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Treaty Energy Corporation TECO
Posted On: 12/19/2012 9:26:40 AM
Post# of 39368
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Posted By: BULL2222
Re: coolnapz #4708

Good post, and DTL is my friend...


Let me explain this to the board. We did much of our own drilling. This is tough for us compared to pistol.


Reason, we have old equipment and it's always breaking down. We may hold a project up for 30 days or more getting a part from somewhere in the US to Belize.


Case in point, the mud pump went out in Belize.  Sometime  later we were doing the wireline. I was there with Max and Hamdi (Princess Petroleum)


We were doing the wireline. We and caught an obstruction. We could bring the rig over to clear it out had we had a mud pump. You have a full crew you pay while you wait. In the US the time delay is just days, but still way too costly.


Pistol brings multiple systems along with 2 truckloads of  spare parts. What they don't have on site they will will truck in overnight, max. And that rarely when you have multiple systems.
















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