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  4. Treaty Energy Corporation (TECO) Message Board

I don't have any DD, but I do have an opinion I wi

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Post# of 39368
Posted On: 11/17/2013 8:19:32 AM
Posted By: arstegall
I don't have any DD, but I do have an opinion I will share with the board. I don't see TECO drilling, completing, and putting the 5 wells online by 12/31. I think unless something really bad comes up they will finish the rework on the Stockton 1 and drill and complete the Kuback 3( forgive the spelling if it is wrong) and maybe begin drilling either the K 2 or K 1. I know they would have missed a self imposed and stated timeline again, but if the above happens WOW!!!!! Look at TECO 2012 compared to now and we are saying maybe we get 3 drills and completions and 1 rework in a quarter. This is a small miss compared to 1000 bopd by June 2012. I will leave it up to the investors that have way more experience and knowledge than I do in investing and trading penny stocks to figure out if this will or if it will not hurt TECO because they miss this goal. I can see how it may show more lack of creditability. My experience is oil and gas and if they hit the numbers I stated then look out because we really got ourselves a winner. PRODUCTION is the key!!!!! JMO  


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