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Treaty Energy Corporation TECO
Posted On: 06/05/2012 2:19:15 PM
Post# of 39368
Posted By: md3811a

 


 


From IHUB Bullmarket --"Seems we have some procedural hoops to jump over to begin drilling. The rules and regulations require you follow a certain order to commence drilling. Looks like we may have not been as astute as we needed to be. The correction is almost complete and drilling will commence soon."


This type comments just confirms TECO is startup company with very limited operations experence . The rules are for TRC are black and white as for as the steps required. Surface leases have to be negotiated for every location. They have 20 locations right now that need to permited and surface leases required. Sounds like they are having trouble with the first one. Hopful they will hire a contractor would does this kind of work all the time to make things go smooth in the future


 


Had a order in all day at .3 no fill

















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