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Treaty Energy Corporation TECO
Posted On: 03/21/2013 10:30:47 AM
Post# of 39368
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Posted By: BULL2222
Re: Oilfield Trash #8837

Our major cost have been Belize and the logistics of trying to operate in another country.  It's tough to try oil exploration on a tight budget. It's amazing to me that we are even able to be drilling in several locations.


The leases are another story. It's a tough road on Marginal Wells. Marginal Wells are defined as any well producing less than 10 BPD. There is plenty of work in the field that can increase our production and that will take time to resolve.














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