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  4. Treaty Energy Corporation (TECO) Message Board

Hahaha no I'm not friends with any of the bashers.

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Post# of 39368
Posted On: 10/10/2012 5:50:42 PM
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Posted By: Oilfield Trash
Re: arstegall #1469

Hahaha no I'm not friends with any of the bashers.  I like to listen to what they say from time to time but I'm by no means a basher.  I just read a lot and if you go on Treaty's website and read the PR's there is absolutely no reason we aren't far from about 300 BOPD.  I haven't seen the numbers so we may be.  Here is a quote


In conclusion, Mr. Reid stated, "I am extremely pleased with results so far from our Shelby County Texas leases. Treaty is now producing oil at the rate of 229 BOPD and natural gas at 822 MCF per day with expectations of huge increases in those numbers as other wells are worked over, re-entered, and additional new wells drilled on these new East Texas leases.


Just so all is on the table this is from July 20, 2012.  He didn't say he was projecting or hoping for 229bopd.  He said now producing.  They actually say a lot which is why we are all here and invested.  We believe in this company and are writing checks to them through the shares we purchase.  We all are the board of directors and share holders.  Reid and Gwyn were issued stocks, they didn't buy them.  I am not going to just accept unmet goals like some.  Imagine telling your boss that the project you were responsible for wasn't finished by deadline.  Is he going to say "Its expected, things take time in the oilfield, next week is ok."  No, not even close and I guess I take his approach.  I will cheer for good news and complain about bad to the people that are feeling the same pain I am feeling.  People bash to help there cause just like the "Good things are coming" people are helping there cause.  My cause is my wallet and these shares are an extension of said wallet.  Not saying that good things are not coming but people have been saying next week for over a year now.  They seem to get a free pass though because people typically like to hear good news with or without credentials.



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