$TECO SJ 1/SJ 2 Update
http://www.treatyenergy.com/nonflash/index-5....;fn_id=130
Treaty Energy Updates Shareholders on the Progress of San Juan #1 and San Juan #2 Wells in Belize
Posted on 09-11-2012 10:28:01
Treaty Energy Corporation is pleased to provide the following update on the progress of both the San Juan #1 Well, and the San Juan #2 Well in Belize.
Max Mohamed, Treaty's Director of Operations in Belize, stated, "The San Juan #1 well was drilled to a total depth of 2,260 ft on September 5, 2012. Open Hole Electric logs were run on the well the next day. Upon analysis of the well log data it was determined that there are multiple 'zones of interest' in San Juan #1 at similar intervals to the San Juan #2 well. San Juan #1 was cased on Sunday, September 9th and cementing will commence on Tuesday, September 11th."
Mr. Mohamed added, "Preparations are currently under way to perforate, acidize, and test both San Juan #1 and San Juan #2 wells for production."
About Treaty Energy Corporation
Treaty, an international energy company, is engaged in the acquisition, development and production of oil and natural gas. Treaty acquires and develops oil and gas leases which have "proven but undeveloped reserves" at the time of acquisition. These properties are not strategic to large exploration-oriented oil and gas companies. This strategy allows Treaty to develop and produce oil and natural gas with tremendously decreased risk, cost and time involved in traditional exploration.
(0)
(0)