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Treaty Energy Corporation TECO
Posted On: 07/19/2013 5:46:07 PM
Post# of 39368
Posted By: fallingpennys
Re: Dloggold #18388

And the more shares the harder it is to move.  If the Mitchell lease continues with about 20 bopd for Treaty and they get another 50-70 bopd from Stockton then I think we could stabilize in the 4-5 cent range.  But an increase in the A/S will have a negative impact.  Less O/S and more bopd the pps adjusts accordingly.  I just wonder how Treaty has been paying bills and what it is costing us.  That's why it is so important to have timely 10-Q's.  Come on and keep the dream alive Treaty.  Maybe sell the drilling equipment in TX and fund a couple more wells or buy some more acreage.














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