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  4. Treaty Energy Corporation (TECO) Message Board

I'm investtoski over at iHUb and have no problem w

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Post# of 39368
Posted On: 10/22/2012 12:54:25 PM
Posted By: wski4fun
Re: escogf #1966

I'm investtoski over at iHUb and have no problem with your or most anyone's response.  It's hard for me to look into Treaty's future past on the poor past performance.  Plenty of future hype with little to no details.  If there is DD out there then lets discuss it but for people just to throw out big news coming and .66 eoy is just not responsible.  Back in July Treaty indicated 1 week to drill the lateral.  Lets see how it turns out.  Money is to be released for one of the drilling projects after the completion of MacComas.  MacComas I believe was drilled to depth a month ago.  No word on Lakeshore yet PR claims 37 bopd.  Reworks PR claims 50 bopd yet that is obviously false but nothing official to the shareholders. 6m reserve in Belize yet 10 months later still nothing confirmed while others drill in Belize with updated CPRs.



The positives are that they still think they can pull this off and there is confirmation that they are progressing forward as far as their updates on FB.  Tangjung should be viewed as a positive but still to early to tell in my opinion.  There appears to be a lot of potential. Not much concrete from where I sit.



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