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Treaty Energy Corporation TECO
Posted On: 04/12/2013 8:27:46 PM
Post# of 39368
Posted By: DTL

Now that TNC is on site and will start drilling shortly;  let's see how accurate the statement from the 12/18/2012 turns out to be vs other 2012 PR's.  Check out the adverb "around" in the statement below pasted from the PR.  I hope that doesn't become the new "soon".  Time will tell but 400 BPD is approximately 20 BPD per well on average.


"Mr. Gwyn added, "With the expertise of TNC Energy, our production will start to rise quickly, which brings revenue directly to the bottom line. Once these 21 wells are drilled by TNC Energy, we should see production levels around 400 barrels/oil per day, and this should be completed by the end of the 1st quarter of 2013.""














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