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Treaty Energy Corporation TECO
Posted On: 06/29/2013 3:42:21 PM
Post# of 39368
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Posted By: Vettehemi
Re: Vettehemi #17397
Its not like its just one lease , its all current and future texas leases. Boy do we need Belize to strike and we need Bull to get quite a few more leases up and running.. Now that being said, does this royalty include gas? If not. Gas is the way to go... Until belize hits, we arent at 200 bopd lol. Another thing is, does it have to be texas at 200 bopd or just treaty in general? And is it well production or just treatys cut that counts in this 200 bopd. Because if its treatys cut, it means well have to have about 600 plus bopd production to get rid of that 15%. Now. If we could just pop 200 bopd in one day. , will this 25% be gone? Lol. Just a thought. I really hate seeing this much being given away for so little pay.













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