Posted On: 08/31/2013 9:18:18 PM
Post# of 39368
I wonder what this is all about; "As previously stated, the Company is in the process of acquiring the Stockton #1 lease. As of Monday, August 26, 2013, the Company has paid approximately $42,000 and is scheduled to pay the remaining balance on the well by the end of this week. Once fully purchased, the Company will be releasing a general operating packet that will contain the Company’s plan of operations over the next 6-12 months."
It appears Treaty is getting ready for a major marketing campaign! Perhaps to announce becoming cash flow positive after the strategic purchase and completion of the Stockton #1 and completion of the other two permitted wells on the Stockton Lease? Add theses three wells to the existing two Mitchell wells and that should make the company CFP. Or maybe, there might be some unexpected good news from Belize? Since that is a wild cat operation with small chances of success I would think Texas is going to be the focus of the information contained in the information packet.
After all, It doesn't make much sense to "release a general information packet" without some good verifiable news contained inside to me.
It appears Treaty is getting ready for a major marketing campaign! Perhaps to announce becoming cash flow positive after the strategic purchase and completion of the Stockton #1 and completion of the other two permitted wells on the Stockton Lease? Add theses three wells to the existing two Mitchell wells and that should make the company CFP. Or maybe, there might be some unexpected good news from Belize? Since that is a wild cat operation with small chances of success I would think Texas is going to be the focus of the information contained in the information packet.
After all, It doesn't make much sense to "release a general information packet" without some good verifiable news contained inside to me.
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