Posted On: 07/08/2013 1:10:11 AM
Post# of 145137
The steam will come on tomorrow and should last all week. We just set cement on SJ3 and the Perfing and swabbing begin Tuesday...
If this well comes in with any decent numbers than the run will be better than NTEK. TECO has rights to drill 200,000 acres in Belize and we could put large numbers of wells down.
Rumors are rampant of a well greater than 100 barrels a day. If that's the case TECO is 20 to 25 cents. No doubt in my mind. I'm highly optimistic but cautious. Oil wells have a mind of there own and there are so many variables that only God can make that call reliably.
There will be no dilution coming in because the A/S is maxed .
The Government of Belize is in Full control of any news release. TECO can't even announce without their approval. We'll should hear something Thursday or Friday...
Have Fun...
BULL
If this well comes in with any decent numbers than the run will be better than NTEK. TECO has rights to drill 200,000 acres in Belize and we could put large numbers of wells down.
Rumors are rampant of a well greater than 100 barrels a day. If that's the case TECO is 20 to 25 cents. No doubt in my mind. I'm highly optimistic but cautious. Oil wells have a mind of there own and there are so many variables that only God can make that call reliably.
There will be no dilution coming in because the A/S is maxed .
The Government of Belize is in Full control of any news release. TECO can't even announce without their approval. We'll should hear something Thursday or Friday...
Have Fun...
BULL
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