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Treaty Energy Corporation TECO
Posted On: 07/25/2013 2:46:15 PM
Post# of 39368
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Posted By: Oilfield Trash

I'll wait and see on an X factor but that doesn't make sense to me.  Treaty has no revenue, leases that aren't worth real money, no experience, and no assets.  Who would want to deal with them with anything.  We spend 5 million a year.  Thats roughly 13,600 a day.  Yes that translates to 136 BOPD.  We aren't close to that and they won't tell us what that money is used for.  It wasn't for the Mitchell because if we paid for the drilling we would be getting all of the oil.  We had to pay 72% of the oil for the drilling.  I'm glad they were honest in the CC.  We might as well have fun with this.  I will bet anyone that we aren't over 30 BOPD by December and the stock won't be above .03 by December 31.














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