Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Treaty Energy Corporation (TECO) Message Board

I think that the 6MM BBL claim will stand with pro

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 39368
Posted On: 10/10/2012 12:12:45 PM
Posted By: highonweed
Re: DTL #1420

I think that the 6MM BBL claim will stand with production rates below 100 BOPD... These wells are shallow & if there is a 6MM BBL Reservoir down there, then the well-spacing will be very low, probably 1 well per 20 acres, maybe less... To be honest, I really feel that any production, once established & verified will substanciate the 6MM BBL discovery...


The reason that I say this is: at 100 BOPD, 150 wells would drain the reservoir in a year's time... Of course it down't work that way, and there are hundreds, if not thousands of factors involved.


I think that it is important for shareholders to keep their expectations in check... 20 BOPD would make for a VERY economical field to develop because of low development cost...


Besides, the pumps down there can only move about 300 BBLs/day, and the majority of that 300 BBLs/day will be formation water. I don't believe that there is any oil down there, personally, but if there is, TECO will be sitting pretty if 10% of the produced fluids are crude. That would give them 20-30 BOPD and make for a VERY VERY economic field to develop...


But that is just my opinion & I'm High on Weed...



(0)
(0)




Treaty Energy Corporation (TECO) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us