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Treaty Energy Corporation TECO
Posted On: 03/27/2013 5:52:16 PM
Post# of 39368
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Posted By: Oilfield Trash
Re: Dloggold #9232

Yes it should unless they are on the edge and the next ones are off of it.  My point was that we are basically wild catting out there so we should have gone further away from that sight.  I understand about survival mode but we are pretty much on the machine that is eating breathing and chitting for us.  I still believe that Belize was piss poor planning.  That should've been done in a few years when we were cash flow positive.  We haven't seen a return on our investment and probably won't this year.  Hind sight is always 20/20 but the numbers guys should've stopped it.  I think someone said we are half way to the first zone which is 800'.  We need to drill to the bottom first and then test, come up to the next zone and test again on the way up not down.  Oh well if they turn it around then it won't matter how they did what.  If they don't then it won't matter because we will all have lost a lot of money.














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