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  4. Treaty Energy Corporation (TECO) Message Board

I sense such a slow move of operations in Belize

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Post# of 39368
Posted On: 11/18/2013 4:11:49 PM
Posted By: TECO-IR
Re: Sweet #22359

I sense such a slow move of operations in Belize, it isn't worth a reprint of the same old every week.


Pretty much this. We dislike the news of saying "stuck packer" but its the truth, and each week we get the same calls about the slow movement in Belize. We understand people want to know about Belize -- we're still committed to the project in Belize, but in the same time it takes to manufacture a part in Texas from an imprint in Belize, we could have drilled and completed a well in Texas (which we pretty much did).

In terms of logistics, Belize moves slow. In almost every newsletter discussing it, we have mentioned that Belize operations move at a MUCH slower rate and may be even slower with Texas ramping up. By putting that in there, we just want to make it perfectly clear where Company operations and priorities currently lie. We have some people who literally don't care about ANYTHING in Texas, but ONLY care about Belize, despite the great progress we've made in Texas. As a result, we're just trying to make it clear that people concerned about the Company's progress should be watching the Texas operations too -- not just Belize. 




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