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Treaty Energy Corporation TECO
Posted On: 07/19/2013 12:45:42 PM
Post# of 39368
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Posted By: Dead Cat Bouncer
Re: Hogg #18366

The higher the price the better our odds of  making it to a profitable situation.  I think that oil goes to 140 by year end...  So we may only need 20 good wells at that rate to make a profit for the whole company.  Oil is the backbone of TECO.  Right now we can pay a certain % of the companies cost with oil and with every tick up of the oil price we gain a stronger foothold.














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