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Treaty Energy Corporation TECO
Posted On: 02/07/2013 11:10:16 AM
Post# of 39368
Posted By: arstegall
Re: Hogg #5923

1 mile could be nothing or everything in terms of geology. From what has been reported in the last year this is in the same zone of interest. We will have to drill and complete 8 wells for the GOB to allow us to confirm a 6mmbbl reserve. If you know what you are looking at and understand what the GOB was saying, you can see that they were saying they are not confirming a 6mmbbl reserve from the first well. They want the other wells drilled at different points of the reservoir to measure the depths of the pay zones and the size of the reservoir. With each well drilled TECO gains invaluable knowledge about the size and production contained in the reservoir.














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