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  4. Treaty Energy Corporation (TECO) Message Board

You mean something real like predicting .60 by eoy

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Post# of 39368
Posted On: 10/17/2012 7:58:10 PM
Posted By: wski4fun
Re: Oilfield Trash #1785

You mean something real like predicting .60 by eoy?  That Belize is going to be 50 bopd?  That we will get news this week, last week, next week?  That the GOB is keeping Treaty quiet because of debt negotiations?  There is so much BS that is posted on the 2 boards that it is ridiculous.  So no one here is thinking that there will be any significant production in the 4th Q?  The 2 wells in Belize producing 50 bopd each by mid-Nov. and 250 bopd from Madelay by Dec. 1 no one thinks is likely.  When I spoke to Mike last, cash is a problem.  How much of a problem I have no idea.  But he did indicate that not having available cash is slowing some things down. If you want to pick apart my use of survival then fine I will retract that.  But please explain to me with all that is going on and the optimism from Reid and Mulshine that we should not expect at least 750k in revenue for the 4th Q.  I will even take 750k worth of production. Treaty has said 20k-30k bopd is their target in TX.  1k bopd was their target by June.  And how about the potential of Madelay being discussed in the thousands of barrels a day then quickly comes back down to 250-400 bopd.  There is not one other poster that has thrown out timelines and production numbers that have any supporting evidence but it sure is fun talking about all becoming millionaires  instead of reality I guess.  Will be looking forward to everyone's supporting evidence to back up any comment.



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