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  4. Treaty Energy Corporation (TECO) Message Board

Like I said I wouldn't mind some latte $$ ;o) but

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Post# of 39368
Posted On: 04/24/2014 11:21:20 PM
Posted By: energyguy66
Re: Dloggold #27128
Like I said I wouldn't mind some latte $$ ;o) but hey I will drink a fine Malbec anytime believe me. I think there is some serious $$ to be made if this gets done right. BUT you have to get gas in the tank first. Drilling is out of the question until there is cash in the drawer. Get on PRODUCTION and if you have to look for strategic buys to do it, do it. The most "sure thing" you drill can still end up a dry hole. Shut in production, reworks, NATURAL GAS thats's the ticket right now. Do you know how much trapped gas we have now because of short sighted "energy traders" in NYC. Don't get me started... NG will go to $5 and there are a whole whack of properties that could be reworked and give TECO the horsepower it needs. Forget shale, focus on shallow, accessible, long life reserves. watch your OPEX and TECO could be a dark horse. The compliments are nice, thank you but I'm a simple guy who calls it as I see it. The area these guys are in has enormous potential with zero pubcos basically. A whole whack of mom and pops, with a few strong local juniors and intermediates. The Seniors are all paying $300 a night for a s***box in Midland. Have you ever woke up in Midland?


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