Can someone tell me how TECO could have declared the following statement from 10/31/2012 PR? Was TNC ever in Converse, Lousiana and if so then what are the ongoing results?

Work over cost are estimated at $15,000 per well and completion time for all wells is expected to take approximately 3 to 4 months. TNC Energy is currently on site and proceeding with the work over of the wells. Treaty Energy Corp will not be responsible for any other investments in the venture nor any other operational responsibilities.

http://ih.advfn.com/p.php?pid=nmona&article=54765713

http://ih.advfn.com/p.php?pid=nmona&article=54765713