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  4. Treaty Energy Corporation (TECO) Message Board

Not sure about a land completion of this kind. If

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Post# of 39368
Posted On: 02/25/2014 9:05:14 AM
Posted By: arstegall
Re: fallingpennys #25692
Not sure about a land completion of this kind. If I had to guess I would say around 75K. Yes drilling is the most expensive part but completion is the most critical. With the Stockton 3, just because it is on the Stockton lease does not mean that the well is just like or even similar to the Stockton 2. The way I read into the newsletter the Stockton 3 may be more similar to the Kubacak wells. I sure hope TECO makes good on this plan. This can be very good for us shareholders if TECO will execute on it. Selling off the interest % in wells will give us a boost in cash without the uncertainty of what a well will do or what could happen. The weather will be getting better so we shall see if things start moving. They told us they were not oil men by trade but were bankers. Bankers should know how to get financing, we shall see!!!!!!


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