/p.php?pid=nmona&article=51824382