Does any know why if Lakeshore and Madeley combined were producing 229 BOPD and 822 MCF then why didn't TECO keep it there for a while? Why not run the operations and cover all expenses for six months to a year and then take the risk of drilling lateral on Madeley? Why take the risk of minimizing or completely stopping flow rates and then taking an extra quarter or two before showing "possible" improvement? Continuing these flow rates would have paid for many other ongoing projects and would have made the filings look much better than I expect them to look. On the other hand; maybe Treaty is holding back some surprises which I hope is the case.
Excerpts from 7/20/2012 PR:
Andrew V. Reid, Chairman of Treaty Energy Corporation, stated, "We reported in an earlier release that the Madeley F 1H well was certified at 192 BOPD and 822 MCF of natural gas per day.
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. Our news release of July 9, 2012 should be reviewed for considerable background information on our East Texas oil & gas fields."
http://ih.advfn.com/p.php?pid=nmona&article=53540367
Does any know why if Lakeshore and Madeley combined were
Top 10 Most Recent News Articles
Safety Tech in Fleets: Drivers Embrace Its Role
Drivers Warming Up to Fleet Safety Tech Seems like most fleet drivers these days are eyeing safety tech through a fresher lens. Gone are the days when grumbling about privacy was the anthem of the disgruntled. The latest Linxup survey claims a whopping 77% of commercial fleet pros have hopped onto the safety train, happily trading privacy qualms for the perks of solid...
Continue Reading
S4 Capital's Monks: Leading in Global Digital Marketing
Monks: Leading the Charge with AI So, here's the deal with S4 Capital's Monks being named a Leader in the 2026 Gartner Magic Quadrant for Global Digital Marketing Agencies. If you're tuning your ear to the modern marketing game, this move is huge. The global digital-first marketing juggernaut known as Monks is setting quite the bar. They're weaving AI into every stitch of...
Continue Reading
York Space Systems Faces Class Action After IPO Issues
What's Up with York Space Systems? Alright, let's dive straight into this unfolding drama. York Space Systems—fresh off their IPO in January 2026—is now neck-deep in a class action lawsuit courtesy of Robbins LLP. It's a heavy hitter for folks who put money into their stock under the assumption that it was as solid as a rock. Instead, there seems to be a soft...
Continue Reading
Jeen's Real-Time AI Cost Management Unveiled
Unmasking the Ghosts in AI Expenses Enterprises are thrashing around in the digital ocean of AI, yet many still can't see what's draining their coffers. It's not just the savant data scientists racking up the charges; it's every automated agent chipping away at resources—unnoticed until the bill finally lands. That's where Jeen is stepping in, flipping the script on...
Continue Reading
Hycroft Overhauls Board with Mining Heavyweights
High-Caliber Recruits Steer Hycroft's Ambitious Path Hycroft Mining's move to bulk up its board ought to raise eyebrows across the mining landscape. By snagging some of the biggest names in the industry, they're not just shuffling the deck—they're bringing in a whole new game plan. If you're tracking NASDAQ:HYMC, this is news you don't brush off. The New Power Quartet...
Continue Reading
Ontario Airport Taps New Leadership Amid Growth Surge
Fresh Faces at Ontario International’s Helm Ever find yourself wandering into the airport too early for a flight, soaking in its quiet buzz as planes rev up on the tarmac? Well, at Ontario International, there’s a new wrinkle in that familiar scene. Ontario International Airport Authority (OIAA) has shuffled its leadership deck, plucking Dr. Ronald O. Loveridge as the...
Continue Reading
Education's Future Explored at Reagan Institute Summit
When Second Lady Usha Vance joins a summit, folks know it's a big deal. The Reagan Institute’s Education Summit is shaping up to be a showdown of ideas, tackling education’s role in a whirlwind of technological and political changes. This ain’t your average PTA meeting. We’re talking heavyweights like Utah Governor Spencer Cox and Colorado Governor Jared Polis...
Continue Reading
GenesisFX Rolls Out Live Leaderboards, Boosts Social Trading
Traders buckle up! GenesisFX Markets just kicked open a new chapter in forex and CFD trading with their Live Leaderboards and beefed-up social trading tools. What's the commotion about? Well, that's your hook. These leaderboards are the newest addition to their ecosystem, paired with some serious social trading muscle. As Arkadiusz Bujalski, the Head of Ops and System...
Continue Reading
Claroty Earns Top Marks in OT Security Evaluation
A Closer Look at Claroty's Forrester Acclaim The waves of cybersecurity analysis have peeled back again, revealing a shining star—Claroty. The latest third-party evaluations seem to show that this beast of a company isn't just cruising; it's tearing up the operational technology security landscape. Named as both a 'Leader' and a 'Customer Favorite' in The Forrester...
Continue Reading
Zepp Health's Q2 2026 Results: Growth Amid Struggles
Revenue Growth, Yet the Road Is Rocky Buckle up, investors, because Zepp Health Corporation's (NYSE: ZEPP) latest financials are a bit of a mixed salad—there's some good and some bad tossed in. Reporting a revenue of $63.5 million for the second quarter of 2026, the company managed to eke out a 6.9% increase year-over-year. But before you pop the champagne, let's dig a...
Continue ReadingTop 5 Most Recently Viewed Articles
Allogene Therapeutics Enhances ALPHA3 Trial with New Regimen
Allogene Therapeutics Advances ALPHA3 Trial with Standard Regimen Allogene Therapeutics, a pioneering biotechnology company in the world of allogeneic CAR T cell therapies, has recently made significant strides in its clinical research. The company has chosen to incorporate standard fludarabine and cyclophosphamide (FC) as the lymphodepletion regimen for its ALPHA3 trial....
Continue Reading
Best Egg Earns Distinguished Workplace Recognition for 2024
Best Egg Celebrates Its Most Loved Workplace Achievement Best Egg, a prominent player in the fintech industry, proudly announces its recognition as one of America’s Top Most Loved Workplaces for 2024, marking a significant achievement as it ranks #57 on Newsweek's prestigious list for the second consecutive year. This accolade showcases the company’s commitment to...
Continue Reading
Heidrick & Struggles Announces Q4 and Full Year 2024 Financials
Heidrick & Struggles Announces Upcoming Financial Results Heidrick & Struggles International, Inc. (NASDAQ: HSII) is gearing up to release its financial results for the fourth quarter and full year of 2024. The company, widely recognized for its exceptional leadership advisory services and on-demand talent solutions, is scheduled to host a conference call to share these...
Continue Reading
Glenn Fleischman Takes Charge as aytm's Chief Revenue Officer
Glenn Fleischman Takes Charge as aytm's Chief Revenue Officer aytm, a premier agile consumer insights platform for notable brands and organizations, is excited to announce the appointment of Glenn Fleischman as their new Chief Revenue Officer (CRO). This strategic move aims to boost growth and reinforce the company's leading position in the realm of agile market research....
Continue Reading
Bureau Veritas Enhances Its Infrastructure Leadership in APAC
Bureau Veritas Sets to Acquire The APP Group in an Expansion Move Bureau Veritas, a renowned global leader in testing, inspection, and certification services, has reached an agreement to acquire The APP Group, a significant player in the Assurance, Compliance, and Independent Verification services across the Asia-Pacific’s buildings and infrastructure sectors. This...
Continue Reading